Bill > HB523

This bill modifies Missouri campaign finance regulations by prohibiting candidates from serving as the treasurer of their own candidate committee. Specifically, the bill removes language that previously allowed candidates to appoint themselves as a committee of one and serve as their own treasurer. The new provision explicitly states that no candidate shall serve as their own treasurer. This change is designed to introduce an additional layer of financial oversight and accountability in campaign finance management. The bill requires that every candidate committee must appoint a separate treasurer who is a resident of the state and resides in the same district or county as the committee. The treasurer (or deputy treasurer) will be responsible for managing the committee's financial transactions, including depositing contributions, maintaining official depository accounts, and filing necessary financial reports. This provision aims to enhance transparency and reduce potential conflicts of interest by ensuring that campaign finances are managed by an individual other than the candidate themselves.

Government Affairs

https://house.mo.gov/Bill.aspx?bill=HB523&year=2025&code=R