July 6, 2022 •
Missouri Passes Law Permitting Campaign Contributions by LLCs and Shielding Nonprofit Donor Identities
Missouri Gov. Parson signed Senate Substitute for House Bill 2400 permitting certain limited liability companies (LLCs) to make campaign contributions to political committees.
To qualify, the LLC must elect not to be classified as a corporation under federal law; be in existence for at least one year prior to making contributions; and must submit a form to the Missouri Ethics Commission indicating the LLC is a legitimate business and not created for the sole purpose of making campaign contributions.
The bill also bars public agencies from requiring nonprofits to share the identities of donors, volunteers or supporters.
The bill is effective August 28, 2022.
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