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NEW PROPOSALS/LANGUAGE I INTEND TO FILE THIS SESSION
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Problem: Money Laundering
Unfortunately, it has become common practice by many Missouri politicians to shufflefunds from one committee to another in order to “wash” contributions and mask their source. This risks the possibility of legislators engaging in “pay to play” schemes withoutthe risk of detection because funds can enter the system in one committee and then travelthrough several others over a period of months before finally reaching the legislator inquestion. Our completely unregulated committee system serves little purpose other thanto aid those who engage in the laundering of political money.
Solution: Common sense committee reforms
Because political money is typically “washed” through a variety of committees beforefinding its way into a candidate or party committee, my initial instinct was to eliminateseveral of the committee designations that exist now (continuing, legislative district, etc.).My research indicates that doing so would present a first amendment problem. Therefore,we must settle for regulating the existing system.I propose that we allow only candidate committees to receive donations from other committees. If non-candidate committees are not allowed to donate to one another, thecurrent methods for laundering political money will be impossible without directlyimplicating a candidate’s campaign committee.
Statutory language to be added to RSMo 130.031
“No committee shall transfer funds to any other committee with the sole exception that acandidate committee may transfer funds to another candidate committee. Whoever attempts to transfer funds from one committee to another for the overriding purpose of concealing or masking the origin of a political contribution shall be guilty of a class Dfelony.”
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Unfortunately, the outstanding professionals in the legislative drafting office were very busy at the timethat I drafted this document. Therefore, while much of the original language throughout this memo wasinfluenced by their helpful suggestions, I composed a substantial portion of the statutory language myself. Iunderstand that my expertise in the technical skill of drafting is not as refined as many on the House staff,so I’m open to your suggestions regarding clarity, verbiage, etc.
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