Title: STATE OF OKLAHOMA
Author: lindac
Last saved by: Windows User
Company: Oklahoma House of Reps

ENGROSSED HOUSE
BILL NO. 2974	By:	Dank and Lockhart of the House

			   and

		Treat of the Senate

An Act relating to ethics; amending 51 O.S. 2011, Sections 304 and 314, which relate to the Political Subdivisions Ethics Act; modifying definitions; modifying the filing of certain reports; amending Rule 257:10-1-14 of the Rules of the Ethics Commission (74 O.S. 2011, Chapter 62, App.), which relates to contents of report; modifying amount of campaign expenditure required to report; providing an effective date; and declaring an emergency.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1.     AMENDATORY     51 O.S. 2011, Section 304, is amended to read as follows:
Section 304.  As used in the Political Subdivisions Ethics Act:
1.  "Business" means any corporation, partnership, sole proprietorship, firm, enterprise, franchise, association, organization, self-employed individual, holding company, joint stock company, receivership, trust, or any legal entity through which business is conducted for profit;
2.  "Calendar quarter" means each three-month period of a calendar year, beginning on January 1, April 1, July 1 and October 1 of each year;
3.  "Campaign" means and includes all activities for or against the election of a candidate to a specific local office for a specific term from the date of the first contribution, the making of the first expenditure, the filing of a declaration of candidacy or a public announcement of intent to seek such election, whichever is first;
4.  "Candidate" means a person who has filed a notification and declaration of candidacy for any public office with the secretary of any county election board.  The term "candidate" shall include a person whose candidacy is unopposed, but shall not include any person who has withdrawn such notification and declaration of candidacy;
5.  "Candidate committee" means the committee, consisting of one or more persons who may be the candidate only, designated by a candidate to promote the candidate's candidacy and serve as the recipient of all contributions and the disburser of all expenditures for the candidate;
6.  "Committee" means a candidate committee, political action committee, political party, or organization;
7.  "Compensation" means money, service, facility or thing of value or financial benefit which is received or is to be received in return for or in connection with services rendered or to be rendered;
8. "Complainant" means a person filing a complaint pursuant to the provisions of Section ~~21~~ 307 of this ~~act~~ title;
9.  "Contributor" means and includes every person or committee who makes a contribution;
10.  "Contribution" means and includes any money, property, or in-kind services, including but not limited to, printing or engraving, radio or television time, billboards, advertising, subscription, forgiveness of indebtedness, personal or professional services or any other thing of value whatsoever which is given or loaned to be used in a campaign.  The term "contribution" shall not include:
a.	money loaned to a candidate in connection with his own campaign by a bank, savings and loan association or credit union which is to be repaid with interest at a rate comparable to that of loans for equivalent amounts for other purposes,
b.	the value of services provided without compensation by individuals volunteering a portion or all of their time on behalf of a candidate, organization, political action committee or political party,
c.	for purposes of the contribution limits set forth in Section ~~2~~ 187.1 of ~~this act~~ Title 21 of the Oklahoma Statutes, the transfer of any funds by a political action committee to another political action committee, provided the committee has been established as provided by law if the transferring committee and the receiving committee have been established, directly or indirectly, and are administered or financially supported, directly or indirectly, by a common organization, or
d.	any payment or obligation incurred by a corporation, labor organization, membership organization, cooperative or corporation without capital stock for the establishment, administration, and solicitation of contributions to a separate segregated fund or political action committee to be utilized for political purposes;
11.  "Commission" means the Ethics Commission;
12.  "Election" means a Primary, Run-off Primary, General, or Special Election in which a candidate is on the ballot;
13.  "Election board" means the appropriate county election board in reference to candidates who file a declaration of candidacy with the county election board;
14.  “Electioneering communication”: 
a.	means any communication or series of communications that is sent by handbill or direct mail; broadcast by radio, television, cable or satellite; or appears in a newspaper, magazine or on a billboard which:
(1)	refers to one candidate or one or more of the same clearly identified candidates or one ballot measure or one or more of the same ballot measures,
(2)	is made within:
(a)	sixty (60) days before a general or special election for the office sought by the candidate or candidates or the ballot measure or ballot measures, or
(b)	thirty (30) days before a primary or runoff primary election for the office sought by the candidate or candidates, and
(3)	is targeted to the relevant electorate, and
b.	does not mean:
(1)	a communication or series of communications appearing in a news story, commentary, or editorial distributed through the facilities of any broadcasting station, newspaper, magazine, or other periodical publication, unless such facilities are owned or controlled by any political party, political action committee, candidate, candidate committee or ballot measure committee,
(2)	a communication or series of communications which constitute an expenditure or an independent expenditure under this act, or
(3)	a communication or series of communications which constitute a candidate debate or forum or which solely promotes such a debate or forum and is made by or on behalf of the person sponsoring the debate or forum.
For purposes of this definition, a communication or series of communications which refer to one or more clearly identified candidates or one or more ballot measures is “targeted to the relevant electorate” if the communication or series of communications has been or can be received by two thousand five hundred (2,500) or more persons in the municipality, district, or county the candidate seeks to represent;
15. "Expenditure" means a payment, distribution, contribution, loan, advance, compensation, reimbursement, fee deposit or gift of money securement, or any other thing of value, or services including but not limited to postage, telephone, telegraph, printing, advertising, travel, lodging, meals or entertainment for which payment is made with private or public funds, and includes a contract, promise or agreement to make an expenditure, whether or not legally enforceable;
~~15.~~ 16.  "Family" means an individual, his or her spouse, if any, and all children under the age of eighteen (18) years residing in the same household;
~~16.~~ 17.  "Governmental entity" means any department, commission, authority, council, board, bureau, committee, legislative body, agency, public trust, or other establishment of a political subdivision of this state;
~~17.~~ 18.  "Income" means any money or thing of value received, or to be received as a claim on future services, whether in the form of a fee, salary, gift, expense, allowance, forbearance, forgiveness, interest, dividend, royalty, rent, capital gain, or any other form of recompense or any combination thereof; provided, the term "income" shall not include campaign contributions;
~~18.~~ 19.  “Independent expenditure” means an expenditure made by a person to advocate the election or defeat of a clearly identified candidate or candidates or a ballot measure or ballot measures, but which is not made to, controlled by, coordinated with, requested by, or made upon consultation with a candidate, committee, treasurer, deputy treasurer or agent of a candidate committee or a ballot measure committee;
20.  "Local office" means all elective offices for which declarations of candidacy are filed with the secretary of any county election board;
~~19.~~ 21.  "Ministerial action" means an action that a person performs in a prescribed manner which involves no discretionary judgment;
~~20.~~ 22.  "Organization" includes a corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, union, education or action group or committee or entity with two or more persons having a joint or common political interest;
~~21.~~ 23.  "Person" means an individual, corporation, association, firm, partnership, labor union or labor organization, committee, club or other organization, or a group of persons who are voluntarily acting in concert;
~~22.~~ 24.  "Political action committee" means a combination of at least two individuals, or a person other than an individual:
a.	with the primary or incidental purpose of supporting or opposing a candidate or political party, except those required to file with the Federal Election Commission or the Ethics Commission, and
b.	which accepts contributions or makes expenditures aggregating at least Two Hundred Dollars ($200.00) during a calendar year;
~~23.~~ 25.  "Political party" means any political party so recognized for the purpose of having candidates appear on the ballot;
~~24.~~ 26.  "Public employee" means any person who is employed by and receives compensation from any governmental entity, but shall not mean independent contractors or public officials;
~~25.~~ 27.  "Public official" means an elected or appointed official in the executive or legislative branch of a political subdivision of the state;
~~26.~~ 28.  "Represent" or "representation" means any formal or informal attendance before, or any written or oral communication with, or the filing of documents with any governmental entity on behalf of a person or organization;
~~27.~~ 29.  "Respondent" means a person named in a complaint filed pursuant to the provisions of Section ~~21~~ 307 of this ~~act~~ title;
~~28.~~ 30.  "Source" means the name, address, and description of the principal business activity of a person or organization; and
~~29.~~ 31.  "Substantial financial interest" means an interest that could result in directly or indirectly receiving a substantial pecuniary gain or sustaining a substantial pecuniary loss as a result of ownership or interest in a business entity, or as a result of salary, gratuity or other compensation or remuneration from any person, partnership, organization or association.
SECTION 2.     AMENDATORY     51 O.S. 2011, Section 314, is amended to read as follows:
Section 314.  A.  Except as provided by subsection F of this section, the campaign contributions and expenditures reports shall disclose:
1.  The carryover from a previous campaign or cumulative period.  For purposes of this act, a cumulative period shall begin on the first day of an even-numbered year and end on the last day of an odd-numbered year;
2.  The grand total of contributions from the last campaign contributions and expenditures report unless beginning a new campaign or cumulative period;
3.  The specific identification of each contributor who gives a contribution which exceeds Two Hundred Dollars ($200.00), including:
a.	the date the contribution is accepted,
b.	the contributor's address, and
c.	a specific description of the contribution;
4.  The aggregate value of all contributions received from each such contributor during the campaign for candidates and candidate committees or during the current calendar year for other committees;
5.  The aggregate total of all contributions in the amount of Two Hundred Dollars ($200.00) or less;
6.  The total sum of all contributions during the current reporting period;
7.  The grand total of all contributions for the campaign or cumulative period to date;
8.  The grand total of expenditures from the last campaign contributions and expenditures report, unless beginning a new campaign or cumulative period;
9.  All campaign expenditures in detail by categories or objects of expenditure;
10.  The total of all expenditures during the current reporting period; and
11.  The grand total of all expenditures for the campaign or cumulative period to date.
B.  Such reports shall be certified by the candidate, the principal officer of the committee, or the designated agent.  No fictitious names shall be used on the reports.  The reports shall show the correct name of the person actually making the contribution.
C.  The form of the campaign contributions and expenditures reports shall be as follows:
CAMPAIGN CONTRIBUTIONS AND EXPENDITURES REPORT
DATE OF REPORT _________________, 20____
Name of Candidate or Committee
____________________________________________________________________
Address of Candidate or Committee
____________________________________________________________________
Office Sought          Report Period     From:           To:
                                         (Beginning      (End of
                                         of period)      Period)
____________________________________________________________________
Listed below are the contributions received and the expenditures made which are required by law to be reported.
Carryover from Previous Campaign or Cumulative Period $_____________
CONTRIBUTIONS
Grand Total of Contributions from Previous Report     $_____________
Date	Name and	Nature of	Amount	Total of
Accepted	Address	Contribution:	contributions	contributors
Cash, Check,	contributed	of more than
or In-Kind	during	$200.00
(Describe)	calendar
year
_______________________________________ $_____________$_____________
_______________________________________ $_____________$_____________
_______________________________________ $_____________$_____________
_______________________________________ $_____________$_____________
_______________________________________ $_____________$_____________
Total of other contributions $200.00
or less this reporting
period (not itemized)            $_________________
Total contributions this
reporting period                 $_________________
Grand Total - All contributions
for campaign or
cumulative period                $_________________
EXPENDITURES
                                                     Amount
Previous Grand Total of Expenditures from Last Report
________________________________________________________$___________
Personal Services
________________________________________________________$___________
Printing
________________________________________________________$___________
Radio and Television
________________________________________________________$___________
Billboards
________________________________________________________$___________
Advertising - general
________________________________________________________$___________
Contributions to Other Campaigns
________________________________________________________$___________
All committees, except for candidate committees, must identify recipients of contributions to other campaigns following verification of acceptance of amounts aggregating in excess of $200.00 by name, address, amount of contribution and total amount of contributions during the campaign or calendar year:
Name and Address	Amount	Total amount
contributed
during campaign
or calendar year
_________________________________ $________________$________________
_________________________________ $________________$________________
_________________________________ $________________$________________
_________________________________ $________________$________________
                            Total
Miscellaneous                     $______________
Total expenditures
  this reporting period           $______________
Grand Total - All expenditures
  for campaign or
  cumulative period               $______________
BALLOT INFORMATION:  candidates or candidate committees, please indicate whether the candidate's name appeared on the ballots for the following elections.
PRIMARY	RUNOFF	GENERAL
PRIMARY
( ) Yes	( ) Yes	( ) Yes
( ) No	( ) No	( ) No
To the best of my knowledge and belief, the above is a true and correct compilation.
____________________________________________________________________Candidate's, Chairperson's, or Designated Agent's Signature
Subscribed and sworn to before me this ____ day of  _______, 20____.
My commission expires _______________
____________________________________________________________________Notary Public
D.  A statement of inactivity must include:
1.  The candidate or candidate committee, political party or organization's name and address; and
2.  A statement by the designated agent verifying that a contribution was not received and an expenditure was not made during the reporting period.
Interest earned shall not be considered to be a contribution, and a filing fee paid by the candidate shall not be considered to be an expenditure.
E.  Dissolution Procedures
1.  A candidate may not file a "final" report or a candidate committee may not dissolve until:
a.	after a Primary Election or a Run-off Primary Election in which the candidate is elected or defeated,
b.	after the General Election in which the candidate's name appears on the ballot,
c.	after the last day for filing a declaration of candidacy for a candidate who is unopposed in the Primary, Run-off Primary and General Election,
d.	after a candidate's name has been stricken from the ballot pursuant to Section 5-127 of Title 26 of the Oklahoma Statutes, or
e.	after withdrawal of the candidate's candidacy pursuant to Sections 5-115 or 5-116 of Title 26 of the Oklahoma Statutes.
2.  A political party committee may dissolve only after the political party itself dissolves.
3.  A political action committee or an organization may dissolve only after it determines that it will not accept contributions or make expenditures.
4.  A final campaign contributions and expenditures report may be filed at the time or before a scheduled filing is due.  The form must:
a.	be marked "final", and
b.	include a list of the material assets worth Fifty Dollars ($50.00) or more, and detail their disposition.
5.  If a committee owes or is owed money, the committee may dissolve, but must report the status of the debts on the same dates as campaign contributions and expenditures reports would be due until all debts are resolved.  Methods of resolution must also be detailed.
6.  Unused contributions and campaign assets must be disposed of by candidates or candidate committees according to Section 316 of this title.
F.  ~~All candidates allowed to receive the maximum contribution of Five Thousand Dollars ($5,000.00), pursuant to paragraph 2 of subsection A of Section 187.1 of Title 21 of the Oklahoma Statutes  shall file a campaign contributions and expenditures report electronically with the Ethics Commission.  The campaign contributions and expenditures report shall include the same information required by Ethics Commission Rule 257:10-1-14(a)~~  A candidate for local office in a municipality or county with a population of over two hundred fifty thousand (250,000) persons, according to the most recent Federal Decennial Census, or a person or committee supporting or opposing any such candidate shall file electronically with the Ethics Commission reports of contributions and expenditures, statements of inactivity, last-minute contributions, independent expenditures or electioneering communications in the same manner and time prescribed in Rules 257:10-1-13, 257:10-1-14, 257:10-1-15 and 257:10-1-16 of the Rules of the Ethics Commission.
SECTION 3.     AMENDATORY     Rule 257:10-1-14 of the Rules of the Ethics Commission (74 O.S. 2011, Chapter 62, App.), is amended to read as follows:
Rule 257:10-1-14.  (a)  Basic reporting form.  The campaign contributions and expenditures report shall include:
(1)  the following administrative information:
(A)	committee name and address;
(B)	candidate's name, if a candidate committee; or title or number of ballot measure if supporting or opposing a ballot measure;
(C)	type(s) of report (pre-election, monthly, quarterly, or annual and whether it is amended or final);
(D)	period covered by the report; and
(E)	the office sought and the year of the general election or special general election for the candidate that is supported or opposed by the committee; or the date of the election for the ballot measure, if known, that is supported or opposed by the committee;
(2)  the information reported pursuant to Paragraph (16) of this subsection on the last campaign contributions and expenditures report.
(A)	For purposes of this paragraph, the beginning of the reporting period for the initial report of a candidate committee shall be the date the first contribution was accepted or expenditure was made or declaration of candidacy was filed, whichever is earlier; the beginning of the reporting period for subsequent reports shall be the day following the last day of the previous reporting period.
(B)	For purposes of this paragraph, the beginning of the reporting period for the initial report of a committee, other than a candidate committee, shall be the date the first contribution was accepted or expenditure was made for a new reporting committee; the beginning of the reporting period for subsequent reports shall be the day following the last day of the previous reporting period;
(3)  the following information about monetary contributions, including loans, accepted from a person other than a committee:
(A)	the total sum of all contributions accepted during the current reporting period less contributions from the lender, guarantor or endorser of a loan reported under Paragraph (4) of this subsection;
(B)	the total of contributions accepted for the campaign-to-date or calendar year-to-date less contributions from the lender, guarantor or endorser of a loan reported under Paragraph (4) of this subsection;
(C)	for other than out-of-state or federal committees, the number of contributors making contributions of fifty dollars ($50) or less accepted and the total amount of contributions in the amount of fifty dollars ($50) or less in the aggregate accepted during the campaign, if a candidate committee, or calendar year, if other than a candidate committee, less contributions from the lender, guarantor or endorser of a loan reported under Paragraph (4) of this subsection;
(D)	for other than out-of-state or federal committees, the name and address, occupation and employer, or principal business activity, of each contributor contributing in excess of fifty dollars ($50) in the aggregate during the reporting period; the date accepted, amount and nature (cash or written instrument) of each contribution by the contributor during the reporting period; and the total contributions of the contributor to the campaign-to-date for candidate committees and year-to-date for other committees;
(E)	for out-of-state and federal committees, the number of contributors making contributions of two hundred dollars ($200.00) or less accepted and the total amount of contributions in the amount of two hundred dollars ($200.00) or less in the aggregate accepted during the campaign, if a candidate committee, or calendar year, if other than a candidate committee, less contributions from the lender, guarantor or endorser of a loan reported under paragraph (4) of this subsection; and
(F)	for out-of-state and federal committees, the name and address, occupation and employer, or principal business activity, of each contributor contributing in excess of two hundred dollars ($200.00) in the aggregate during the reporting period; the date accepted, amount and nature (cash or written instrument) of each contribution by the contributor during the reporting period; and the total contributions of the contributor to the campaign-to-date for candidate committees and year-to-date for other committees;
(4)  the following information about monetary contributions accepted from a committee;
(A)	the total sum of all contributions accepted during the current reporting period;
(B)	the total of contributions accepted for the campaign-to-date or calendar year-to-date;
(C)	the number of committees making contributions of fifty dollars ($50) or less accepted and the total amount of contributions in the amount of fifty dollars ($50) or less in the aggregate accepted during the reporting period; and
(D)	the name, address, Ethics Commission number, and the principal interest or principal business activity of each committee contributing in excess of fifty dollars ($50) in the aggregate during the reporting period; the date accepted, amount of each contribution by the committee during the reporting period; and the total contributions of the committee to the campaign-to-date for candidate committees and year-to-date for other committees;
(5)  the following information about loans, promissory notes, or security agreements the proceeds of which are to be used by or for the benefit of the candidate’s campaign or the committee:
(A)	the total amount of all loans, promissory notes, or security agreements received during the reporting period, and the total amount of loans, promissory notes, or security agreements for the campaign-to-date for candidate committees and year-to-date for other committees;
(B)	the amount of each loan, promissory note, or security agreement during the reporting period, and
(i)	the date and amount of each loan, promissory note, or security agreement,
(ii)	the name and address of the lending institution,
(iii)	the name and address of each lender, guarantor or endorser,
(iv)	the year-to-date or campaign-to-date total, and
(v)	the terms of the loan, promissory note, or security agreement including the interest rate and repayment schedule;
(6)  the following information about other receipts:
(A)	the total of other receipts, including refunds, sale of assets, rebates (other than those that qualify as contributions), interest from an interest bearing account with the campaign depository or depositories, or other receipts, not previously identified during the reporting period received of fifty dollars ($50.00) or less; and
(B)	the date and amount of each refund, rebate, interest, or other receipt not previously identified of more than fifty dollars ($50.00) in the aggregate from one source, the name of each source, and the campaign-to-date total for candidate committees and year-to-date total for other committees;
(7)  the aggregate total of monetary receipts for the reporting period and for the campaign-to-date for candidate committees or year-to-date for other committees;
(8)  the same information for in-kind contributions, including guarantors and endorsers of loans, as for monetary contributions, together with the Ethics Commission number for committees, and shall also include a description of the in-kind contribution;
(9)  the amount of funds loaned or donated by a corporation, labor organization, or other person to its political action committee for the establishment and for solicitation costs of the committee;
(10)  written agreements, written promises or written pledges to make a dated, undated or postdated contribution to be reported separately and in the same manner as other monetary contributions;
(11)  the aggregate total of contributions, loans, and other receipts, both monetary and in-kind, including payment of costs described in Paragraph (9) of this subsection, during the reporting period, and the campaign-to-date aggregate total for candidate committees and year-to-date aggregate total for other committees;
(12)  the following information about expenditures:
(A)	the total of expenditures made during the reporting period and the year-to-date or campaign-to-date total;
(B)	the amount, date, a brief description of the consideration, and an explanation of the purpose — which must permit a reasonable person to determine the reason for the purchase — for which each campaign expenditure was made in excess of ~~one thousand dollars ($1,000.00)~~ fifty dollars ($50.00) in the aggregate to one (1) entity during the reporting period, the name and address of the person to which the expenditure was made, the beneficiary of the expenditure, and the year to date total.  Disbursements to consultants, advertising agencies, and similar firms; credit card expenses; and candidate reimbursements must be itemized to permit a reasonable person to determine the ultimate intended recipient of the expenditure and its purpose;
(C)	the total amount of all campaign expenditures not required to be reported in Subparagraph (B); and
(D)	Committees may file all expenditures in lieu of the additional bookkeeping requirement of grouping together all expenditures aggregating $50 or less to one entity and all expenditures aggregating more than $50 to one entity;
Provided, a committee shall not divide expenditures which would otherwise be made individually for the purpose of evading the reporting requirements of this paragraph;
(13)  the following information about independent expenditures:
(A)	the total of independent expenditures made during the reporting period and the year-to-date or campaign-to-date total;
(B)	the amount, the date and a brief description of what was purchased for each individual independent expenditure in excess of fifty dollars ($50) in the aggregate made during the reporting period, and the purpose of the expenditure; and
(C)	the total of independent expenditures not required to be reported in Subparagraph (B).
(D)	Committees may file all independent expenditures in lieu of the additional bookkeeping requirement of grouping together all independent expenditures aggregating $50 or less to one entity and all independent expenditures aggregating more than $50 to one entity;
Provided, a committee shall not divide independent expenditures which would otherwise be made individually for the purpose of evading the reporting requirements of this paragraph;
(14)  the following information about monetary transfers to other committees, subject to the restrictions in Subsection (e) of ~~Section 2 of this chapter~~ Rule 257:10-1-2 and Subsection (a) of ~~Section 20 of this chapter~~ Rule 257:10-1-20:
(A)	the total amount of monetary transfers to other committees for the reporting period;
(B)	the total amount of all monetary transfers to other committees for the campaign-to-date for candidate committees and the year-to-date for other committees;
(C)	the amount of each monetary transfer during the reporting period, the name and address of each recipient, the date tendered, and the total monetary transfers to the recipient for the campaign-to-date for candidate committees and year-to-date for other committees;
(15)  the total of all monetary expenditures and monetary transfers;
(16)  the following information about in-kind transfers:
(A)	the total amount of in-kind transfers to other committees for the reporting period;
(B)	the total amount of all in-kind transfers to other committees for the campaign-to-date for candidate committees and the year-to-date for other committees;
(C)	the fair market value of each in-kind transfer during the reporting period, the name and address of each recipient, the date tendered, a description of the goods or services transferred, and the total value of in-kind transfers to the recipient for the campaign-to-date for candidate committees and year-to-date for other committees;
(17)  the following information about expenditures incurred:
(A)	the total amount of all expenditures incurred; and
(B)	the amount of each expenditure incurred if the amount is in excess of fifty dollars ($50) in the aggregate to one entity, a brief description of what was purchased, the purpose of the purchase, and the date the goods or services were delivered; and
(C)	the total amount of expenditures incurred not required to be reported in Subparagraph (B).
(D)	Committees may file all expenditures incurred in lieu of the additional bookkeeping requirement of grouping together all expenditures incurred aggregating $50 or less to one entity and all expenditures incurred aggregating more than $50 to one entity.
An expenditure incurred shall be reported on each report filed after the date of receipt of goods or services until payment is made to the vendor.  A payment shall be listed as an expenditure when the payment is made; provided, a committee shall not divide expenditures incurred which would otherwise be made individually for the purpose of evading the reporting requirements of this paragraph;
(18)  the following information about unpaid loans, promissory notes, or security agreements the proceeds of which were used by or for the benefit of the candidate’s campaign or the committee:
(A)	the total balance of loans, promissory notes, and security agreements owed by the committee during the reporting period;
(B)	each loan, promissory note, or security agreement owed by the committee, itemized by name and address of lending institution or any other lender, and the date of the loan, promissory note and/or security agreement;
(19)  the difference between total monetary receipts and total monetary expenditures, as of the end of the reporting period; and
(20)  the signature, or typed signature on electronically filed forms of the treasurer or, in the treasurer's absence, the deputy treasurer, who shall certify that during this campaign-to-date for candidate committees or calendar year-to-date for other committees, the treasurer, or deputy treasurer in the treasurer’s absence, received contributor statements or made three separate good-faith requests to obtain contributor statements as required by this chapter.  The signature, or typed signature on electronically filed forms, shall certify that the report filed is a true and correct record of the committee's contribution and expenditure transactions.
(b)  Statement of inactivity.  A statement of inactivity must include the same information as required by Subsection (a), Paragraphs (1) and (19) of this section; and a statement that a contribution was not accepted and an expenditure was not made during the reporting period.
SECTION 4.  This act shall become effective July 1, 2012.
SECTION 5.  It being immediately necessary for the preservation of the public peace, health and safety, an emergency is hereby
declared to exist, by reason whereof this act shall take effect and be in full force from and after its passage and approval.
Passed the House of Representatives the 13th day of March, 2012.

	
Presiding Officer of the House of
	Representatives

Passed the Senate the ____ day of __________, 2012.

	
Presiding Officer of the Senate

ENGR. H. B. NO. 2974	Page