Destination 270

SMU Students Analyze the 2012 Presidential Election

Regulation on Missouri’s secret money

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Remember when I mentioned Todd Akin’s mysterious source of funding a few posts back?  Well, no one has yet to discover the source of money, but Missouri has attempted to create a remedy for the huge and sudden ad dollars.

Missouri’s campaign finance laws have been reformed to avoid hidden campaign contributions.  A common loophole that campaigns have found is that they can create sham non-profits to donate to super PACs and use that money for ads and other campaign materials.  As we saw in Akin’s campaign, no one would disclose where this huge donation of money in the final days of the campaign came from.

“Failing to report donors and concealing donors are both class A misdemeanors subject to one year in jail and a mandatory civil fine against everyone involved with the scam.”

However, these  campaigns got away with it because the Missouri Ethics Commission has a “hands-off approach” and those “non-profits” were acting under legal advice.  The argument is that Missouri should regulate and track donors so that no anonymous donors can be funding campaigns and attack ads.

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