- Associated Press - Tuesday, April 19, 2016

JEFFERSON CITY, Mo. (AP) - A bill nearing a final vote in the Missouri Legislature would restrict how political campaign committees invest their funds and limit what happens to the money after an official becomes a lobbyist.

The House voted 141-2 Tuesday to only allow campaigns to invest in short-term treasury or bank certificates. It would also require candidates registering as lobbyists to dissolve their campaign committees and return the money to their donors or give it to a nonprofit or political party.

The legislation needs another vote in the Senate before going to Gov. Jay Nixon, who has already signed a measure banning lawmakers from hiring each other as paid consultants.

Lawmakers have said ethics bills are a priority after two lawmakers resigned last year following accusations of inappropriate behavior toward interns.


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide