Req. No. 1396 Page 1 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 STATE OF OKLAHOMA 1st Session of the 60th Legislature (2025) SENATE BILL 1051 By: Deevers AS INTRODUCED An Act relating to campaign expenditures; creating the Campaign Expenditure Transparency Act; providing short title; stating legislativ e intent; defining terms; requiring certain submission in stated timeframe; prohibiting certain expenditures; requiring disclosure of certain information; authorizing subpoena of records in certain situations; providing for penalties; requiring certain reimbursement; barring certain violators from future expenditures; directing certa in database be accessible; allowing promulgation of rules; providing for noncodification; providing for codification; providing an effective date; and declaring an emergency. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section of law not to be codified in the Oklahoma Statutes reads as follows: This act shall be known and may be cited as the “Campaign Expenditure Transparency Act ”. SECTION 2. NEW LAW A new section of law not to be codified in the Oklahoma Statutes reads as follows: The purpose of this act is to enhance transparency and accountability in campaign financing, ensure the int egrity of Req. No. 1396 Page 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 elections, and prevent anonymous entities from undermining the democratic process. SECTION 3. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 4263 of Title 74, unless there is created a duplication in numbering, reads as follows: For the purposes of this act, unless ot herwise specified: 1. “Campaign expenditure ” means any expenditure made to influence the outcome of an election or referendum in th is state; 2. “Ethics Commission” means the Ethics Commission; and 3. “Organization” means any corporation, limited liability company, partnership, association, or other legal entity. SECTION 4. NEW LAW A new section of law to be codified in the Oklahoma Statutes as Section 4 264 of Title 74, unless there is created a duplication in numbering, reads as f ollows: A. Any organization that pays for campaign expenditures including, but not limited to, mailers, advertisements, or election communications, shall submit to the Ethics C ommission, within five (5) business days of incurring the campaign expenditure, the following information: 1. The name, mailing address, and contact information of its president or chief executive officer ; and 2. The name, mailing address, and contact in formation of its treasurer or chief financial officer . Req. No. 1396 Page 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 B. It shall be unlawful for any individual or organization to engage in campaign expenditures through the use of a fictitious or unregistered name, or through the establishment of a limited liability company (LLC), corporation, or entity with the primary purpose of concealing its identity. Entities engaging in campaign expenditures through rented post office boxes shall disclose the name and contact information of the renter and all beneficial owners of the entity. C. For the purposes of enforcement of this section, t he Attorney General is hereby authorized to subpoena records related to any rented post office box, including the name and address of the individual or entity renting the post office box and payment records associated with the post office box. Upon request of the Ethics Commission or upon evidence of campaign violations, the Attorney General may obtain records from banks, LLC registrations, and service providers to identify anonymous camp aign expenditure entities. D. Any organization or individual found to have vio lated the provisions of this act , upon conviction, shall be subject to a civil penalty not to exceed Twenty -five Thousand Dollars ($25,000.00) and a criminal fine of up to Ten T housand Dollars ($10,000.00) for willful violations. Any organization or individual engaging in campaign expenditures under a false name or entity shall be required to reimburse the State of Oklahoma for any investigative costs Req. No. 1396 Page 4 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 incurred. Repeat violators shall be barred from making campaign expenditures in this state for a period of five (5) years. E. The Ethics Commission shall maintain a publicly accessible database of all disclosures submitted under the provisions of this act. The Ethics Commission shall promulgate rules necessary to implement the provisions of this act. SECTION 5. This act shall become effective July 1, 2025. SECTION 6. It being immediately necessary for the preservation of the public peace, health o r 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. 60-1-1396 TEK 1/16/2025 2:49:46 PM