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Previously: Campaign Finance: big bucks for a payday loan PAC (August 20, 2011)

Today, at the Missouri Ethics Commission:

CONTRIBUTION OF MORE THAN $5,000.00 RECEIVED BY ANY COMMITTEE FROM ANY SINGLE DONOR – TO BE FILED WITHIN 48 HOURS OF RECEIVING THE CONTRIBUTION

C111153 MISSOURIANS FOR EQUAL CREDIT OPPORTUNITY [pdf] 8/24/2011

Missourians for Equal Credit Opportunity

4131 N Mulberry Drive Suite 200

Kansas City, MO 64116

8/22/2011

$107,279.50

Deja vu all over again.

Wait a minute. Haven’t we seen that name before? Uh, yep, there is another:

Date Established: 7/18/2011

Date Terminated: 8/24/2011 11:17:05 AM

POLITICAL ACTION

COMMITTEE: MECID:C111137

MISSOURIANS FOR EQUAL CREDIT OPPORTUNITY

4131 N MULBERRY DR STE 200

KANSAS CITY MO 64116

[emphasis added]

Five weeks? We hardly knew yah.

Let’s look at the termination report filed on August 24, 2011:

REPORT SUMMARY

MISSOURIANS FOR EQUAL CREDIT OPPORTUNITY [C111137] [pdf]

8/24/2011

1. Total Receipts For This Election Previously Reported $0.00

2. All Monetary Contributions Received This Period $200,060.00

10. Expenditures made by cash or check this period $92,780.50

19. Total All Contributions Made This

Election $107,279.50

27. Money On Hand at the close of this

reporting period $0.00

[emphasis added]

Ah, the circle of life.

CONTRIBUTIONS AND LOANS RECEIVED

MISSOURIANS FOR EQUAL CREDIT OPPORTUNITY 8/24/2011

Missourians for Responsible Government

P O Box 45571

Kansas City MO 64171

8/19/2011

$200,000.00

13. TOTAL MONETARY CONTRIBUTIONS RECEIVED FROM PERSONS GIVING $100 OR LESS $60.00

[emphasis added]

That’s a jarring juxtaposition. Why bother contributing the sixty bucks?

DIRECT EXPENDITURE REPORT

MISSOURIANS FOR EQUAL CREDIT OPPORTUNITY 8/24/2011

Initiative Relating to Pay Day Lending

State-wide

11/6/2012

$92,780.50

Curiouser and curiouser.

ADDENDUM STATEMENT

M.E.C. ID NO. C111137 [pdf]

General Addendum:

Invoice #808390-0010 from Stinson Morrison Hecker, LLC for Fiscal Note Expert (Joseph Haslag)

General Addendum:

Axiom Strategies, LLC Invoice #1556: Strategic Campaign Oversight $15,000; Strategic Communications $16,000; Regional Operations Management $25,000; Travel Expenses $838.80; Grassroots Outreach $2,500; Issue Research $17,500; Issue Research Expenses

General Addendum:

Axiom Strategies Invoice #1556 (cont.)(copies and travel) $208.05; Website Design/Build Deposit $9,500

General Addendum:

TERMINATION EXPLANATION: The committee was formed as a political action committee, but sought to amend its Statement of Committee Organization to become a campaign committee after the Missouri Secretary of State certified an initiative petition regarding

Amount: 0.00

General Addendum:

TERMINATION EXPLANATION (cont.): pay day lending for the collection of signatures. The MEC requested that instead of amending the committee’s Statement of Committee Organization that the committee instead terminate and form as a new campaign committee.

Amount: 0.00

“…The MEC requested that instead of amending the committee’s Statement of Committee Organization that the committee instead terminate and form as a new campaign committee…”

Aha. Missed it by that much.

This does give us a good look at the expenditures a little earlier than usual, though.

EXPENDITURES AND CONTRIBUTIONS MADE

MISSOURIANS FOR EQUAL CREDIT OPPORTUNITY [C111137] [pdf] 8/24/2011

Wire Transfer Fee $11.00

Stinson Morrison Hecker LLP

230 W McCarty St

Jefferson City MO 65101

8/22/2011

Reimb. for Fiscal Note Expert (Haslag)

$5,250.00

Axiom Strategies LLC

1251 NW Briarcliff Pkwy

Suite 85

Kansas City MO 64116

8/22/2011

Invoice #1556

$86,546.85

Law Office of James C. Thomas III

4131 N Mulberry Drive

Suite 200

Kansas City MO 64116

8/22/2011

Legal Fees

$972.65

Contributions Made (Regardless of Amount)

Missourians for Equal Credit Opportunity

4131 N Mulberry Drive

Suite 200

Kansas City MO 64116

8/22/2011

$107,279.50

[emphasis added]

$86,546.85? Must be nice work if you can get it.

They kept the name, the web site, and all of the leftover money.