§ 2-2-33. DISCLOSURE STATEMENT REQUIRED.

(A)

Except as provided by subsections (C) and (D), in addition to any other disclosure statement required by law, a person making the expenditure for a political advertisement, electioneering communication, or express advocacy, paid for in whole or in part by a direct campaign expenditure, using funds other than funds in a segregated bank account must conspicuously disclose on the communication the names of the five largest contributors who have each made contributions in an aggregate amount of $500 or more to the person making the direct campaign expenditure during the current election reporting cycle.

(B)

Except as provided by subsections (C) and (D), in addition to any other disclosure statement required by law, a person making the expenditure for a political advertisement, electioneering communication, or express advocacy, paid for in whole or in part by a direct campaign expenditure, using exclusively funds in a segregated bank account must conspicuously disclose on the communication the names of the five largest contributors to the account who have each made contributions in an aggregate amount of $500 or more to the person making the direct campaign expenditure during the current election reporting cycle.

(C)

A contributor's name is not subject to disclosure under this section if:

(1)

the contributor specified that the contribution was not to be used for political contributions or direct campaign expenditures at the time that the contributor made the contribution to the person making the expenditure, and the person making the expenditure did not use the contribution for political contributions or direct campaign expenditures;

(2)

the person making the expenditure received the contribution in a commercial transaction in the ordinary course of any trade or business conducted by the person; or

(3)

the person making the expenditure received the contribution from investments made by the person.

(D)

The disclosure requirements of this section do not apply to:

(1)

bumper stickers, pins, buttons, pens, apparel, and similar small items upon which the names cannot be conveniently printed; or

(2)

circulars or flyers that cost in the aggregate less than $500 to publish and distribute.

(E)

The disclosure required by this section shall be clear and conspicuous:

(1)

on printed material, the disclosure shall be printed in sufficient type and size to be clearly readable, in two highly contrasting colors such as dark text on a light background, but in no case smaller than eight point font; and

(2)

on other forms of communication, including internet advertisement, television, and radio, the disclosure shall provide the reader, viewer, or listener with actual notice of the disclosure.

(F)

A disclosure is not clear and conspicuous if it is difficult to read, view, or hear, or if the placement is easily overlooked.

Source: Ord. 20120802-069; Ord. No. 20160407-006, Pt. 15, 4-18-16 ; Ord. No. 20160623-020, Pt. 5, 7-3-2016 .