§ 42-139-6 Financial reports. (a) Every person, corporation, or association that engages any person to act as a lobbyist concerning executive or public corporation matters, and the lobbyist, shall individually file with the secretary of state a complete and detailed report of all compensation paid to the lobbyist for lobbying, and all campaign contributions in excess of one hundred dollars ($100) or more to state and municipal elected officials and state political action committees. The report shall include the total amount expended for lobbying purposes, and an itemization of any expenditure, gift, or honorarium of twenty-five dollars ($25.00) or more for each occurrence paid or incurred by the person, corporation, or association or lobbyist for the specific purpose of promoting or opposing in any manner action by members of the executive branch or of public corporations. These reports shall include the names of the persons receiving or in whose behalf the expenditures have been made, and the reason, time, and place of the expenditures.
(b) The initial report shall be filed by the person, corporation, or association having engaged any person to act as a lobbyist and by the lobbyist at the time of their initial registration, and updated reports shall be filed with the secretary of state semi-annually. The updated reports shall be filed no later than thirty (30) days after the end of each reporting period or if earlier, after the termination of the lobbyist's engagement, and shall include expenditures for the period from January 1 through June 30, and July through December 31, respectively or, if earlier, through the date of termination of the lobbyist's engagement.
(c) All reports shall be on a form prescribed by the secretary of state, and the reports shall be open for public inspection.
(d) In the event no compensation has been paid or received,
and no expenses have been paid or incurred, an annual statement to that effect
may be filed with the secretary of state in lieu of the report form.
(P.L. 2004, ch. 297, § 1; P.L. 2004, ch. 375, § 1; P.L. 2006, ch. 216, § 60; P.L. 2006, ch. 428, § 7; P.L. 2006, ch. 429, § 7; P.L. 2008, ch. 264, § 2; P.L. 2008, ch. 451, § 2.)