Commission to Develop Registration and Disclosure

Requirements and Form. The Commission shall develop the registration requirements and rules and regulations governing the information requisite for discovery of financial and shareholder or member disclosure requirements contained herein that stipulate the essential financial information of any person and all shareholders and/or members of any organization, partnership, corporation, committee, or business which expects to receive funds or make expenditures in an effort to directly support or put forward any initiative. The Commission shall adopt these rules within one hundred twenty

(120)days of the enactment of this Act. The Commission may revisit and amend these rules as deemed necessary by the Commission every three

(3)years thereafter.