Act, Section 3-M Financial Disclosure.

The Trust shall establish financial reporting requirements applicable to initiative sponsors, proponents and opponents. The Trust shall make all financial reports available to the public immediately upon its receipt thereof. Failure of sponsors, proponents or opponents to comply with these reporting requirements shall be a felony punishable by not more than one year in prison or a fine not to exceed One Hundred Thousand Dollars, or both, per instance, applied to each person found guilty of the violation.

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