2.10.030 Timely disclosure of large contributions and expenditures.
A. Each communication to voters related to a city of McMinnville candidate election shall prominently disclose the true original sources of the contributions and/or independent expenditures used to fund the communication, including:
1. The names of any political committees and other entities that have paid to provide or present it.
2. For each of the five dominant contributors providing the largest amounts of funding to each such political committee or entity in the current election cycle:
a. The name of the individual or entity providing the contribution.
b. The types of businesses from which the maker of the contribution has obtained a majority of income over the previous five years, with each business identified by the name associated with its six-digit code of the North American Industry Classification System (NAICS).
3. For each of the largest five dominant independent spenders paying to provide or present it:
a. The name of the individual or entity providing the independent expenditure.
b. The types of businesses from which the maker of the independent expenditure has obtained a majority of income over the previous five years, with each business identified by the name associated with its six-digit code of the NAICS.
B. If any of the five largest dominant contributors or dominant independent spenders is a political committee (other than a small donor committee) or nonprofit organization, the prominent disclosure shall include its top three funders during the current election cycle.
C. The disclosure shall be current to within 10 business days of the printing of printed material or within five business days of the transmitting of a video or audio communication. (Ord. 5096 §1 (Exh. A (part)), 2020; Ord. 5092 §1 (Exh. A (part)), 2020).