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Labor organizations covered by the Labor-Management Reporting and Disclosure Act (LMRDA), and similar statutes, must file annual financial disclosure reports with the Department’s Office of Labor-Management Standards (OLMS). Currently, the largest labor organizations, those with $250,000 or more in total annual receipts, file the Form LM-2, which requires filers to submit the report electronically. This proposed rule would require smaller labor organizations having fewer receipts, which file either Form LM-3 and LM-4 Labor Organization Annual Reports, to also submit their reports electronically. Filers would use the OLMS Electronic Forms System (EFS), which is a web-based system that is free of charge. As with the Form LM-2 filers, Form LM-3 and LM-4 filers would be able to apply to OLMS for a hardship exemption.