Form LM-2

Form LM-2 is filed with the Office of Labor-Management Standards (OLMS) by unions in the United States that details how a union spent funds in the past year.^[1] It is the most detailed report labor organizations are required to file.^[2]

History

Form LM-2, along with several other forms, was developed by the OLMS to fulfill the Labor Management Reporting and Disclosure Act of 1959 reporting requirements.^[2] In 2002, the OLMS rewrote parts of LM-2 in an effort to increase transparency.^[3] Since 2005, all organizations have been required to file the form electronically.^[4]