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Election Code | |
Campaign and Financial Reporting Requirements | |
Section 802 | Political issues committees -- Financial reporting. |
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20A-11-802. Political issues committees -- Financial reporting. (1) (a) Each registered political issues committee that has received political issues contributions totaling at least $750, or disbursed political issues expenditures totaling at least $50, during a calendar year, shall file a verified financial statement with the lieutenant governor's office: (i) on January 10, reporting contributions and expenditures as of December 31 of the previous year; (ii) seven days before the date of an incorporation election, if the political issues committee has received donations or made disbursements to affect an incorporation; (iii) at least three days before the first public hearing held as required by Section 20A-7-204.1; (iv) if the political issues committee has received or expended funds in relation to an initiative or referendum, at the time the initiative or referendum sponsors submit: (A) the verified and certified initiative packets as required by Section 20A-7-206; or (B) the signed and verified referendum packets as required by Section 20A-7-306; (v) on August 31; and (vi) seven days before the regular general election. (b) The political issues committee shall report: (i) a detailed listing of all contributions received and expenditures made since the last statement; and (ii) all contributions and expenditures as of five days before the required filing date of the financial statement, except for a financial statement filed on January 10. (c) The political issues committee need not file a statement under this section if it received no contributions and made no expenditures during the reporting period. (2) (a) That statement shall include: (i) the name and address of any individual that makes a political issues contribution to the reporting political issues committee, and the amount of the political issues contribution; (ii) the identification of any publicly identified class of individuals that makes a political issues contribution to the reporting political issues committee, and the amount of the political issues contribution; (iii) the name and address of any political issues committee, group, or entity that makes a political issues contribution to the reporting political issues committee, and the amount of the political issues contribution; (iv) the name and address of each reporting entity that makes a political issues contribution to the reporting political issues committee, and the amount of the political issues contribution; (v) for each nonmonetary contribution, the fair market value of the contribution; (vi) except as provided in Subsection (2)(c), the name and address of each individual, entity, or group of individuals or entities that received a political issues expenditure of more than $50 from the reporting political issues committee, and the amount of each political issues expenditure; (vii) for each nonmonetary expenditure, the fair market value of the expenditure; (viii) the total amount of political issues contributions received and political issues expenditures disbursed by the reporting political issues committee; (ix) a statement by the political issues committee's treasurer or chief financial officer
certifying that, to the best of the person's knowledge, the financial statement is accurate; and
Amended by Chapter 396, 2011 General Session |
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