Forwarding and Depositing Contributions - Deadlines for Treasurers

Forwarding and Depositing Contributions - Deadlines for Treasurers Tue, 27 May 2008 13:11:08 -0500 Did you know that treasurers have to pay attention to two different deadlines when a committee receives a contribution? First, when any person receives a contribution of any amount for a campaign (or a contribution in excess of $50 for a PAC or party committee), that person has 10 days to forward the contribution to the treasurer. (The deadline for forwarding contributions of $50 or less to a PAC or party committee is 30 days). See 11 CFR 102.8. Second, the treasurer must deposit the contribution within 10 days after he or she receives it from the person who initially collected it. 11 CFR 103.3(a). By the way, the date of receipt for reporting purposes is the date that person initially received the contribution (so the date and other records must be forwarded along with the contribution). For more information, see the chapters on fundraising and recordkeeping in your Campaign Guide and the regulations linked above. Update your subscriptions, modify your password or e-mail address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your e-mail address to log in. If you have questions or problems with the subscription service, please contact support@govdelivery.com. This service is provided to you at no charge by Federal Election Commission. Visit us on the web at http://www.fec.gov/. Federal Election Commission · 999 E Street, NW · Washington DC 20463 · (800) 424-9530