Why Are State Lobbyists Required To Register And Submit Reports About Their Membership And Finances?
There are two overlapping covered periods for filing Form 3L:
- A six-month semi-annual covered catamenia; and
- A period that coincides with a committee's regular FEC reporting periods, depending on whether the committee is a quarterly or monthly filer (except that Class 3L filed in July and January will encompass the preceding six months).
As noted above, a committee must file Course 3L for a covered menstruum if, within that covered flow, it receives two or more bundled contributions forwarded by, or credited to, a lobbyist/registrant or lobbyist/registrant PAC, and the contributions during that flow amass in excess of the threshold.
Semi-annual covered menstruum
All reporting committees with arranged contributions to disclose must file a written report covering the semi-annual periods of January one through June 30 and July ane through December 31. Totals for the get-go half dozen months of the year volition appear on quarterly filers' July 15 report and on monthly filers' July twenty study. All reporting committees must disclose totals for the 2d half of the year on their Jan 31 Twelvemonth-End report. (In a non-election year, committees that file only semi-annually should file Grade 3L on July 31 and Jan 31 of the next twelvemonth.) A semi-annual report is required only if the committee exceeded the reporting threshold for arranged contributions during that specific semi-annual menstruation. However, if the threshold has non been exceeded during that particular semi-almanac period, a semi-annual report is non required.
Quarterly/monthly covered period
The covered menstruation for reporting committees that file reports on a quarterly schedule in an ballot year includes the semi-almanac periods above and as well the calendar quarters offset on January ane, April 1, July one, and October 1, as well as the pre-and postal service-election reporting periods (including runoff or special elections), if applicable. Authorized committees of Firm and Senate candidates accept the same quarterly covered menses for a non-election year as in an election year. Nonetheless, leadership PACs or political party committees that file quarterly in an election yr file campaign finance reports semi-annually in a non-election year. Therefore, in a non-ballot year, these reporting committees must file Form 3L merely for the semi-almanac covered periods and any pre- and post-special election reporting periods, if applicable.
Case of indicating covered period on Form 3L:
For reporting committees that file normal disclosure reports on a monthly basis, the covered periods include the semi-almanac periods above and each calendar month in the calendar twelvemonth, except that in election years they file for the pre- and post-general election reporting periods in lieu of the November and December reports. Alternatively, monthly filers may choose to file lobbyist bundling reports on a quarterly ground, provided that they notify the Committee in writing of its intention to do and then. The reporting committee may change its filing frequency no more than once per calendar year.
Source: https://www.fec.gov/help-candidates-and-committees/lobbyist-bundling-disclosure/
Posted by: georgedoons1973.blogspot.com
0 Response to "Why Are State Lobbyists Required To Register And Submit Reports About Their Membership And Finances?"
Post a Comment