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33.13.15.00.htm 33.13.15.00. Title 33 STATE BOARD OF ELECTIONS Subtitle 13 CAMPAIGN FINANCING Chapter 15 Political Action Committees Authority: Election Law Article, §2-102(b)4) 13-220.2, and 13-309.1, Annotated Code of Maryland
33.13.15.01.htm 33.13.15.01. 01 Scope.. This chapter applies to political action committees registered with the State Board under Election Law Article, §13-207 and 13-208, Annotated Code of Maryland.
33.13.15.02.htm 33.13.15.02. 02 Registration.. At the time of filing a Statement of Organization at the State Board, a political action committee shall:A. Select a name of the political action committee that identifies its purpose and does not deceive or intentionally confuse the voter;B. Appoint responsible officers;. C. File a statement of purpose identifying:. 1) The special interests promoted by or associated with the political action committee or its responsible officers, or the business or occupation that
33.13.15.03.htm 33.13.15.03. 03 Contribution Limits.. A. In General. Except as provided in §B of this regulation, a person may make a contribution to a political action committee subject to the contribution limits set forth in Election Law Article, §13-226, Annotated Code of Maryland.B. Exception. A person may make an unlimited contribution to a political action committee that is registered to make exclusively independent expenditures, disbursements for electioneering communications, or both.
33.13.15.04.htm 33.13.15.04. 04 Disclosure.. A. Reports. A political action committee shall file campaign finance reports required under Election Law Article, §13-309, Annotated Code of Maryland.B. Disclosure Reports. In addition to the reports required under §A of this regulation, a political action committee registered to make exclusively independent expenditures or disbursements for electioneering communications, or both, shall file disclosure reports required under Election Law Article,
33.13.15.05.htm 33.13.15.05. 05 Filing Disclosure Reports.. A. In General. Except as provided in §B of this regulation, for any political action committee subject to the requirements of Election Law Article, §13-309.1, Annotated Code of Maryland, a disclosure report shall be filed within 48 hours after the day on which the committee’s spending on campaign material equals $10,000 or more in the aggregate in expenditures or disbursements, outstanding obligations, orders, agreements, or any combination thereof.
33.13.15.06.htm 33.13.15.06. 06 Required Contents for a Disclosure Report.. A. Expenditures Made. For expenditures made, the disclosure report filed by a political action committee registered to make exclusively independent expenditures or electioneering communications shall include:1) The date the expenditure was made;. 2) The transaction method, including any information on the transaction the State Administrator may require;3) The name and address of the payee;. 4) If the expenditure was
33.13.15.07.htm 33.13.15.07. 07 Filing Method.. A. Filing Method. A disclosure report shall be filed electronically by means of the browser-based software provided by the State Administrator.B. Additional Filing Requirements.. 1) Disclosure reports shall include an attestation by the responsible officers, under penalties of perjury and in a format approved by the State Administrator, that the contents of the electronic filing are a complete and accurate statement of the expenditures made by the po
33.13.15.08.htm 33.13.15.08. 08 Establishment of the Compliance Account.. Prior to the receipt or disbursement of compliance funds, a political action committee shall establish a compliance account by:A. Opening a checking account at a financial institution that does business in the State, which checking account shall be:1) Designated as the compliance account; and. 2) Segregated from the campaign accounts of the political action committee as required under Election Law Article, §13-220, A
33.13.15.09.htm 33.13.15.09. 09 Management of the Compliance Account.. A. Account Books. The political action committee shall:. 1) Maintain account books and records for the compliance account in accordance with the requirements of Election Law Article, §13-221, Annotated Code of Maryland;2) Segregate the account books and records for the compliance account from the account books and records required for campaign accounts;3) Allow the responsible officers access to the account books and records o
33.13.15.10.htm 33.13.15.10. 10 Required Reporting and Contents of Compliance Accounts.. A. Disclosure. The political action committee shall report all donations received, disbursements made, and any liabilities or outstanding obligations incurred regarding the compliance accounts on the regularly scheduled campaign finance report or disclosure report for that political action committee.B. Donations Received. For donations deposited into a compliance account, the campaign finance or disclosure report shall inc
33.13.15.11.htm 33.13.15.11. 11 Permissible Uses.. A. Use of the Funds. Compliance funds shall be used exclusively for compliance and other non-campaign related activities set forth in §B of this regulation.B. Permissible Activities. Compliance funds may be used only for the following activities:. 1) To pay for the cost of setting up or modifying the payroll program to permit the business entity to offer its employees the option of making voluntary contributions by payroll deduction;
33.13.15.12.htm 33.13.15.12. 12 Prohibition.. A. No Commingling of Funds. A political action committee may not commingle the funds of a campaign account and a compliance account.B. Prohibited Activities. The political action committee may not expend compliance funds:. 1) On election-related or campaign-related activities or any activities not expressly permitted in Regulation .11B of this chapter; or2) For the purpose of soliciting contributions for the political action committee..
33.13.15.13.htm 33.13.15.13. 13 Mergers and Acquisitions.. A. Acquisition. If a political action committee acquires, merges with, or takes control of another political action committee and is the surviving entity in the transaction, the prior transfers made by the non-surviving entity will not be retroactively attributed to the surviving entity.B. Newly Formed Entity. If a political action committee merges with another political action committee to form a new political action committee, the p
33.13.15.9999.htm 33.13.15.9999. Administrative History Effective date: November 24, 2014 (41:23 Md. R. 1376). Regulation .06 amended effective February 29, 2016 (43:4 Md. R. 336). Regulation .08 adopted effective February 12, 2018 (45:3 Md. R. 159). Regulation .09 adopted effective February 12, 2018 (45:3 Md. R. 159). Regulation .10 adopted effective February 12, 2018 (45:3 Md. R. 159). Regulation .11 adopted effective February 12, 2018 (45:3 Md. R. 159).
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