2006 Code of Virginia § 24.2-952.3 - Information to be included on campaign finance reports for inaugural committees.

24.2-952.3. Information to be included on campaign finance reports forinaugural committees.

A. The reports required by this article shall be filed on a form prescribedby the State Board and shall include all financial activity of the inauguralcommittee. All completed forms shall be submitted in typed, printed, orlegibly hand printed format or electronically as provided in 24.2-946.1.Persons submitting the forms shall do so subject to felony penalties formaking false statements pursuant to 24.2-1016.

B. The report of receipts shall include:

1. The total number of contributors, each of whom has contributed anaggregate of $100 or less, including cash and in-kind contributions, as ofthe date of the report, and the total amount of contributions from all suchcontributors;

2. For each contributor who has contributed an aggregate of more than $100,including cash and in-kind contributions, as of the ending date of thereport, the campaign committee shall itemize each contributor on the reportand list the following information:

a. the name of the contributor, listed alphabetically,

b. the mailing address of the contributor,

c. the amount of the contribution,

d. the aggregate amount of contributions from the contributor to date,

e. the date of the last contribution,

f. the occupation of the contributor,

g. the name of his employer or principal business, and

h. the locality where employed or where his business is located.

For each such contributor, other than an individual, the principal type ofbusiness and place of business of the contributor shall be substituted forsubdivisions f and g, respectively. For each such contributor other than anindividual, it shall be sufficient to list the address of the contributor onetime on the report of receipts.

C. The report of disbursements shall include all expenditures and give:

1. The name and address of the person paid;

2. A brief description of the purpose of the expenditure;

3. The name of the person contracting for or arranging the expenditure;

4. The amount of the expenditure; and

5. The date of the expenditure.

The report of disbursements shall itemize any expenditure made by credit cardpayment.

D. Each report for an inaugural committee shall list separately thosereceipts and expenditures reported to the treasurer or other officer of thecommittee by any person, candidate campaign committee, political committee,pursuant to subsection B of 24.2-952.2, and in the case of in-kindcontributions, shall set forth in each instance the source of the informationreported.

E. The report shall list separately all loans, and for each loan, shall give:

1. The date the loan was made;

2. The name and address of the person making the loan and any person who is aco-borrower, guarantor, or endorser of the loan;

3. The amount of the loan;

4. The date and amount of any repayment of the loan; and

5. For any loan or part of a loan that is forgiven by the lender, the amountforgiven listed as both a contribution and loan repayment.

F. The State Board shall provide for a "no activity" report that may befiled for any reporting period in which the filer has no activity to report.

G. It is the responsibility of the treasurer that the report for theinaugural committee be filed and that the report be in full and accuratedetail.

(1970, c. 462, 24.1-258; 1971, Ex. Sess., c. 247; 1972, c. 620; 1975, c.515; 1976, c. 616; 1978, c. 381; 1983, c. 119; 1990, c. 156; 1991, cc. 474,709, 24.1-254.3; 1993, cc. 341, 641, 24.2-913, 24.2-914; 1997, cc. 364,392; 1999, c. 864; 2000, c. 304; 2001, cc. 618, 810; 2002, c. 468; 2003, c.248; 2006, cc. 787, 892.)