2006 Utah Code - 20A-11-506 — Political party financial reporting requirements -- Year-end summary report.

     20A-11-506.   Political party financial reporting requirements -- Year-end summary report.
     (1) Each party committee shall file a summary report by January 5 of the year after the regular general election year.
     (2) (a) Each summary report shall include the following information as of December 31 of the regular general election year:
     (i) the net balance of the last summary report, if any;
     (ii) a single figure equal to the total amount of receipts reported on all interim reports, if any, during the election year;
     (iii) a single figure equal to the total amount of expenditures reported on all interim reports, if any, filed during the election year;
     (iv) a detailed listing of each contribution and public service assistance received since the last summary report that has not been reported in detail on an interim report;
     (v) for each nonmonetary contribution, the fair market value of the contribution;
     (vi) a detailed listing of each expenditure made since the last summary report that has not been reported in detail on an interim report;
     (vii) for each nonmonetary expenditure, the fair market value of the expenditure; and
     (viii) a net balance for the year consisting of the net balance from the last summary report, if any, plus all receipts minus all expenditures.
     (b) (i) For all individual contributions or public service assistance of $50 or less, a single aggregate figure may be reported without separate detailed listings.
     (ii) Two or more contributions from the same source that have an aggregate total of more than $50 may not be reported in the aggregate, but shall be reported separately.
     (c) In preparing the report, all receipts and expenditures shall be reported as of December 31 of the last regular general election year.
     (3) The summary report shall contain a paragraph signed by the treasurer of the party committee certifying that, to the best of the treasurer's knowledge, all receipts and all expenditures have been reported as of December 31 of the last regular general election year and that there are no bills or obligations outstanding and unpaid except as set forth in that report.

Amended by Chapter 355, 1997 General Session