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6.1719 Final and supplemental reports.

Cite as [A.S.C.A. § 6.1719 ]

(a) Each candidate whether or not successful in a general, special, or runoff election, authorized person in the case of a party, or campaign treasurer in the case of a committee directly associated with a candidate, shall file a final report not later than 4:30 p.m. on the 20th day after the general, special, or runoff election is certified. The report shall include:

(1) a statement of the total contributions received;

(2) the amount and date of deposit of the contribution and the name and address of each donor who contributes an aggregate of $100 or more;

(3) a statement of all expenditures made or incurred by or for a candidate including the name of each payee and the amount, date, and purpose of each expenditure; and

(4) a statement of the balance on hand or deficit.

(b) Deficit. In the event of a deficit, the candidate, authorized person in the case of a party, or campaign treasurer in the case of a committee shall, every 3 months until the deficit is eliminated, file supplemental reports reporting all items prescribed in subsection (a). The first report is due not later than 4:30 p.m. on the 5th day after the last day of the election year.

(c) Surplus. In the event of a surplus the candidate, authorized person in the case of a party, or campaign treasurer in the case of a committee shall:

(1) maintain the cash surplus in a financial depository; and

(2) Every 6 months, until he becomes a candidate again, file supplemental reports reporting all items prescribed in subsection (a).

The first report shall be due not later than 4:30 p.m. on the 5th day after the last day of the election year.

(d) A candidate, party, or committee who receives no contributions or makes no expenditures shall nevertheless file preliminary, final, and supplemental reports as required by law.

History: 1977, PL 15-32 § 1.