Contact us at
phone #:
213-489-4792
email:
dlgould@davidgouldcompany.com

 

PACs 

Federal :

Beginning with the federal reports due on July 15, 2000 the FEC instituted an Administrative Fines program under which penalties for late filing and non filing will range from $125 to $16,000 or higher. 

Electronic Filing -- The Federal Elections Commission has instated regulations mandating electronic filing: "political committees and other person who are required to file with the agency must file electronically if they have, or have reason to expect to have, aggregate contributions or expenditures exceeding $50,000 in a calendar year."

PACs and Party Committees -- PACs and Party Committees generally file with the FEC (code 11CFR 105.4).  Committees making contributions or expenditures for Senate campaigns must file with the Secretary of State in the state where the supported candidate is seeking office, as well as for House campaigns in certain states.  Likewise, committees making contributions or expenditures for Presidential campaigns must also file in the states where the Presidential committee and donor PAC are headquartered.

 

State and Local:

Reports filed late are subject to fine.  Waiving the fine will only be considered by the Secretary of State if the request is based upon "specified 'good cause' reasons for late filing".  

Electronic Filing -- Beginning with the first pre-election statements prior to the March 2000 election, electronic filings were required when contributions total $100,000 or more.  Beginning with the first pre-election statements prior to the November 2000 election, electronic filings were required whenever contributions total $50,000 or more.  After a committee or candidate has "triggered" the electronic filing requirement, all reports thereafter must be filed electronically as well. In addition, hard-copy reports must continue to be filed.  

 

With professional experience in campaign finance, The David L. Gould Company can help you maintain accurate records of your campaign's finances, file the required reports, and keep you well informed so that you are able to comply with campaign finance and public disclosure laws.