Committee Reporting FAQ
- "What if I don't think I will go over the threshold?"
Consider Filing DR-SFA - This form is for persons that may or may not cross the $1000 financial threshold but want to use a committee name on their advertising before they cross the threshold that requires filing reports. See "paid for by" attribution information. Attributions are required regardless of whether or not the threshold is reached.
- "I have crossed the reporting threshold, what do I file now?"
DR-1 - This is your Statement of Organization and is required to be filed within ten days of crossing the $1000 financial threshold including your own money. (You will amend this form again if there are any changes to any information contained on the form. The amended form must be filed within 30 days of the change in information. Only the information that has changed needs to be filled out.) A candidate with an open committee that exceeds $1000 in activity for another office shall file within 10 days either a new or amended DR-1 disclosing information concerning the campaign for the new office sought. No campaign disclosure report is required at the time of filing this form unless it is filed at the time of a normal report due date.
- "What is the difference between a debt & a loan?"
Schedule D shows all debts of the committee - example:
if printing is ordered and not yet done or paid for, it
belongs here. If you do not know the exact amount, use an
estimate (This is NOT money loaned to the committee bank account, but rather items purchased out of pocket to be reimbursed).
Schedule F shows all loans - example: if you put
$600 in the committee checking account to get the campaign
going, that would be shown here and you can write yourself
a check at any time to reduce the debt gradually or pay
it in full (this is NOT items purchased with personal funds - see Schedule D-debts).
- "What is an inkind contribution?"
Schedule E shows all in-kind contributions (goods
or services donated for free or at reduced cost) - example:
someone donates supplies to make campaign signs and does
not want to be reimbursed, the fair market value of the
supplies would be shown here. All out of pocket expenses by the candidate who does not wish to be reimbursed are also shown here.
- "How do I reimburse for mileage?"
You may either reimburse yourself for mileage at the IRS accepted rate for that period per mile OR you may purchase gas with committee funds, not both. Either way requires you to keep a mileage log, beginning and ending mileage, location and activity at your destination.
"I am finished with my campaign, now what?"
DR-3- This form is required to be filed to end the committees filing requirements. The committee must have a zero balance in the checking account and no outstanding debts or loans in order to close. The form MUST be filed for the committee to be closed.