Any political
action committee that makes expenditures totaling at least $50
or receives contributions of at least $750 in a calendar year
is required to file a financial disclosure report with the Lt.
Governor's Office. A political action committee is required to
file all subsequent reports if it makes any expenditures or receives
any contributions.
A political action committee
does not need to file a report if it received no contributions
and made no expenditures during the reporting period.
Required Reports
|
Due Date
|
What the Report Covers
|
|
August 31 of each year
|
All activity from January 1 to
August 26 of that year.
|
|
7 days before the regular general election
in even-numbered years
|
All activity from August 26
to 12 days before the general election.
|
| January 10 of each year |
All activity from 12 days before the general election until December 31. |
|
January 10 of each year
|
An updated Statement of Organization
|
Information PACs Must Report (Utah
Code 20A-11-602)
Contributions
In addition to the date and amount of
the contribution, political action committees are required to
disclose the following information for those individuals or groups
who make contributions to the PAC:
· the name, address, and occupation
of any individual;
· the identification of any publicly
identified class of individuals that makes a contribution
· the name and address of any
political action committee, group, or entity
· Contributions received by a
political action committee that have a value of $50 or less need
not be reported individually, but shall be listed on the report
as an aggregate total. However, 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.
Expenditures
When a political action committee makes
expenditures for political purposes, it is required to disclose
the date and amount of the expenditure and the name and address
of the entity that received the expenditure. As of May 12, 2009, expenditures to municipal/county candidates and/or ballots issue must be reported.
Non-monetary Contributions
or Expenditures (In-kind
contributions & expenditures)
The political action committee must report the fair market
value of each non-monetary contribution or expenditure that it
receives or makes.
Submitting the Report
A report can be submitted in the following ways:
1. A
political action committee may submit its report on-line. To obtain a user ID and password for
the on-line reporting system,
go to
Disclosure.utah.gov.
·
You must click the “Submit Report” button
for your report to be received by the Lt. Governor's Office.
2. You may file a paper report by printing off a financial disclosure form by click here.
Reports not filed electronically may
be faxed to (801) 538-1133. Or by mail or in-person to:
Office of the Lieutenant Governor
Utah State Capitol, Suite 220
P.O. Box 142325
Salt Lake City, UT 84114-2325
·
If submitted
by mail, a financial disclosure report must be postmarked three
or more days before the due date.
·
Financial disclosure reports that are submitted
in-person or faxed to the Lieutenant Governor's Office must be received
no later than 5 p.m. on the due date.
·
Any political action committee that
fails to file its financial disclosure reports may be guilty of a
class B misdemeanor. The Lt. Governor is required to report those
who fail to file to the Attorney General.
Federal Political Action Committees
Federal
PACs are allowed to donate money to state PACs, PICs, political
parties, or candidates.
Federal Political Action Committees making political expenditures
in Utah are required to comply with Utah’s financial disclosure
laws.
