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Any
political issues 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 issues committee
is required to file all subsequent reports if it makes any expenditures
or receives any contributions.
A political issues committee does not need to file a report
if it received no contributions and made no expenditures during
the reporting period. There are no laws that restrict the amount
of money political issues committees can spend or receive in Utah.
Financial Disclosure Report Deadlines
·
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
issues committee, group, or entity.
·
Contributions received
by a political issues 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 issues committee
makes expenditures, it is required to disclose the date and amount
of the expenditure and the name and address for each individual
or entity that receives more than $50.
The following are considered political
issues expenditures for reporting purposes:
·
a payment
from political issues contributions that is made to influence
the approval or defeat of a statewide ballot proposition;
·
a purchase, payment,
distribution, loan, advance, deposit, or gift of money made to
influence the approval or defeat of a statewide ballot proposition;
·
an express, legally
enforceable contract, promise, or agreement to make any expenditure;
·
compensation paid
by the reporting entity for personal services rendered by an individual
without charge to a PIC; or
·
goods or services
provided to or for the benefit of another reporting entity at
less than fair market value.
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 issues committee
must report the fair market value of each non-monetary contribution
or expenditure that it receives or makes.
Submit Report
To print off a financial disclosure form, click here.
A report can be submitted in the following ways:
1. A political issues committee may submit its report on-line.
To obtain a user ID and password for the on-line reporting system,
go to Disclosures.utah.gov
·
You must click the “Submit Report” button
for your report to be received by the Lt Governor's Office.
2. Reports not filed electronically may be faxed
to (801) 538-1133.
3. Or by mail or
in-person to:
Office of the Lieutenant Governor
Utah State Capitol, Suite 220
Salt Lake City, UT 84114-0607
·
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 Lt. Governor's Office must be received
no later than 5 p.m. on the due date (Keep in mind, the fax machine is often very busy on the due date).
·
Any political issues 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.
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