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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) A political action committee shall not make an independent expenditure unless it establishes a non-contribution account for the purpose of making such independent expenditures.
(b) A political action committee must notify the Campaign Finance Board within 10 days after establishing a non-contribution account.
(c) A political action committee that establishes a non-contribution account shall ensure that:
(1) The non-contribution account remains segregated from any accounts of the political action committee that are used to make contributions to candidates, political committees, political action committees, or political parties;
(2) No contribution to the political action committee is deposited in the non-contribution account unless the contributor has specifically designated the contribution for the purpose of making an independent expenditure;
(3) Contributions by the political action committee are not made from the non-contribution account; and
(4) The non-contribution account pays a proportional share, as determined by the Director of Campaign Finance, of the political action committee's administrative expenses.
(d) If a political action committee has established a non-contribution account, it must, in any reports it files pursuant to § 1-1163.09, identify any receipts that have been allocated to that account.
Cite this article: FindLaw.com - District of Columbia Code Division I. Government of District. § 1-1163.12a. Non-contribution accounts. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-i-government-of-district/dc-code-sect-1-1163-12a/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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