legal · go-v.org

Administrative termination (52 U.S.C. 30103(d)(2)).

CFR · 2024-01-01 · US · Title 11

(a) The Commission, on its own initiative or upon the request of the political committee itself, may administratively terminate a political committee's reporting obligation on the basis of the following factors: (1) The committee's aggregate reported financial activity in one year is less than $5000; (2) The committee's reports disclose no receipt of contributions for the previous year; (3) The committee's last report disclosed minimal expenditures; (4) The committee's primary purpose for filing its reports has been to disclose outstanding debts and obligations; (5) The committee has failed to file reports for the previous year; (6) The committee's last report disclosed that the committee's outstanding debts and obligations do not appear to present a possible violation of the prohibitions and limitations of 11 CFR parts 110 and 114; (7) The committee's last report disclosed that the Committee does not have substantial outstanding accounts receivable; (8) The committee's outstanding debts and obligations exceed the total of the committee's reported cash on hand balance. (b) The Commission shall send a notification to the committee treasurer of its intent to administratively terminate that committee and may request the treasurer to submit information with regard to the factors set forth at 11 CFR 102.4(a). The treasurer shall respond, in writing, within 30 days of receipt of the Commission's notice or request and if the committee objects to such termination, the committee's res

official document · source cfr-2024 · id 11:§ 102.4