After the FEC recognizes us, then what?
You’ll be dealing primarily with FEC Form 3X. Under BCRA, state and local party committees will have to start filing monthly. What you have to report depends on your level of spending: If you spend less than $5,000 on FEA, you only need to report the activity in your federal account. Since you could spend it all in Levin funds, you may have nothing to report. If you spend $5,000 or more on FEA, then you have to also report your use of Levin funds. If you spend $50,000 or more a year on FEA, then you have to start filing electronically. At this point, you really should be reading the FEC’s Campaign Guide for Political Party Committees http://www.fec.gov/pdf/partygui.pdf. Don’t worry, they’ll send you a copy in your welcome wagon pack, but this is one class where it doesn’t hurt to read ahead.