Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can the PCFO charge the current rate of interest to the CFC for dollars that the PCFO lends to it for the campaign expenses?

April 26, 2017Campaign CFC charge Dollars expenses lends pcfo rate

0

Posted

Can the PCFO charge the current rate of interest to the CFC for dollars that the PCFO lends to it for the campaign expenses?

1 Answer

0

Posted

A. If the PCFO obtains a commercial loan to pay for costs associated with running the campaign, the amount of a reasonable rate of interest is an allowable campaign expense, subject to the approval of the LFCC when the PCFO budget is submitted. For more information see Part 950.106.