Do principals report contributions it makes to an event for legislators that is held by a non-principal?
Principals do not report contributions it makes to an event for legislators that is held by a non-principal if the amount the principal contributes does not exceed the $10.00 limit per calendar day. Remember that the event must meet the definition of a “public event” under N.C.G.S. ยง138A-3(29). Warning: Principals should be conscious that reportable expenditures include those that directly or indirectly are made to, at the request of, for the benefit of, or on the behalf of a designated individual or that individual’s immediate family.
Related Questions
- Does a Campaign Financial Disclosure Report need to be filed if there have been no contributions or expenditures in the reporting period?
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