What is the difference between an in-kind contribution given by a PAC to a candidate and an independent expenditure?
An in-kind contribution is goods, advertising or services furnished by a PAC without charge or at a rate which is less than the rate normally charged for the goods or services. The campaign is responsible for reporting in-kind contributions on its election finance statement. An independent expenditure is the expenditure of money or other thing of value to promote a candidate, slate of candidates or committee without the campaign or any authorized person acting on behalf of the campaign having any prior knowledge of the activity. There is no limit on independent expenditures; however, an “Independent Expenditure Report” must be completed and forwarded to the Registry when the aggregate amount of the independent expenditure exceeds $500. The candidates, slate of candidates or committee are not responsible for reporting the independent expenditure on the election finance statement.
Related Questions
- A personal friend of a candidate makes an independent expenditure for advertisement without the candidates knowledge. Is the friend required to notify the candidates opponent of the ad?
- What is the difference between an in-kind contribution given by a PAC to a candidate and an independent expenditure?
- What is the difference between an in-kind contribution and an independent expenditure?
