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Committee Reports (Form 460) chapter 12 Typically, all general purpose committees (state and local) use the Recipient Campaign Statement (Form 460) to report campaign activity for all semiannual and
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How to fill out committee reports form 460

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How to fill out committee reports form 460?

01
Start by gathering all the necessary information for the form, such as the committee's name, identification number, and contact information.
02
Fill in the required sections, starting with the committee's financial activity, including details about contributions, loans, and expenditures. Ensure that this information is accurately reported and properly categorized.
03
Provide information about the committee's bank accounts, including the account names and numbers, as well as any interest earned or fees incurred.
04
If applicable, report any outstanding debts or obligations the committee may have, including loans or contracts.
05
Detail any reconciliation efforts taken to ensure that the committee's account balances match the bank statements.
06
Include any additional information or disclosures required by the form, such as independent expenditures or late contribution reports.
07
Double-check all the information provided before submitting the form to ensure its accuracy and completeness.
08
Sign and date the form as required by the relevant authorities.

Who needs committee reports form 460?

01
Political committees: Political action committees (PACs), candidate committees, and ballot measure committees are usually required to file committee reports form 460 in order to disclose their financial activity.
02
Non-profit organizations: Certain non-profit organizations that engage in political activities may also be required to file this form, depending on their contribution and expenditure thresholds.
03
Government entities: Local government entities, such as city councils or school boards, that establish a committee to support or oppose a ballot measure may need to submit committee reports form 460.
04
Individuals: In some cases, individuals or groups that make independent expenditures or contribute above certain limits may be required to file committee reports form 460 to disclose their political activities.
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Form 460 is a committee campaign statement form that discloses financial activity of political committees.
Political committees in California are required to file form 460.
Form 460 can be filled out online or manually, providing detailed financial information related to campaign contributions and expenditures.
The purpose of form 460 is to provide transparency and accountability in campaign finances by disclosing where money comes from and how it is being spent.
Information such as contributions received, expenditures made, loans received, and any outstanding debts must be reported on form 460.
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