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COCHISE COUNTY ELECTIONS DEPARTMENT POLITICAL COMMITTEE $500 THRESHOLD STATEMENT A.R.S. 16902.01; 16903(A) ID# NAME OF POLITICAL COMMITTEE (For a ballot measure committee, name shall include official

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How to fill out political committee 500 threshold

How to fill out political committee 500 threshold:

01

Start by gathering all necessary information and documents. This includes the name of the political committee, the address of the committee's principal office, and the names and addresses of the committee's officers.

02

Determine if your political committee meets the threshold requirements. A political committee is required to register with the Federal Election Commission (FEC) if it receives contributions or makes expenditures that exceed $500 in a calendar year.

03

Visit the FEC website and locate the necessary forms for filing. The main form for registering a political committee is Form 1, which is the Statement of Organization. You will also need to fill out supporting schedules, such as Schedule A for itemized receipts and Schedule B for disbursements.

04

Carefully fill out each section of Form 1, providing accurate and complete information. This includes the committee's name and address, the committee's type (whether it is an authorized, unauthorized, or independent expenditure-only committee), and the committee's treasurer's name and address.

05

Complete the necessary supporting schedules, such as Schedule A and Schedule B. These schedules require you to provide detailed information about the committee's receipts and disbursements, including the amount, date, purpose, and source or recipient of the funds.

06

Once all forms and schedules are properly filled out, double-check everything for accuracy. Mistakes or omissions can lead to delays or penalties.

07

Submit the completed forms and schedules to the FEC. You can file electronically through the FEC's Electronic Filing System (EFS) or submit paper forms by mail. Make sure to check the FEC's website for current filing deadlines and instructions.

08

Keep copies of all submitted forms and related documents for your records. It is important to maintain accurate and organized records of your committee's financial activities.

Who needs political committee 500 threshold?

01

Political candidates: Candidates running for elected office often form political committees to support their campaign efforts. These committees allow candidates to raise funds and make expenditures for campaign-related activities.

02

Political action committees (PACs): PACs can be formed by individuals or organizations for the purpose of raising and spending money to support or oppose political candidates or issues. PACs are subject to regulations and reporting requirements, including the $500 threshold.

03

Advocacy groups: Non-profit organizations and advocacy groups that engage in political activities may need to establish a political committee if their financial activities exceed the $500 threshold. This ensures transparency and compliance with federal election laws.

Note: It is essential to consult with legal professionals or experts in campaign finance laws to ensure compliance with all relevant regulations and requirements specific to your jurisdiction.

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