24.2-950.1 - Certain political party committees exempt. - Virginia Statutes

§ 24.2-950.1. Certain political party committees exempt.

A. Except as provided in subsections B and C of this section and subsection Dof § 24.2-947.3, any local district, county, or city party committee shall beexempt from the reporting requirements of this chapter. Contributions made bysuch committee to any candidate, his campaign committee, or a politicalcommittee shall be reported by the recipient of the contribution inaccordance with the provisions of this chapter.

B. The exemption provided in this section shall not be applicable to statepolitical party committees, congressional district political partycommittees, or county or city political party committees for any county orcity with a population of more than 100,000, or organized political partygroups of elected officials. Any other political party committee shall beexempt from the reporting and notification requirements of this chapter,except as provided in § 24.2-945.2, in each calendar year in which it doesnot accept contributions totaling more than $15,000, or make contributionsand expenditures totaling more than $15,000. Any such committee shall besubject to such reporting requirements as soon as it accepts aggregatedcontributions, or makes aggregated contributions and expenditures, in excessof $15,000 in a calendar year. The first report filed pursuant to §24.2-950.6 shall account for all receipts and disbursements during thecalendar year and shall be complete through the completion date for thereport period.

C. Upon transfer of a designated contribution to a designated candidate'scampaign committee, each local district, county, or city political partycommittee shall provide information to the campaign committee to identify thecontributor as provided by § 24.2-947.4.

(1970, c. 462, §§ 24.1-254.1, 24.1-255; 1975, c. 515; 1981, c. 425; 1983, c.119; 1988, c. 616; 1991, cc. 9, 709; 1993, cc. 641, 776, 921, § 24.2-911;2004, c. 469; 2006, cc. 787, 892; 2008, cc. 152, 289.)