[Lnc-business] FEC filings/reports
Tim Hagan
tim.hagan at lp.org
Wed Oct 23 14:38:31 EDT 2019
As far as I know, we have not submitted anything. I will look into the
potential changes. The Notice 2019-14 may be to force the FEC to create
forms for the segregated accounts, which they have not done since the
three segregated accounts became law. We have been following the FEC's
advice to report contributions to the building fund as Other Federal
Receipts, and report expenses from the building fund as Other
Disbursements. The itemized ones get a memo stating "Headquarters
Account".
---
Tim Hagan
Treasurer, Libertarian National Committee
On 2019-10-23 11:13, John Phillips via Lnc-business wrote:
> Have we submitted anything on these upcoming potential FEC changes?
>
> Notice 2019-13: Currently list exchanges are unreported if they are equal value (2002-14, Advisory Opinion to LNC). Petitioner wants ALL exchanges reported.
>
> Notice 2019-14: Currently the form for segregated national party accounts (Convention, HQ, Recount and legal) allows for inconsistencies according to petitioner. Petitioner seeks to force all individual and aggregate transactions to be reported by segregated account.
>
> Comments to FEC due Monday
>
> Notice of rule making was at end of August
>
> I don't have much more knowledge than that, it was just brought to my attention.
> Nor is my area of expertise how much these potential changes might affect us. I understand there are some filing date changes as well.
>
> John Phillips
> Libertarian National Committee Region 6 Representative
> Cell 217-412-5973
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