Section 1.30. Revocation of exemption from filing campaign finance reports.

 

(1)  When a person, committee or group other than a committee or individual required to file an oath under s. 11.06 (7) , Stats., who or which claims an exemption from filing campaign finance reports because the registrant will not receive contributions, make disbursements, or incur obligations in an aggregate amount in excess of $1,000 in a calendar year and who or which does not anticipate accepting any contribution or contributions from a single source, other than contributions totaling no more than $1,000 made by the candidate to his or her own campaign, exceeding $100 in that year, the registrant shall lose the exemption when the registrant exceeds the $1,000 and $100 limits, respectively. The registrant shall then inform the appropriate filing officer by filing either an amended campaign registration statement (Form EB-1) stating that the registrant is no longer eligible for exemption or by a letter filed with the filing officer or with the U.S. postal service by first class mail with sufficient prepaid postage, addressed to the appropriate filing officer, no later than the date on which the registrant exceeds the $1,000 and $100 limits. The registrant becomes subject to the applicable reporting requirements as of the date on which the registrant exceeds the $1,000 and $100 limits, including the requirement to report contributions received, disbursements made, and obligations incurred before the registrant exceeds the $1,000 and $100 limits.

(2)  When any political party committee claims an exemption from filing campaign finance reports because the registrant has signed an indication on a registration statement that the committee will not accept contributions, make disbursements, or incur obligations in the aggregate in excess of $1,000 in any calendar year and will not accept any contribution or contributions from a single source exceeding $100 in that year, the registrant shall lose the exemption when the committee's financial activity exceeds the $1,000 and $100 limits, respectively. The committee shall then inform its filing officer by verified letter filed with the filing officer or with the U.S. postal service by first class mail with sufficient prepaid postage, addressed to the appropriate filing officer, no later than the date on which the registrant exceeds the $1,000 and $100 limits. The committee becomes subject to the applicable reporting requirements as of the date on which the registrant exceeds the $1,000 and $100 limits, including the requirement to report contributions received, disbursements made, and obligations incurred before the registrant exceeds the $1,000 and $100 limits.

(3)  For purposes of qualifying for exempt status under s. 11.05 (2r) , Stats., the transfer of party member dues from a state political party to a local party shall not be considered a contribution from a single source. A local political party shall not lose its exempt status because of transfers to it by the state party of party member dues in excess of $100.

History: Emerg. cr. eff. 9-13-76; cr. Register, January, 1977, No. 253 , eff. 2-1-77; r. and recr. Register, May, 1986, No. 365 , eff. 6-1-86; emerg. am. (1), eff. 7-1-86; am. (1), Register, November, 1986, No. 371 , eff. 12-1-86; cr. (3), Register, April, 1998, No. 508 , eff. 5-1-98.

Note

This section has been reviewed pursuant to 2015 Wisconsin Act 117 , Section 79 (1) , and determined to be inconsistent with Act 117 and, therefore, unenforceable. Microsoft Windows NT 6.1.7601 Service Pack 1