Federal PAC Reports Due July 31, 2013

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All federal PACs are required to submit a semi-annual report to the Federal Election Commission (FEC) on or before July 31, 2013. The semi-annual report must reflect all receipts and disbursements between January 1, 2013, and June 30, 2013.

Under the FEC's mandatory electronic filing rules, any committee that receives contributions or makes expenditures in excess of $50,000 in a calendar year, or expects to do so, must submit all campaign finance reports electronically. Committees that do not meet the $50,000 threshold are permitted to file paper reports, but the FEC strongly recommends the voluntary use of the electronic filing system. Once a committee begins to file reports electronically, on a voluntary basis, it must continue to do so for the remainder of the calendar year unless the FEC determines that extraordinary and unforeseeable circumstances make electronic filing impractical.

Electronic filers have until 11:59 PM Eastern Time on July 31, 2013, to file the July semi-annual report. Paper filers must ensure that the FEC receives their report by the close of business on the date of the filing deadline.

For additional information on reporting and compliance, visit the FEC website at http://www.fec.gov/info/compliance.shtml.

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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