$500 Threshold Exemption Statements - Political Action Committees

Every candidate or political committee shall file a Statement of Organization or a $500 Threshold Exemption Statement with the City Clerk before making expenditures, accepting any contributions, distributing any campaign literature or circulating any petitions. (This also applies to committees that have filed a Statement of Organization or a $500 Threshold Exemption Statement with another jurisdiction.)

If a candidate or political committee has filed a $500 Exemption Statement and receives contributions or makes expenditures of more then $500, that candidate or political committee shall file a Statement of Organization with the City Clerk within five business days after exceeding the $500 limit.

For a committee that does not exceed its five hundred dollar threshold, the committee terminates at the end of the election cycle for which it was formed, shall file a termination statement as prescribed by section 16-914 and shall dispose of any surplus monies as otherwise provided by law.

A committee that fails to file its termination statement is terminated by operation of law ninety days after the end of the election cycle for which it was formed and shall pay a civil penalty of one hundred dollars.