[Title 11 CFR 102.4]
[Code of Federal Regulations (annual edition) - January 1, 2002 Edition]
[Title 11 - FEDERAL ELECTIONS]
[Chapter I - FEDERAL ELECTION COMMISSION]
[Subchapter A - GENERAL]
[Part 102 - REGISTRATION, ORGANIZATION, AND RECORDKEEPING BY POLITICAL COMMITTEES (2 U.S.C. 433)]
[Sec. 102.4 - Administrative termination (2 U.S.C. 433(d)(2)).]
[From the U.S. Government Printing Office]
11FEDERAL ELECTIONS12002-01-012002-01-01falseAdministrative termination (2 U.S.C. 433(d)(2)).102.4Sec. 102.4FEDERAL ELECTIONSFEDERAL ELECTION COMMISSIONGENERALREGISTRATION, ORGANIZATION, AND RECORDKEEPING BY POLITICAL COMMITTEES (2 U.S.C. 433)
Sec. 102.4 Administrative termination (2 U.S.C. 433(d)(2)).
(a) The Commission, on its own initiative or upon the request of the
political committee itself, may administratively terminate a political
committee's reporting obligation on the basis of the following factors:
(1) The committee's aggregate reported financial activity in one
year is less than $5000;
(2) The committee's reports disclose no receipt of contributions for
the previous year;
(3) The committee's last report disclosed minimal expenditures;
(4) The committee's primary purpose for filing its reports has been
to disclose outstanding debts and obligations;
(5) The committee has failed to file reports for the previous year;
(6) The committee's last report disclosed that the committee's
outstanding debts and obligations do not appear to present a possible
violation of the prohibitions and limitations of 11 CFR parts 110 and
114;
(7) The committee's last report disclosed that the Committee does
not have substantial outstanding accounts receivable;
(8) The committee's outstanding debts and obligations exceed the
total of the committee's reported cash on hand balance.
(b) The Commission shall send a notification to the committee
treasurer of its intent to administratively terminate that committee and
may request the treasurer to submit information with regard to the
factors set forth at 11 CFR 102.4(a). The treasurer shall respond, in
writing, within 30 days of receipt of the Commission's notice or request
and if the committee objects to such termination, the committee's
response shall so state.
(c) The Commission shall administratively terminate a committee if
such committee fails to object to the Commission's action under 11 CFR
102.4(b) and the Commission determines that either:
(1) The committee has complied with the debt settlement procedures
set forth at 11 CFR part 116.
(2) The Commission has approved the forgiveness of any loan(s) owed
the committee which would have otherwise been considered a contribution
under the Act in violation of 11 CFR part 110;
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(3) It does not appear from evidence available that a contribution
in violation of 11 CFR parts 110 and 114 will result.
[45 FR 15104, Mar. 7, 1980, as amended at 60 FR 64273, Dec. 14, 1995]