[Federal Register Volume 65, Number 13 (Thursday, January 20, 2000)]
[Notices]
[Pages 3237-3238]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-1371]


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FEDERAL ELECTION COMMISSION

[Notice 2000 2]


Schedule of Matching Fund Submission Dates and Submission Dates 
for Statements of Net Outstanding Campaign Obligations (NOCO) for 2000 
Presidential Candidates Post Date of Ineligibility

AGENCY:  Federal Election Commission.

ACTION:  Notice of matching fund submission dates and submission dates 
for statements of net outstanding campaign obligations for 2000 
Presidential candidates post Date of Ineligibility.

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SUMMARY:  The Federal Election Commission is publishing matching fund 
submission dates for publicly funded 2000 Presidential primary 
candidates. Eligible candidates may present one submission and/or 
resubmission per month on the designated date. Payments will be made by 
the U. S. Treasury to the candidate generally within 48 hours after 
certification by the Commission. Also being published are submission 
dates for statements of net outstanding campaign obligations (``NOCO 
statements'') which are required to be submitted by publicly funded 
2000 Presidential primary candidates following their date of 
ineligibility (``DOI''). Candidates are required to submit a NOCO 
statement prior to each regularly scheduled date on which they receive 
federal matching funds, on dates to be determined by the Commission.

[[Page 3238]]


FOR FURTHER INFORMATION CONTACT: Mr. Raymond Lisi, Audit Division, 999 
E Street, NW, Washington, DC 20463, (202) 694-1200 or (800) 424-9530.

SUPPLEMENTARY INFORMATION:

Matching Fund Submissions

    Presidential candidates eligible to receive federal matching funds 
may present submissions and/or resubmissions to the Federal Election 
Commission once a month on designated submission dates. The Commission 
will review the submissions/resubmissions and forward a certification 
for payment to the Secretary of Treasury. Since no payments can be made 
during 1999, all submissions received during 1999 will be certified in 
late December 1999, for payment on January 3, 2000. 11 CFR 9036.2(c). 
During 2000 and 2001, certifications and payments will be made on a 
monthly basis. The last date a candidate may make a submission is March 
5, 2001.
    The submission dates specified in the following list pertain to 
non-threshold matching fund submissions and resubmissions after the 
candidate establishes eligibility. The threshold submission on which 
that eligibility will be determined may be filed at any time and will 
be processed within fifteen business days unless review of the 
threshold submission determines that eligibility has not been met.

NOCO Submissions

    Under 11 CFR 9034.5, a candidate who receives federal matching 
funds must submit a NOCO statement to the Commission within 15 calendar 
days after the candidate's date of ineligibility, as determined under 
11 CFR 9033.5. The candidate's net outstanding campaign obligations is 
equal to the difference between the total of all outstanding 
obligations for qualified campaign expenses plus estimated necessary 
winding down costs less cash on hand, the fair market value of capital 
assets, and accounts receivable. 11 CFR 9034.5(a). Candidates will be 
notified of their DOI by the Commission.
    Candidates who have net outstanding campaign obligations post-DOI 
may continue to submit matching payment requests as long as the 
candidate certifies that the remaining net outstanding campaign 
obligations equal or exceed the amount submitted for matching. 11 CFR 
9034.5(f)(1). If the candidate so certifies, the Commission will 
process the request and certify the appropriate amount of matching 
funds.
    Candidates must also file revised NOCO statements in connection 
with each matching fund request submitted after the candidate's DOI. 
These statements are due just before the next regularly scheduled 
payment date, on a date to be determined by the Commission. They must 
reflect the financial status of the campaign as of the close of 
business three business days before the due date of the statement and 
must also contain a brief explanation of each change in the committee's 
assets and obligations from the most recent NOCO statement. 11 CFR 
9034.5(f)(2).
    The Commission will review the revised NOCO statement and adjust 
the committee's certification to reflect any change in the committee's 
financial position that occurs after submission of the matching payment 
request and the date of the revised NOCO statement.
    The following schedule includes both matching fund submission dates 
and submission dates for revised NOCO statements.

   Schedule of Matching Fund Submission Dates and Submission Dates for
   Statements of Net Outstanding Campaign Obligations (NOCO) for 2000
                         Presidential Candidates
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                                                                 NOCO
                      Submission dates                        Submission
                                                                Dates
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01/03/00...................................................     01/21/00
02/01/00...................................................     02/21/00
03/01/00...................................................     03/23/00
04/03/00...................................................     04/21/00
05/01/00...................................................     05/23/00
06/01/00...................................................     06/23/00
07/03/00...................................................     07/21/00
08/01/00...................................................     08/23/00
09/01/00...................................................     09/22/99
10/02/00...................................................     10/24/00
11/01/00...................................................     11/21/00
12/01/00...................................................     12/21/00
01/02/01...................................................     01/23/01
02/01/01...................................................     02/20/01
03/05/01...................................................     03/23/01
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    Dated: January 14, 2000.
Darryl R. Wold,
Chairman, Federal Election Commission.
[FR Doc. 00-1371 Filed 1-19-00; 8:45 am]
BILLIING CODE 6715-01-P