Iowa Admin. Code r. 351-4.55 - Statement of dissolution; final report; final bank statement
(1)
Statement of dissolution. Astatement of dissolution (Form
DR-3) shall be filed after the committee terminates its activity, disposes of
its funds and assets, and has discharged all of its loans and debts.
(2)
Place of filing.
Statements of dissolution shall be filed through the board's website at
ethics.iowa.gov.
(3)
Time of filing. A
committee seeking dissolution shall file a statement of dissolution within 30
days of terminating activity, disposing of funds and assets, and discharging
all loans and debts. A statement must be submitted at or before 11:59 p.m. on
the required due date. If the due date falls on a Saturday, Sunday, or holiday
on which the board office is closed, the due date is extended to the next
working day.
(4)
Final
report. The committee shall file a final report disclosing the
committee's closing transactions. Once the board staff reviews the report and
determines that the committee has complied with all of the requirements of Iowa
Code chapter 68A, the committee is no longer required to file campaign reports.
If the board staff determines that the committee has not complied with all of
the requirements of Iowa Code chapter 68A, the committee, prior to being
dissolved, shall resolve all issues.
(5)
Final hank statement. A
copy of the committee's final bank statement showing the committee's closing
transactions and a zero balance shall be attached to or submitted with the
committee's final report. A committee participating in an election at the
county, city, school, or other political subdivision level, an independent
expenditure committee, or a sole individual making an independent expenditure
is not required to file a final bank statement unless requested to do so by the
board. A committee seeking a waiver from the requirements of this subrule may
do so in accordance with 351-Chapter 15.
This rule is intended to implement Iowa Code section 68A.402B.
Notes
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