Wash. Admin. Code § 390-05-521 - Definition-Payments received by incidental committees
(1) Except as provided in subsection (2) of
this section for the purpose of reporting the top ten largest sources of
payments to an incidental committee, pursuant to
RCW
42.17A.235, a "payment" means any monetary
transfer or in-kind value accepted by the incidental committee, regardless of
the donative intent or benefit received by the person making the
transfer.
(2) A "payment" does not
include:
(a) A source of funding the nonprofit
organization is legally bound and explicitly prohibited from using for the
purpose of supporting or opposing a candidate or ballot proposition campaign;
or
(b) The fair market appreciation
of assets held by an incidental committee such as in an investment account,
including a brokerage account, and the sale or transfer of such assets from the
account to the incidental committee.
Notes
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