(1) If after the last day of the election
cycle for candidates as defined in
RCW
42.17A.005 any contribution is received or an
expenditure is made from surplus funds for any purpose which would qualify the
recipient or person who made the expenditure as a candidate or political
committee, it will be presumed the recipient or person who made the expenditure
of such funds has initiated a new candidacy or committee. Surplus funds may
only be expended for a new candidacy if the candidate is seeking the same
office sought at the candidate's last election. Within fourteen days of the day
such contribution is received or expenditure is made, such candidate or
political committee must file (a) a final report for the previous campaign as
provided in
RCW
42.17A.235 and
42.17A.240;
and (b) a statement of organization and initial report for the new campaign as
provided by
RCW
42.17A.205,
42.17A.235 and
42.17A.240.
The surplus funds may be carried forward to the new campaign, reported as one
sum and listed as a contribution identified as "funds from previous campaign."
All augmentations to and all expenditures made from the retained surplus funds
after the last day of the election cycle must be reported in detail as to
source, recipient, purpose, amount and date of each transaction.
(2) For candidates as defined in
RCW
42.17A.005, if at any time after the last day
of the election cycle, any contribution is received or expenditure is made from
such surplus funds for any purpose which would qualify the recipient or person
who made the expenditure as a candidate or authorized committee, it will be
presumed the recipient or person who made the expenditure of such funds has
initiated a new candidacy or committee. Surplus funds may only be expended for
a new candidacy if the candidate is seeking the same office sought at the
candidate's last election. Within fourteen days of the day such contribution is
received or expenditure is made, such candidate or authorized committee must
file (a) a final report for the previous campaign as provided in
RCW
42.17A.235 and
42.17A.240;
and (b) a statement of organization and initial report for the new campaign as
provided by
RCW
42.17A.205,
42.17A.235 and
42.17A.240.
The surplus funds as of the last day of the election cycle may be carried
forward to the new campaign, reported as one sum and listed as a contribution
identified as "funds from previous campaign." "Funds from previous campaign"
carried forward by a candidate to the candidate's new campaign are not subject
to contribution limits set forth in
RCW
42.17A.405.
(3) A political committee formed to support
or oppose a particular ballot proposition or particular candidates which
retains surplus funds to use in support or opposition of other candidates or of
other ballot propositions has become a continuing political committee and must
thereafter register and report in accordance with chapter 42.17A RCW.
Notes
Wash. Admin. Code §
390-16-230
Amended by
WSR
18-24-074, Filed 11/30/2018, effective
12/31/2018
Amended by
WSR
20-02-062, Filed 12/24/2019, effective
1/24/2020
Statutory Authority:
RCW
42.17A.110. 12-03-002, § 390-16-230,
filed 1/4/12, effective 2/4/12. Statutory Authority: RCW 42.17.370. 07-07-005,
§ 390-16-230, filed 3/8/07, effective 4/8/07; 93-22-002, §
390-16-230, filed 10/20/93, effective 11/20/93; 93-16-064, § 390-16-230,
filed 7/30/93, effective 8/30/93. Statutory Authority: RCW 42.17.370(1).
86-04-071 (Order 86-01), § 390-16-230, filed 2/5/86; 82-14-016 (Order
82-04), § 390-16-230, filed 6/28/82; Order 70, § 390-16-230, filed
2/25/76; Order 62, § 390-16-230, filed
8/26/75.
