32 KAR 2:100. Postelection and supplemental reports.

 

      RELATES TO: KRS 121.180(3), (4), (7)

      STATUTORY AUTHORITY: KRS 121.120(1)(g)

      NECESSITY, FUNCTION, AND CONFORMITY: KRS

121.180(3)(b) requires candidates, campaign committees, political issues

committees, and registered fundraisers to file a report on the 32nd day

preceding an election. KRS 121.180(4) and (7) require that candidates, campaign

committees, political issues committees, and registered fundraisers shall file

postelection reports within thirty (30) days after the election, and

supplemental reports until any balance of funds remaining or debts owed show no

unexpended balance or unpaid deficit. It is necessary to promulgate this

administrative regulation to clarify the manner in which these reports are to

be compiled as the transition is made between reporting periods for the primary

and regular elections.

 

      Section 1. Definitions. (1) "Thirty (30) day

postelection report" means the postelection report required by KRS

121.180(4).

      (2) "Supplemental report" means the

report required by KRS 121.180(7).

      (3) "Thirty-two (32) day preelection

report" means the report required by KRS 121.180(3)(b).

 

      Section 2. Postelection Reports. (1) In making the

thirty (30) day postelection report required by KRS 121.180(4) following a

primary election, the candidate, campaign committee, political issues

committee, or registered fundraiser shall reflect only those contributions

received, expenditures made, and debts incurred as of 12 midnight local time on

the date of the primary election.

      (2) All contributions received, expenditures made,

and debts incurred subsequent to 12 midnight local time on the date of the

primary shall be attributed to the regular election and shall be reflected on

the thirty-two (32) day preelection report filed prior to the regular election.

 

      Section 3. Supplemental Reports. (1) In making the

supplemental reports required by KRS 121.180(7), a candidate, campaign

committee, political issues committee, or registered fundraiser shall reflect the

remaining balance and debts owing for the primary election only. A successful

primary candidate who files one (1) or more supplemental reports for the

primary and has carried a remaining balance forward to his campaign account for

the regular election, shall reflect on the supplemental report only debts

outstanding from the primary election. The supplemental report shall be

accompanied by form KREF 92-009 (Certificate of Debt Assumption). The balance

carried forward shall be reflected on the thirty-two (32) day preelection

report for the regular election.

      (2) In making the postregular election supplemental

reports required by KRS 121.180(7), a candidate, campaign committee, or

political issues committee shall reflect the remaining balance (including funds

carried over from the primary and reflected on the thirty-two (32) day

preelection report) and debts owing for the regular election only. Supplemental

reports shall be filed for the regular election until the debts are paid or

assumed and unexpended balance transferred to a future-year candidacy for the

same office, issue, or other disposition made.

 

      Section 4. Material Incorporated by Reference. Form

KREF 92-009 (Certificate of Debt Assumption), revised 7/10/92, is hereby

incorporated by reference and may be obtained free of charge from the Registry

of Election Finance, 140 Walnut Street, Frankfort, Kentucky 40601, Monday

through Friday, 8 a.m. to 4:30 p.m. local time. (19 Ky.R. 1930; Am. 2234; eff.

4-7-93.)