§3-8-2a. Detailed accounts and verified financial statements for certain inaugural events; limitations; reporting requirements


Published: 2015

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.
WEST VIRGINIA CODE











‹ Back



 |   Print







WVC 3 - 8 - 2 A

§3-8-2a. Detailed accounts and verified financial statements for

certain inaugural events; limitations; reporting

requirements.

(a) For purposes of this section:

(1) "Inaugural committee" includes any person, organization or

group of persons soliciting or receiving contributions for the

purpose of funding an inaugural event for a person elected to a

statewide public office; and

(2) "Inaugural event" means any event or events held between

the general election of a person elected to a statewide public

office and ninety days after the general election, whether the

event is sponsored by the inaugural committee or the state

political party committee representing the party of the person

elected and for which the person elected is a prominent participant

or for which solicitations of contributions include the name of the

person elected in prominent display.

(b) Any inaugural committee soliciting or receiving

contributions for the funding of all or any part of an inaugural

event for any person elected to a statewide office that receives an

individual contribution in excess of two hundred fifty dollars for

any such event shall file and retain detailed records of any such

contribution.

(c) No person may contribute more than five thousand dollars

for any inaugural event. For purposes of this section,

"contribution" does not include volunteer personal services but does include in-kind contributions of materials or supplies.

(d) Any inaugural committee, financial agent or any person or

officer acting on behalf of such committee which is subject to the

provisions of this section shall file a verified financial

statement with the Secretary of State on a form prescribed by the

State Election Commission within ninety days of the event. The

financial statement shall contain information as may be required by

the provisions of this section relating to any contribution in

excess of two hundred fifty dollars. The Secretary of State shall

file and retain such statements as public records for a period of

not less than six years.

(e) In addition to any other information required by the State

Election Commission, the report of contributions required by the

provisions of this section shall include the methodology of the

fund raising, the nature of the expenditures made and the names,

addresses and amounts paid to any person.

(f) Amounts received by an inaugural committee for any person

elected to a statewide public office in excess of the amount

expended for an inaugural event may be contributed to any

educational, cultural or charitable organization, or to the

Governor's Mansion Fund created in section two, article four,

chapter five-a of this code. The inaugural committee shall, within

sixty days after filing the report required by subsection (d) of

this section, expend any excess moneys and report, on a form

prescribed by the Secretary of State, any amounts contributed to the Governor's Mansion Fund, any amounts contributed to

educational, cultural or charitable organizations and the names of

the organizations to which such excess moneys were contributed.

The Secretary of State shall file and retain such records as public

records for a period of not less than six years.





Note: WV Code updated with legislation passed through the 2015 Regular Session

The WV Code Online is an unofficial copy of the annotated WV Code, provided as a convenience. It has NOT been edited for publication, and is not in any way official or authoritative.