ORS 260.054
Political committee campaign account

  • petition committee petition account

(1)

Each political committee shall establish a single exclusive campaign account and each petition committee organized under ORS 260.118 (Treasurer and statement of organization of petition committee) shall establish a single exclusive petition account in a financial institution, as defined in ORS 706.008 (Additional definitions for Bank Act). The financial institution must be located in this state and must ordinarily conduct business with the general public in this state.

(2)

A political committee shall maintain the campaign account in the name of the political committee. A petition committee shall maintain the petition account in the name of the petition committee.

(3)

Except as provided in subsection (4) of this section:

(a)

All expenditures made by the political committee shall be drawn from the campaign account and:

(A)

Issued on a check signed by the candidate on whose behalf the account is established, by the treasurer of the political committee or by an individual designated by the candidate or treasurer; or

(B)

Paid using a debit card or other form of electronic transaction.

(b)

All expenditures made by the petition committee shall be drawn from the petition account and:

(A)

Issued on a check signed by the chief petitioner or treasurer of the petition committee or by an individual designated by the chief petitioner or treasurer; or

(B)

Paid using a debit card or other form of electronic transaction.

(4)

Subsection (3) of this section does not prohibit a person from making a cash or other expenditure on behalf of the political committee or petition committee and receiving reimbursement from the campaign or petition account.

(5)

Intentionally left blank —Ed.

(a)

Not later than seven business days after the date the contribution is received:

(A)

A contribution received by a candidate or the treasurer of a political committee, directly or indirectly, shall be deposited into the campaign account.

(B)

A contribution received by a chief petitioner or treasurer of a petition committee, directly or indirectly, shall be deposited into the petition account.

(b)

This subsection does not apply to in-kind contributions received by a candidate, political committee or petition committee.

(6)

This section does not prohibit the transfer of any amount deposited in a campaign or petition account into a certificate of deposit, stock fund or other investment instrument.

(7)

A campaign or petition account may not include any private moneys, other than contributions received by the political committee or petition committee.

(8)

A political committee or petition committee shall retain a copy of each financial institution account statement from the campaign or petition account described in this section for not less than two years after the date the statement is issued by the financial institution.

(9)

This section does not apply to candidates described in ORS 260.043 (Exemptions for candidate who expects neither contributions nor expenditures to exceed $750 or $3,500).

(10)

As used in this section, “contribution” and “expenditure” include a contribution or expenditure to or on behalf of an initiative, referendum or recall petition. [2005 c.809 §3; 2007 c.570 §8; 2009 c.818 §7; 2017 c.749 §34]

Source: Section 260.054 — Political committee campaign account; petition committee petition account, https://www.­oregonlegislature.­gov/bills_laws/ors/ors260.­html.

260.005
Definitions
260.007
Exclusions from definitions of “contribution” and “expenditure.”
260.011
Prohibition on using cryptocurrency to make contribution
260.035
Treasurer and statement of organization for political committees and candidates
260.037
Liability of candidate or treasurer for default or violation of treasurer obligations
260.038
Treasurer of more than one candidate or committee
260.039
Content of statement of organization of candidate or principal campaign committee
260.041
Principal campaign committee
260.042
Content of statement of organization of political committee
260.043
Exemptions for candidate who expects neither contributions nor expenditures to exceed $750 or $3,500
260.044
Statement of independent expenditures
260.046
Discontinuance of statement of organization
260.049
Reports to be filed by certain corporations
260.052
Political committee identification number
260.054
Political committee campaign account
260.055
Accounts of contributions and expenditures
260.056
Written loan agreements
260.057
Electronic campaign finance filing system
260.064
In-kind contribution from candidate, political committee or petition committee
260.076
Statements of contributions received during session of Legislative Assembly
260.078
Reporting contributions and expenditures not previously reported
260.083
Contents of statements
260.085
Listing of occupation of contributor
260.095
Reporting expenditures that are both in-kind contributions and expenditures
260.112
Filing of certificate by candidate or treasurer of political committee or petition committee who expects neither contributions nor expenditures to exceed $3,500
260.118
Treasurer and statement of organization of petition committee
260.156
Rules for reporting expenditures and contributions
260.163
County or city campaign finance provisions
260.200
Secretary of State rules for accounts, forms, material to be retained and material not subject to disclosure
260.205
Inspection of statements
260.215
Periodic examination and investigation of statements
260.218
Subpoena authority
260.225
Court proceedings to compel filing of correct statements
260.232
Civil penalty for failure to file statement or to include required information
260.234
Notice of civil penalty
260.241
Removal from general election ballot for failure to file statement
260.245
Withholding certificate of election or certificate of nomination for failure to file statement
260.255
Preservation of filed statements by filing officers
260.262
Accounts of chief petitioners
260.266
Statement of persons who paid for communication in support of or in opposition to clearly identified candidate
260.275
Definitions for ORS 260.275 to 260.285
260.281
Donor identification lists
260.285
Civil penalty for failure to file donor identification list or to include required information
260.315
Distribution of copies of law
260.345
Complaints or other information regarding violations
260.351
Court proceedings for election law violations, generally
260.355
Deprivation of nomination or office for deliberate and material election violation
260.365
Election or appointment after deprivation of nomination or office for violation
260.368
Investigations of violations of prohibition on payment based on number of signatures obtained on petition
260.402
Contributions in false name
260.407
Use of contributed amounts for certain purposes
260.409
Expenditures for professional services rendered by candidate
260.413
Prohibition on committee providing consideration in connection with nondisclosure agreement relating to workplace harassment
260.422
Acceptance of employment where compensation to be contributed
260.432
Solicitation of public employees
260.532
False publication relating to candidate or measure
260.537
False publication intended to mislead electors
260.550
Use of term “incumbent.”
260.555
Prohibitions relating to circulation, filing or certification of initiative, referendum or recall petition
260.556
Secretary of State prohibited from counting petition signatures obtained by certain persons
260.558
Payment for signing or not signing initiative, referendum or recall petition
260.561
Liability of certain chief petitioners for violations committed by persons obtaining signatures on petition
260.563
Liability of contractor obtaining signatures on petition for violations committed by subcontractor
260.567
Alteration of information on petition signature sheet
260.569
Payment based on signatures obtained on nominating petition or voter registration card
260.575
Use of threats and intimidation for purpose of extorting money
260.635
Bets and wagers on election results
260.645
Illegal acts relating to voting machines or vote tally systems
260.665
Undue influence to affect registration, voting, candidacy, signing petitions
260.675
Prohibited distribution of ballots
260.685
Elections official compliance with directives of Secretary of State
260.695
Prohibitions relating to voting
260.705
Premature release of vote tally
260.715
Prohibited conduct
260.993
Criminal penalties
260.995
Civil penalties
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