Current through Register Vol. XLI, No. 50, December 13, 2024
Section 146-3-9 - State and Local Activity by Federal Committees9.1. A political committee which properly establishes and maintains an account with the Federal Election Commission shall be in compliance with the state financial reporting requirements in W. Va. Code § 3-8-5 if all requirements are met in reporting with the Federal Election Commission. Of candidate committees, only candidate committees that are seeking election to a federal position qualify for this exemption.9.2. When a federally registered political committee also maintains a state registered account, the treasurer shall not place in its federal account, funds which have been designated by the contributor for use in state, district, county and municipal election activities. The funds shall be placed directly into the state account, and are subject to state reporting requirements, restrictions, and contribution limits.9.3. A person required to file reports with the Federal Election Commission is not exempt from the state-level electioneering communication reports requirements in W. Va. Code § 3-8-2b or the independent expenditure reporting requirements in W. Va. Code § 3-8-2.