Prior to conducting any joint fundraising activities, the participants
(political committees) shall perform the following:
Create a political committee to act as their fundraising representative;
Agree in writing to a formula for allocating proceeds and expenses among
) Amend their Statements of Organization.
The amended Statements of Organization shall include the following:
The writing as agreed upon pursuant to §3012.1(b); and
The fundraising representative’s (political committee’s ) account as
an additional depository; Provided, that the fundraising representative
shall be an affiliated committee.
The fundraising representative (political committee) shall be responsible
for the following:
Establish a depository account for joint fundraising receipts and expenditures;
File a Statement of Organization with the Director.
In accordance with this title, the duties of the fundraising representative
(political committee) shall include the following:
Screen all contributions to assure that none are in excess of the limitations,
pursuant to §3011;
Collect and deposit joint fundraising contributions;
) Pay expenses;
Allocate proceeds and expenses to the participants; and
Report all joint fundraising receipts and expenditures in the reporting
period which made or received.
Upon allocation of proceeds, the participant political committees shall
report their shares on the R&E Report in accordance with the financial
guidelines and procedures.