{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/24.2-947.2.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/24.2-947.2.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/24.2-947.2.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/24.2-947.2.html"}],"law_id":66685,"edition_id":1,"section_id":66685,"structure_id":13787,"section_number":"24.2-947.2","catch_line":"Campaign depositories; reimbursements of expenses; petty cash fund","history":"1970, c. 462, \u00a7\u00a7 24.1-253, 24.1-254; 1971, Ex. Sess., c. 222; 1972, cc. 620, 622; 1975, c. 515; 1978, c. 778; 1983, c. 119; 1984, c. 480; 1993, c. 641, \u00a7\u00a7 24.2-904, 24.2-905; 1996, cc. 217, 405; 2000, c. 326; 2001, c. 633; 2002, cc. 213, 232; 2003, cc. 248, 967, \u00a7 24.2-905.1; 2004, cc. 441, 457, 480; 2006, cc. 787, 892; 2020, c. 349.","full_text":"A\n\nUpon meeting any of the requirements of subsection A of § 24.2-947.1, the candidate shall designate a campaign depository, which shall be maintained in a financial institution within the Commonwealth, in an account properly identifying the name of and the existence of the political candidacy.B\n\nNo candidate, campaign treasurer, or other individual shall pay any expense on behalf of a candidate, directly or indirectly, except by a check or electronic debit drawn on such designated depository identifying the name of the campaign committee and candidate. However, a candidate, treasurer, or other authorized member of the candidate’s campaign staff may be reimbursed, by a check or electronic debit drawn on the designated depository, or according to the provisions of subsection C, for the payment of expenses (i) paid by him by cash, check or electronic debit, or credit card, (ii) made on behalf of the campaign, and (iii) fully documented by complete records of the expenditure, maintained as required by this chapter, and including receipts identifying the nature of the expenses and the names and addresses of each person paid by the recipient of the reimbursement.C\n\nA campaign committee (i) may establish a petty cash fund to be utilized for the purpose of making expenditures or reimbursing verified credit card expenditures of less than $200 if complete records of such expenditures are maintained as required by this chapter and (ii) may transfer funds from the designated campaign depository to an account or instrument to earn interest on the funds so long as the transferred funds and earned interest are returned to the designated depository account, complete records are maintained, and all expenditures are made through the designated depository account.D\n\n1. Notwithstanding the provisions of this section pertaining to campaign committee depositories and accounts, the campaign committee’s treasurer may establish a separate federal compliance account in the candidate’s designated campaign depository for the purpose of complying with requirements of federal law including, without limitation, restrictions on sources and amounts of campaign contributions applicable to federal candidates and officeholders. The candidate and campaign treasurer shall report all contributions and expenditures for an account established pursuant to this subsection on a consolidated basis with the candidate’s campaign account established pursuant to this section in disclosure reports filed pursuant to this article. In addition, the treasurer may transfer funds from a federal compliance account created pursuant to this subsection to an account or instrument to earn interest on the funds so long as the transferred funds and earned interest are returned to the designated depository account created pursuant to subsection A, complete records are maintained, and all expenditures are made through the designated depository account.2\n\nA committee registered with the Federal Election Commission which is not otherwise required by this chapter to file with the State Board, shall not be deemed to have triggered such filing requirements solely by virtue of one or more contributions to one or more federal compliance accounts created pursuant to this subsection.","order_by":null,"text":{"0":{"id":241873,"text":"Upon meeting any of the requirements of subsection A of § 24.2-947.1, the candidate shall designate a campaign depository, which shall be maintained in a financial institution within the Commonwealth, in an account properly identifying the name of and the existence of the political candidacy.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":241874,"text":"No candidate, campaign treasurer, or other individual shall pay any expense on behalf of a candidate, directly or indirectly, except by a check or electronic debit drawn on such designated depository identifying the name of the campaign committee and candidate. However, a candidate, treasurer, or other authorized member of the candidate’s campaign staff may be reimbursed, by a check or electronic debit drawn on the designated depository, or according to the provisions of subsection C, for the payment of expenses (i) paid by him by cash, check or electronic debit, or credit card, (ii) made on behalf of the campaign, and (iii) fully documented by complete records of the expenditure, maintained as required by this chapter, and including receipts identifying the nature of the expenses and the names and addresses of each person paid by the recipient of the reimbursement.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":241875,"text":"A campaign committee (i) may establish a petty cash fund to be utilized for the purpose of making expenditures or reimbursing verified credit card expenditures of less than $200 if complete records of such expenditures are maintained as required by this chapter and (ii) may transfer funds from the designated campaign depository to an account or instrument to earn interest on the funds so long as the transferred funds and earned interest are returned to the designated depository account, complete records are maintained, and all expenditures are made through the designated depository account.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":241876,"text":"1. Notwithstanding the provisions of this section pertaining to campaign committee depositories and accounts, the campaign committee’s treasurer may establish a separate federal compliance account in the candidate’s designated campaign depository for the purpose of complying with requirements of federal law including, without limitation, restrictions on sources and amounts of campaign contributions applicable to federal candidates and officeholders. The candidate and campaign treasurer shall report all contributions and expenditures for an account established pursuant to this subsection on a consolidated basis with the candidate’s campaign account established pursuant to this section in disclosure reports filed pursuant to this article. In addition, the treasurer may transfer funds from a federal compliance account created pursuant to this subsection to an account or instrument to earn interest on the funds so long as the transferred funds and earned interest are returned to the designated depository account created pursuant to subsection A, complete records are maintained, and all expenditures are made through the designated depository account.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C","next_prefix":"D2"},"4":{"id":241877,"text":"A committee registered with the Federal Election Commission which is not otherwise required by this chapter to file with the State Board, shall not be deemed to have triggered such filing requirements solely by virtue of one or more contributions to one or more federal compliance accounts created pursuant to this subsection.","type":"section","prefixes":["D","2"],"prefix":"2","entire_prefix":"D2","prefix_anchor":"D2","level":2,"prior_prefix":"D"}},"ancestry":[{"id":13787,"edition_id":1,"name":"Candidates and Their Campaign Committees","identifier":"3","label":"article","depth":3,"order_by":1,"parent_id":13071,"metadata":{},"date_created":"2026-06-26 03:45:52","date_modified":"2026-06-26 03:45:52","permalink":{"id":189095,"object_type":"structure","relational_id":13787,"identifier":"3","token":"24.2\/9.3\/3","url":"\/24.2\/9.3\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13071,"edition_id":1,"name":"Campaign Finance Disclosure Act of 2006","identifier":"9.3","label":"chapter","depth":2,"order_by":1,"parent_id":12937,"metadata":{},"date_created":"2026-06-26 03:44:14","date_modified":"2026-06-26 03:44:14","permalink":{"id":189053,"object_type":"structure","relational_id":13071,"identifier":"9.3","token":"24.2\/9.3","url":"\/24.2\/9.3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12937,"edition_id":1,"name":"Elections","identifier":"24.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:44:03","date_modified":"2026-06-26 03:44:03","permalink":{"id":187149,"object_type":"structure","relational_id":12937,"identifier":"24.2","token":"24.2","url":"\/24.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":82184,"structure_id":13787,"section_number":"24.2-947","catch_line":"Candidate election cycle","url":"\/24.2-947\/","token":"24.2\/9.3\/3\/24.2-947","metadata":false},{"id":69486,"structure_id":13787,"section_number":"24.2-947.1","catch_line":"Statement of organization","url":"\/24.2-947.1\/","token":"24.2\/9.3\/3\/24.2-947.1","metadata":false},{"id":75750,"structure_id":13787,"section_number":"24.2-947.10","catch_line":"Filing requirements for persons with multiple campaign committees","url":"\/24.2-947.10\/","token":"24.2\/9.3\/3\/24.2-947.10","metadata":false},{"id":72678,"structure_id":13787,"section_number":"24.2-947.11","catch_line":"Special report required of certain large pre-legislative session contributions","url":"\/24.2-947.11\/","token":"24.2\/9.3\/3\/24.2-947.11","metadata":false},{"id":66685,"structure_id":13787,"section_number":"24.2-947.2","catch_line":"Campaign depositories; reimbursements of expenses; petty cash fund","url":"\/24.2-947.2\/","token":"24.2\/9.3\/3\/24.2-947.2","metadata":false},{"id":61214,"structure_id":13787,"section_number":"24.2-947.3","catch_line":"Campaign committee treasurer requirements and responsibilities","url":"\/24.2-947.3\/","token":"24.2\/9.3\/3\/24.2-947.3","metadata":false},{"id":63651,"structure_id":13787,"section_number":"24.2-947.3:1","catch_line":"Certain contributions received from federal political action and out-of-state political committees; campaign committee responsibilities","url":"\/24.2-947.3_1\/","token":"24.2\/9.3\/3\/24.2-947.3_1","metadata":false},{"id":59018,"structure_id":13787,"section_number":"24.2-947.4","catch_line":"Information to be included on campaign finance reports for campaign committees","url":"\/24.2-947.4\/","token":"24.2\/9.3\/3\/24.2-947.4","metadata":false},{"id":81332,"structure_id":13787,"section_number":"24.2-947.4:1","catch_line":"Loans to candidate campaign committees; prohibited interest payments; civil penalty","url":"\/24.2-947.4_1\/","token":"24.2\/9.3\/3\/24.2-947.4_1","metadata":false},{"id":62414,"structure_id":13787,"section_number":"24.2-947.5","catch_line":"With whom candidates file reports; electronic filing requirement","url":"\/24.2-947.5\/","token":"24.2\/9.3\/3\/24.2-947.5","metadata":false},{"id":87229,"structure_id":13787,"section_number":"24.2-947.6","catch_line":"Filing schedule for candidates for office; November elections","url":"\/24.2-947.6\/","token":"24.2\/9.3\/3\/24.2-947.6","metadata":false},{"id":54796,"structure_id":13787,"section_number":"24.2-947.7","catch_line":"Filing schedule for candidates for office; May elections","url":"\/24.2-947.7\/","token":"24.2\/9.3\/3\/24.2-947.7","metadata":false},{"id":66653,"structure_id":13787,"section_number":"24.2-947.8","catch_line":"Filing requirements for special elections","url":"\/24.2-947.8\/","token":"24.2\/9.3\/3\/24.2-947.8","metadata":false},{"id":86459,"structure_id":13787,"section_number":"24.2-947.9","catch_line":"Special report required of certain large pre-election contributions","url":"\/24.2-947.9\/","token":"24.2\/9.3\/3\/24.2-947.9","metadata":false},{"id":76613,"structure_id":13787,"section_number":"24.2-948","catch_line":"Repealed","url":"\/24.2-948\/","token":"24.2\/9.3\/3\/24.2-948","metadata":false},{"id":68047,"structure_id":13787,"section_number":"24.2-948.1","catch_line":"Exemption from reporting requirements for certain candidates for local office and for directors of soil and water conservation districts","url":"\/24.2-948.1\/","token":"24.2\/9.3\/3\/24.2-948.1","metadata":false},{"id":78290,"structure_id":13787,"section_number":"24.2-948.2","catch_line":"Reports as condition to qualification for office","url":"\/24.2-948.2\/","token":"24.2\/9.3\/3\/24.2-948.2","metadata":false},{"id":85156,"structure_id":13787,"section_number":"24.2-948.3","catch_line":"Compliance with reporting requirements of campaign finance disclosure act as requirement of candidacy for certain offices","url":"\/24.2-948.3\/","token":"24.2\/9.3\/3\/24.2-948.3","metadata":false},{"id":86477,"structure_id":13787,"section_number":"24.2-948.4","catch_line":"(Effective July 1, 2026) Final report requirement; disbursement of surplus funds","url":"\/24.2-948.4\/","token":"24.2\/9.3\/3\/24.2-948.4","metadata":false},{"id":83947,"structure_id":13787,"section_number":"24.2-948.5","catch_line":"Reviews of campaign finance reports and records","url":"\/24.2-948.5\/","token":"24.2\/9.3\/3\/24.2-948.5","metadata":false},{"id":64578,"structure_id":13787,"section_number":"24.2-948.6","catch_line":"(Effective July 1, 2026) Use of campaign funds","url":"\/24.2-948.6\/","token":"24.2\/9.3\/3\/24.2-948.6","metadata":false},{"id":68549,"structure_id":13787,"section_number":"24.2-948.7","catch_line":"(Effective July 1, 2026) Violations of the ban on personal use of campaign funds; complaint; notice; hearing; civil penalties","url":"\/24.2-948.7\/","token":"24.2\/9.3\/3\/24.2-948.7","metadata":false},{"id":85751,"structure_id":13787,"section_number":"24.2-948.8","catch_line":"(Effective July 1, 2026) Advisory opinions","url":"\/24.2-948.8\/","token":"24.2\/9.3\/3\/24.2-948.8","metadata":false},{"id":72361,"structure_id":13787,"section_number":"24.2-948.9","catch_line":"(Effective July 1, 2026) Prohibited Personal Use Enforcement Fund","url":"\/24.2-948.9\/","token":"24.2\/9.3\/3\/24.2-948.9","metadata":false}],"previous_section":{"id":72678,"structure_id":13787,"section_number":"24.2-947.11","catch_line":"Special report required of certain large pre-legislative session contributions","url":"\/24.2-947.11\/","token":"24.2\/9.3\/3\/24.2-947.11","metadata":false},"next_section":{"id":61214,"structure_id":13787,"section_number":"24.2-947.3","catch_line":"Campaign committee treasurer requirements and responsibilities","url":"\/24.2-947.3\/","token":"24.2\/9.3\/3\/24.2-947.3","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/24.2-947.2\/","history_text":"

This law was first created in 1970. The record of its establishment is cataloged in chapter 462 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1970 \u201cActs\u201d aren\u2019t available online. It has been modified 14 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1972, chapters 620 and 622; in 1975, chapter 515; in 1978, chapter 778; in 1983, chapter 119; in 1984, chapter 480; in 1993, chapter 641; in 1996, chapters 217<\/a> and 405<\/a>; in 2000, chapter 326<\/a>; in 2001, chapter 633<\/a>; in 2002, chapters 213<\/a> and 232<\/a>; in 2003, chapters 248<\/a> and 967<\/a>; in 2004, chapters 441<\/a>, 457<\/a>, and 480<\/a>; in 2006, chapters 787<\/a> and 892<\/a>; in 2020, chapter 349<\/a>.<\/p>","references":false,"refers_to":[{"id":69486,"section_number":"24.2-947.1","catch_line":"Statement of organization","order_by":null,"url":"\/24.2-947.1\/"}],"permalink":{"id":189113,"object_type":"law","relational_id":66685,"identifier":"24.2-947.2","token":"24.2\/9.3\/3\/24.2-947.2","url":"\/24.2-947.2\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/24.2-947.2\/","token":"24.2\/9.3\/3\/24.2-947.2","dublin_core":{"Title":"Campaign depositories; reimbursements of expenses; petty cash fund","Type":"Text","Format":"text\/html","Identifier":"\u00a7 24.2-947.2","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Upon meeting any of the requirements of subsection A of § 24.2-947.1<\/a>, the candidate<\/span> shall designate a campaign depository, which shall be maintained in a financial institution within the Commonwealth, in an account properly identifying the name of and the existence of the political candidacy. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> No candidate<\/span>, campaign treasurer, or other individual shall pay any expense on behalf of a candidate<\/span>, directly or indirectly, except by a check or electronic debit drawn on such designated depository identifying the name of the campaign committee and candidate<\/span>. However, a candidate<\/span>, treasurer, or other authorized member of the candidate<\/span>’s campaign staff may be reimbursed, by a check or electronic debit drawn on the designated depository, or according to the provisions of subsection C, for the payment of expenses (i) paid by him by cash, check or electronic debit, or credit card, (ii) made on behalf of the campaign, and (iii) fully documented by complete records of the expenditure, maintained as required by this chapter, and including receipts identifying the nature of the expenses and the names and addresses of each person paid by the recipient of the reimbursement. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> A campaign committee (i) may establish a petty cash fund to be utilized for the purpose of making expenditures or reimbursing verified credit card expenditures of less than $200 if complete records of such expenditures are maintained as required by this chapter and (ii) may transfer funds from the designated campaign depository to an account or instrument to earn interest on the funds so long as the transferred funds and earned interest are returned to the designated depository account, complete records are maintained, and all expenditures are made through the designated depository account. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> 1. Notwithstanding the provisions of this section pertaining to campaign committee depositories and accounts, the campaign committee’s treasurer may establish a separate federal compliance account in the candidate<\/span>’s designated campaign depository for the purpose of complying with requirements of federal law<\/span> including, without limitation, restrictions on sources and amounts of campaign contributions applicable to federal candidates<\/span> and officeholders. The candidate<\/span> and campaign treasurer shall report all contributions and expenditures for an account established pursuant to this subsection on a consolidated basis with the candidate<\/span>’s campaign account established pursuant to this section in disclosure reports filed pursuant to this article. In addition, the treasurer may transfer funds from a federal compliance account created pursuant to this subsection to an account or instrument to earn interest on the funds so long as the transferred funds and earned interest are returned to the designated depository account created pursuant to subsection A, complete records are maintained, and all expenditures are made through the designated depository account. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> A committee registered with the Federal Election<\/span> Commission which is not otherwise required by this chapter to file with the State Board<\/span>, shall not be deemed to have triggered such filing requirements solely by virtue of one or more contributions to one or more federal compliance accounts created pursuant to this subsection. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCAMPAIGN DEPOSITORIES; REIMBURSEMENTS OF EXPENSES; PETTY CASH FUND (\u00a7\n24.2-947.2)\n\nA. Upon meeting any of the requirements of subsection A of § 24.2-947.1,\nthe candidate shall designate a campaign depository, which shall be maintained\nin a financial institution within the Commonwealth, in an account properly\nidentifying the name of and the existence of the political candidacy.\n\nB. No candidate, campaign treasurer, or other individual shall pay any expense\non behalf of a candidate, directly or indirectly, except by a check or\nelectronic debit drawn on such designated depository identifying the name of the\ncampaign committee and candidate. However, a candidate, treasurer, or other\nauthorized member of the candidate’s campaign staff may be reimbursed, by\na check or electronic debit drawn on the designated depository, or according to\nthe provisions of subsection C, for the payment of expenses (i) paid by him by\ncash, check or electronic debit, or credit card, (ii) made on behalf of the\ncampaign, and (iii) fully documented by complete records of the expenditure,\nmaintained as required by this chapter, and including receipts identifying the\nnature of the expenses and the names and addresses of each person paid by the\nrecipient of the reimbursement.\n\nC. A campaign committee (i) may establish a petty cash fund to be utilized for\nthe purpose of making expenditures or reimbursing verified credit card\nexpenditures of less than $200 if complete records of such expenditures are\nmaintained as required by this chapter and (ii) may transfer funds from the\ndesignated campaign depository to an account or instrument to earn interest on\nthe funds so long as the transferred funds and earned interest are returned to\nthe designated depository account, complete records are maintained, and all\nexpenditures are made through the designated depository account.\n\nD. 1. Notwithstanding the provisions of this section pertaining to campaign\ncommittee depositories and accounts, the campaign committee’s treasurer\nmay establish a separate federal compliance account in the candidate’s\ndesignated campaign depository for the purpose of complying with requirements of\nfederal law including, without limitation, restrictions on sources and amounts\nof campaign contributions applicable to federal candidates and officeholders.\nThe candidate and campaign treasurer shall report all contributions and\nexpenditures for an account established pursuant to this subsection on a\nconsolidated basis with the candidate’s campaign account established\npursuant to this section in disclosure reports filed pursuant to this article.\nIn addition, the treasurer may transfer funds from a federal compliance account\ncreated pursuant to this subsection to an account or instrument to earn interest\non the funds so long as the transferred funds and earned interest are returned\nto the designated depository account created pursuant to subsection A, complete\nrecords are maintained, and all expenditures are made through the designated\ndepository account.\n\n 2. A committee registered with the Federal Election Commission which is not\n otherwise required by this chapter to file with the State Board, shall not be\n deemed to have triggered such filing requirements solely by virtue of one or\n more contributions to one or more federal compliance accounts created pursuant\n to this subsection.\n\nHISTORY: 1970, c. 462, \u00a7\u00a7 24.1-253, 24.1-254; 1971, Ex. Sess., c. 222; 1972,\ncc. 620, 622; 1975, c. 515; 1978, c. 778; 1983, c. 119; 1984, c. 480; 1993, c.\n641, \u00a7\u00a7 24.2-904, 24.2-905; 1996, cc. 217, 405; 2000, c. 326; 2001, c. 633;\n2002, cc. 213, 232; 2003, cc. 248, 967, \u00a7 24.2-905.1; 2004, cc. 441, 457, 480;\n2006, cc. 787, 892; 2020, c. 349.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}