                                 CODE OF VIRGINIA

LARGE DOLLAR CONTRIBUTION REPORTING REQUIREMENT FOR INAUGURAL COMMITTEES (§
24.2-952.5)

In addition to the reports required by § 24.2-952.4, inaugural committees shall
report any single contribution or loan of $10,000 or more received at any time
during the calendar year within three business days of receipt of the
contribution or loan.

1. The report shall be filed on a &#8220;large dollar contribution report&#8221;
form prescribed by the State Board and shall be filed in writing or
electronically in the same manner as the committee files its quarterly
disclosure reports.

2. Any contribution or loan reported pursuant to this section shall also be
reported on the next subsequent report required under &#xA7; 24.2-952.4
following receipt of the contribution or loan.

3. For the purposes of this section, inaugural committees shall report as one
contribution multiple contributions from a single source that have been
subdivided into smaller amounts or given through different bank accounts for the
purpose of evading the $10,000 threshold.

4. An inaugural committee that receives contributions from affiliated
organizations shall not be deemed to be receiving contributions from a single
source.

HISTORY: 1984, c. 480, § 24.1-923; 1991, cc. 9, 474, 709, § 24.1-254.3; 1993,
cc. 639, 641, § 24.2-913, 24.2-923; 1995, c. 785; 2002, cc. 156, 237; 2003, c.
256; 2004, c. 26; 2005, c. 9; 2006, cc. 787, 892.