Section 1502 – Campaign financial reporting of expenditures — Filing requirements — Statement contents.

• (1)
  • (a) Each labor organization that has made expenditures for political purposes or political issues expenditures on current or proposed ballot issues that total at least $750 during a calendar year shall file a verified financial statement with the lieutenant governor’s office:
    • (i) on January 10, reporting expenditures as of December 31 of the previous year;
    • (ii) seven days before the regular primary election date;
    • (iii) on September 30; and
    • (iv) seven days before the regular general election date.
  • (b) The labor organization shall report:
    • (i) a detailed listing of all expenditures made since the last statement; and
    • (ii) for a financial statement described in Subsections (1)(a)(ii) through (iv), all expenditures as of five days before the required filing date of the financial statement.
  • (c) The labor organization is not required to file a financial statement under this section if the labor organization:
    • (i) made no expenditures during the reporting period; or
    • (ii) reports the labor organization’s expenditures during the reporting period under another part of this chapter.

• (2) The financial statement shall include:
  • (a) the name and address of each reporting entity that received an expenditure or political issues expenditure of more than $50 from the labor organization, and the amount of each expenditure or political issues expenditure;
  • (b) the total amount of expenditures disbursed by the labor organization; and
  • (c) a statement by the labor organization’s treasurer or chief financial officer certifying the accuracy of the financial statement.

Amended by Chapter 83, 2018 General Session