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INSTRUCTIONS FOR FEC FORM 3 AND RELATED SCHEDULES

presumptive redesignations, 11 CFR

Guide for Congressional Candidates.

value of the exempt legal or accounting

110.1(k)(3)(ii)(B) for presumptive

Contributions of stocks, bonds, art

services, and state that the receipt is for

reattributions, and 11 CFR 104.8 and

objects, and other similar items to be

“exempt legal or accounting service.”

the Campaign Guide for the reporting

liquidated must be reported as follows:

The total amount of exempt legal or

of these types of contributions.

(1) If the item has not been liq-

accounting services must be entered

Contributions In-Kind. Contribu-

uidated at the close of the reporting

on the line for “Total This Period” on

tions in-kind (i.e., goods and services

period, the committee must record as a

the bottom of Schedule A, but the total

provided to a political committee) are

memo entry (not as cash) on Schedule

amount may not be carried forward

treated as any other contribution and

A the item’s fair market value on the

to any category or line number on the

must be reported and itemized under

date received, including the name and

Detailed Summary Page.

the appropriate category of receipts.

mailing address (and when in excess

For example, a contribution in-kind

of $200, the occupation and name of

Earmarked Contributions. For each

from an individual must be itemized

the employer) of the contributor. The

earmarked contribution received

on Schedule A and reported under

total amount of items to be liquidated

(regardless of the amount), the politi-

the category for “Contributions From

must be entered under “Total This

cal committee must report on Schedule

Individuals/Persons Other Than Polit-

Period” on the last line of Schedule

A the name and address of the orig-

ical Committees.” The value of each

A. This amount must NOT be carried

inal contributor, the date of receipt

contribution in-kind must be entered

and the amount of the contribution

forward to the Detailed Summary

in the “Amount of Each Receipt This

Page.

and, if the original contributor makes

Period” column. The amount or value

(2) When the item is sold, the

contributions aggregating in excess of

of the contribution in-kind is the dif-

committee must report the proceeds

$200 to the political committee during

ference between the usual and normal

and include them in the appropriate

the election cycle, the occupation and

charge for the goods or services at

categories on the Detailed Summary

name of employer. If the contribution

the time of the contribution and the

Page. It must also report the (i) name

passes through the political com-

amount charged the political com-

and mailing address (and, where in

mittee’s account and is forwarded to

mittee. The “aggregate election cycle-

excess of $200, the occupation and

another political committee or federal

to-date” total must include the total

name of employer) of the purchaser

candidate, the conduit committee must

amount of all contributions which the

on Schedule A, if purchased directly

disclose each contribution, regardless

person has contributed to the com-

from the committee (the purchaser is

of the amount, on both Schedule

mittee during the election cycle. The

considered to have made a contribu-

A and Schedule B and include the

item must be labeled “contribution

tion to the committee); and (ii) the

amount under the appropriate category

in-kind” and include the nature of the

identification of the original contrib-

of receipts and disbursements. If the

contribution (e.g., consulting, poll-

utor on Schedule A.

contribution was passed on in the form

ing, etc.). Each contribution in-kind

of the contributor’s check, the conduit

must also be reported in the same

Exempt Legal or Accounting Ser-

must disclose each contribution on a

vices. Legal or accounting services

manner as an operating expense on

separate Schedule A attached to the

Schedule B and included in the total

rendered to or on behalf of an autho-

conduit’s (intermediary) next report

for “Operating Expenditures” (Note:

rized committee of a candidate or

and the amounts of such contributions

A political committee which makes a

any other political committee are not

are not required to be included in the

contribution in-kind only reports it as

contributions or expenditure and are

totals for the appropriate categories of

a disbursement and itemizes the trans-

not, therefore, subject to the contri-

receipts and disbursements. If a polit-

action on Schedule B with a notation

bution limitations and prohibitions,

ical committee is not a conduit, but

“contribution in-kind.” The purpose

if the person paying for the services is

is the intended recipient, the political

of the expenditures (e.g., consulting,

the regular employer of the individual

committee must report each conduit

polling, etc.) and the aggregated elec-

rendering the services and if the ser-

through which the earmarked contri-

tion cycle-to-date amount must also

vices are solely to ensure compliance

bution passed, including the name and

be provided. The committee receiving

with the Act.

address of the conduit, the date the

the contribution in-kind must report it

The political committee must item-

earmarked contribution was received

as both a receipt and an expenditure.)

ize as a memo entry on a separate

from the conduit by the recipient com-

Note that special reporting rules apply

Schedule A each person who provides

mittee, and whether the contribution

when an individual makes an advance

legal or accounting services to the

was passed on in cash, by the contrib-

of personal funds for a good or service

political committee in an aggregate

utor’s check, or by the conduit’s check.

but expects to be reimbursed. See the

value or amount in excess of $200

If the conduit exercises direction and

instructions for reporting “reimbursed

within the election cycle, together with

control over the contribution, the

advances by staff ” in the Campaign

the date of receipt and amount or

earmarked contribution must also be

Page 10

Federal Election Commission (Revised 05/2016)

Fec Form 3 - Report Of Receipts And Disbursements For An Authorized Committee Instructions Page 10

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