Instructions For Form Mcec - Monthly Filing County Executive Committee Campaign Finance Report Page 15
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27Form MCEC – Instruction Guide
SCHEDULE E: LOANS
These instructions are for county executive committee campaign treasurers filing monthly. Enter on
SCHEDULE E: LOANS only information about loans, and guarantees of loans, accepted during the reporting
period for political purposes.
You must itemize loans that exceed $10 that the committee accepted during the period from one
person. If the committee accepted two or more loans from the same person, the total of which
exceeds $10, itemize each loan separately. Although you are not required to do so, you may also
itemize loans that do not exceed $10.
Each numbered item in these instructions corresponds to the same numbered item on the form.
1. TOTAL PAGES SCHEDULE E: After you have completed Schedule E, count the total
number of pages. A “page” is one side of a two-sided form.
2. FILER NAME: Enter the committee’s full name.
3. ACCOUNT #: Enter the account number assigned by the Ethics Commission.
4. TOTAL OF UNITEMIZED LOANS: Enter the total amount of loans accepted during the
reporting period that did not exceed $10 in the aggregate per person and were not from financial
institutions.
Although you are not required to do so, you may also itemize loans of $10 or less from persons
other than financial institutions on this schedule. If you itemize some loans of $10 or less, do not
include those loans in the total you enter here. If you choose to itemize all loans of $10 or less,
do not enter a total amount here.
5. DATE OF LOAN: Enter the date the committee accepted the loan.
6. IS LENDER A FINANCIAL INSTITUTION?: If the committee accepted the loan from a
corporation that has been legally engaged in the business of making loans for more than one year,
circle the “Y” for yes. If the committee accepted the loan from any other source, circle “N” for
no. Remember that a loan from a corporation that is not a financial institution that has been
legally engaged in the business of making loans for more than one year is corporate contribution.
Subject to various restrictions, a corporation or labor organization may make contributions to a
political party. If the county executive committee of a political party accepts contributions from
a corporation or labor organization, the county chair must report those contributions and
expenditures from those contributions on the “
POLITICAL PARTY REPORT REGARDING FUNDS
FROM CORPORATIONS AND LABOR ORGANIZATIONS” (Form PTY-CORP)
.
7. NAME OF LENDER: Enter the full name of the person or financial institution that made the
loan.
“Out-Of-State PAC” Box: See instructions for Schedule A, Box 5.
Texas Ethics Commission
Page 13
Revised 07/28/2014
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