Tenn. Comp. R. & Regs. 0530-01-03-.03 - ATTRIBUTION OF CAMPAIGN CONTRIBUTIONS
(1) A candidate's
campaign financial disclosure report must disclose the particular election for
which each itemized contribution is allocated. The Registry staff will return a
campaign financial disclosure report to a candidate for such designations if
the allocations are not indicated on the report.
(2) A candidate who has outstanding loans
and/or obligations from a previous election cycle may accept contributions in
the current election to apply to the loans of the previous election. However,
these contributions count towards the current election campaign contribution
limits whether they are used to pay off the previous campaign loans and/or
obligations or used in the current election campaign.
(3) Contributions made by written instrument,
such as a check, shall be attributed to the payor of the instrument, unless
otherwise indicated.
(4) Any
reduction in the unpaid balance of a loan shall reduce proportionally the
amount endorsed or guaranteed by each endorser or guarantor. Once the loan is
repaid in full, the guarantee or endorsement no longer counts against such
guarantor's or endorser's contribution limits.
Notes
Authority: T.C.A. §§ 2-10-112, 2-10-207(1), 2-10-304(b), and 2-10-309.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
(1) A candidate's campaign financial disclosure report must disclose the particular election for which each itemized contribution is allocated. The Registry staff will return a campaign financial disclosure report to a candidate for such designations if the allocations are not indicated on the report.
(2) A candidate who has outstanding loans and/or obligations from a previous election cycle may accept contributions in the current election to apply to the loans of the previous election. However, these contributions count towards the current election campaign contribution limits whether they are used to pay off the previous campaign loans and/or obligations or used in the current election campaign.
(3) Contributions made by written instrument, such as a check, shall be attributed to the payor of the instrument, unless otherwise indicated.
(4) Any reduction in the unpaid balance of a loan shall reduce proportionally the amount endorsed or guaranteed by each endorser or guarantor. Once the loan is repaid in full, the guarantee or endorsement no longer counts against such guarantor's or endorser's contribution limits.
Notes
Authority: T.C.A. §§ 2-10-112, 2-10-207(1), 2-10-304(b), and 2-10-309.