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007 of 1991 - Campaign Finance Disclosure0 91-1 0 91-5 SALT LAKE CITY ORDINANCE No. 7 of 1991 (Campaign Financing Disclosure) AN ORDINANCE AMENDING SECTIONS 2.46.050 and 2.46.080, SALT LAKE CITY CODE, RELATING TO CAMPAIGN FINANCING DISCLOSURE. NOW, THEREFORE, be it ordained by the City Council of Salt Lake City, Utah: SECTION 1. That Section 2.46.050, Salt Lake City Code, relating to limitations on contributions to candidates, be, and the same hereby is, amended to read as follows: 2.46.050 Contributions to candidates --Limitations. A. No person shall make cash contributions during any one reporting period as set forth in this chapter, to any candidate or his or her authorized personal campaign committee, or to any political committee with respect to any election for city office, which exceeds S50; however, there shall be no limit as to the amount contributed by a person to a personal campaign committee or a political committee if that contribution is made in the form of a personal or certified check or bank draft. B. SECTION 2. That Section 2.46.080, Salt Lake City Code, relating to filing dates for financial statements, be, and the same hereby is, amended to read as follows: 2.46.080 Financial statements --Filing dates. A. Each political committee and personal campaign committee shall file with the city recorder a verified financial statement containing the information required in this chapter, on the following dates: 1. On the fifteenth day prior to any election; 2. Not later than thirty days after the date of the general election; and 3. On the fifteenth day of February of every year unless a termination report has been filed with the city recorder as provided by subsection G of this section 2.46.080 or its successor. B. Candidates for elective office who are eliminated at a primary election shall file a signed campaign financial statement containing the information required by this section not later than thirty days after the primary election. C. The statement shall contain all expenditures and contributions within the reporting period. The closing date for each statement shall be the date on which the statement must be filed. Each financial statement shall contain: 1. A summary of contributions, expenditures, loans and debts reported in previously filed financial statements; 2. A list of each contribution in excess of fifty dollars received by the committee, the name and address of each contributor, and the date on which each such contribution was received; 3. An aggregate total of all contributions of fifty dollars or less received by the committee; 4. A list of all expenditures made and obligations incurred but not paid during the reporting period, the name and address of every recipient to whom disbursement was made, and the purposes of the expenditure made or obligation incurred. D. Each statement shall be certified by the secretary or by the chairperson of the committee certifying to the effect that all contributions and expenditures not heretofore reported have been reported and that there are no bills or obligations outstanding and unpaid except as set forth in the report. E. In the event the committee had no contributions or expenditures during the reporting period the statement shall state that no contributions have been received nor any expenditures made. F. Within thirty days after distribution of any surplus and/or the payment or compromise of all debts, a political committee or personal campaign committee shall file a financial statement with the city recorder. The financial statement shall state the amount of such surplus and the name and address of any recipient of such surplus, and shall identify any debt which was paid or compromised and the name and address of any person to whom any debt was paid or compromised. G. In the event a political committee or personal campaign committee has permanently ceased operations, the secretary or chairperson of the committee shall file a termination report with the city recorder certifying that the personal or political committee has permanently ceased operations. H. The requirements of this chapter shall not be construed to abrogate the necessity of complying with any other reporting or disclosure required by law. SECTION 3. EFFECTIVE DATE. This ordinance shall become effective upon the date of its first publication. Passed by the City Council of Salt Lake City, Utah, this 12th day of February , 1991. CHAIRPERSON ATTEST: C 'T ; ORDER ransmitted to the Mayor on February 12, 1991 Mayor's action: XX Approved Vetoed. mAy9f/444A aa-s "air Lake 46 ROGL;•43.�� O°0.4 l 4fioi;l Y's Office ci, (SEAL) Bill No. 7 OF 1991. Published: February 15, 1991 LVS:rc 1/30/91