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Difference between revisions of "Federal Election Commission"

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(Quarterly reports)
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| align="center" |Year-End 2012
| align="center" |Year-End 2014
| align="center" | November 25 – December 31, 2014
| align="center" | November 25 – December 31, 2014
| align="center" | January 31, 2015
| align="center" | January 31, 2015

Revision as of 15:23, 26 February 2014

Features of Congress

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The Federal Election Commission (FEC) is an independent regulatory agency created by Congress in 1975 to administer and enforce the Federal Elections Campaign Act. The FEC is responsible for disclosing campaign finance information, enforcing limits and prohibitions on contributions and the oversight of the public funding of presidential elections.[1]

The six members of the commission are appointed by the President and confirmed by the Senate. They each serve six-year terms, with two seats up for appointment every two years.[1]

Requirements for candidacy

According to the FEC, an individual becomes a federal candidate, and must begin to report their campaign finances, once he or she has either raised or spent $5,000 in pursuit of his or her campaign. Within fifteen days of this benchmark for status as a candidate, the candidate must register with the FEC and designate an official campaign committee, to be responsible for the funds and expenditures of the campaign. This committee must have an official treasurer, and cannot support any candidate but the one who registered the committee. Detailed financial reports are then made to the FEC every financial quarter after the individual is registered with the FEC. Reports are also made before primaries and before the general election.[2]

2014 reporting

Hacked during shutdown

According to a report by the Center for Public Integrity, the FEC was hacked during the October 2013 government shutdown. All 339 FEC employees were furloughed when Chinese hackers infiltrated their computer system. This came after a security audit done in 2012. The results of the audit were:[3]

"Without adopting and implementing National Institute of Science and Technology minimum security controls, the FEC’s computer network, data and information is at an increased risk of loss, theft, manipulation, [and] interruption of operations."

Quarterly reports

Note: Filing deadlines were not extended when they fall on nonworking days.
2014 Quarterly Reports[4]
Report Period covered Deadline
Year-End 2013 October 1 – December 31, 2013 January 31, 2014
April Quarterly January 1 – March 31, 2014 April 15, 2014
July Quarterly April 1 – June 30, 2014 July 15, 2014
October Quarterly July 1 – September 30, 2014 October 15, 2014
Pre-General October 1 – October 15, 2014 October 23, 2014
Post-General October 16 – November 24, 2014 December 4, 2014
Year-End 2014 November 25 – December 31, 2014 January 31, 2015

2012 reports

Candidates for President, Congress, State, District and Local Party Committees and political action committees were required to file seven quarterly reports in 2012. Congressional campaigns were required to file if they raised or spent over $5,000 during the election cycle.[5] The required reports were as follows:[6]

Note: Filing deadlines were not extended when they fall on nonworking days.

Quarterly reports

2012 Quarterly Reports
Report Period covered Deadline
Year-End 2011 October 1 – December 31, 2011 January 31, 2012
April Quarterly January 1 – March 31, 2012 April 15, 2012
July Quarterly April 1 – June 30, 2012 July 15, 2012
October Quarterly July 1 – September 30, 2012 October 15, 2012
Pre-General October 1 – October 17, 2012 October 25, 2012
Post-General October 18 – November 26, 2012 December 6, 2012
Year-End 2012 November 27 – December 31, 2012 January 31, 2013

Pre-election reports

All 2012 candidates for U.S. House and Senate were required a pre-election report if the candidate ran in the election. Political parties and PACs were only required to file pre-election reports if they were filing on a quarterly basis and they made previously undisclosed contributions or expenditures in connection with any primary and/or runoff.[6]

Deadlines for these reports varied by state. A full listing can be found on the FEC's website.

Independent expenditures

Depending on the date and amount of expenditure, some political committees and other persons were required to disclose independent expenditures within 24 or 48 hours.[6]

These reports varied by state. A full listing can be found on the FEC's website.

Structure of the FEC

As of April 30, 2013, the Commission's six seats had one vacant seat and the other five sitting members' terms had expired.[7] President Obama had nominated a replacement, labor lawyer John Sullivan, for the open seat in May 2009, but the Senate placed a hold on the nomination for over a year before Obama withdrew the nomination.[8]

External links