Your web browser is not supported You're using Internet Explorer, some features might not work. Please switch to another browser like Chrome, Firefox, or Edge for a better experience.


An official website of the United States government Here's how you know
 **Official websites use .gov**
            
            A **.gov** website belongs to an official government organization in the United States.
 **Secure .gov websites use HTTPS**
            
            A **lock** ( A locked padlock ) or **https://** means you've safely connected to the .gov website. Share sensitive information only on official, secure websites.


Federal Election Commission | United States of America Calendar
           Glossary
          Search
              Search


Menu
      Home
      Campaign finance data
        All data
            Raising
            Spending
            Loans and debts
            Filings and reports
            Candidates
            Committees
            Bulk data
            Campaign finance statistics
        Find elections. Search by state or ZIP code
          Look up contributions from specific individuals
      Help for candidates and committees
        All compliance resources
            Guides
            Forms
            Dates and deadlines
            Trainings
        Learn about electronic filing
          Find and contact your committee's analyst
      Legal resources
        All legal resources
            Advisory opinions
            Enforcement
            Statutes
            Legislation
            Regulations
            Court cases
            Policy and other guidance
        Search across all legal resources
          Search guidance documents
      About
        All about the FEC
            News and announcements
            Commission meetings
            Mission and history
            Leadership and structure
            Reports about the FEC
            Careers
            Working with the FEC
            Contact
        Introduction to campaign finance and elections


- Home
- ›
        Help for candidates and committees
- ›
      Appointing a treasurer

Appointing a treasurer Every political committee must designate a treasurer before it can accept contributions or make expenditures. Designate your treasurer on your Statement of Organization (Form 1). Treasurers must ensure committee reports and statements are complete, accurate and timely. This is a significant responsibility—if there’s an enforcement action against a committee, the treasurer is usually named as a respondent. Treasurers can be found officially (or, in some circumstances, personally) liable for the actions they take. Treasurers: Sign and file all committee reports and statements.Deposit receipts in the committee’s designated bank within 10 days of receipt.Authorize expenditures or appoint someone else (orally or in writing) to authorize expenditures.Monitor contributions, ensuring they comply with legal limits and prohibitions.Keep records of receipts and disbursements for three years from the filing date of the report to which they relate. A candidate can choose to act as his or her own committee treasurer. Assistant treasurer A committee can’t raise or spend money unless it has a treasurer. For that reason, the FEC urges every committee to designate an assistant treasurer on its Statement of Organization. If the treasurer resigns or is unavailable, the assistant treasurer can perform any of the duties listed. The assistant treasurer should be aware of all filing requirements and have access to the committee’s electronic filing password, if the committee files electronically. Changing treasurers Committees must report a change in treasurer within 10 days of the change. Most do this by filing an amended Statement of Organization. This amended form designates (and is signed by) the new treasurer. Treasurers can also resign by informing the FEC directly by letter or—in the case of electronic filers—by Form 99. Committees typically disclose a treasurer’s resignation by naming a replacement. The committee informs the FEC of a change in treasurer by filing an amended Form 1, which is signed by the new treasurer. However, in some circumstances a treasurer simply resigns without the appointing of a replacement by submitting a letter of resignation to the FEC. (Electronic filers use Form 99.) The letter’s stated purpose is to amend the committee’s Statement of Organization to reflect the resignation of the treasurer as of a particular date.
 Read next
            
          
            
          Getting a tax ID and a bank accountOther agency requirementsFiling amendmentsTrainings From the FEC Record Committee treasurers (2017)
Treasurer's liability
 Need help? Get help from the FEC by phone or email
 Continue learning about this topic Committee treasurers
 Legal citations Regulations 11 CFR 102.2(a)Statement of Organization: forms and committee identification number 11 CFR 102.7(a), (b) and (c)Organization of political committees 11 CFR 102.9(c)Accounting for contributions and expenditures 11 CFR 103.3(a) and (b)Deposit of receipts and disbursements 11 CFR 104.14(a), (b) and (d)Formal requirements regarding reports and statements
 Statutes 52 U.S.C. § 30102(a)Organization of political committees
 Federal Register notices 70 Fed. Reg. 3 (January 3, 20015)Statement of policy regarding treasurers subject to enforcement proceedings


This information is not intended to replace the law or to change its meaning, nor does this information create or confer any rights for or on any person or bind the Federal Election Commission or the public. The reader is encouraged also to consult the Federal Election Campaign Act of 1971, as amended (52 U.S.C. 30101 et seq.), Commission regulations (Title 11 of the Code of Federal Regulations), Commission advisory opinions and applicable court decisions.


About
          Careers
          Press
          Contact
   Privacy and security policy
          Plain language
          No FEAR Act
          Strategy, budget and performance
 Open government
          Protected Voices
          USA.gov
          Inspector General
          FOIA
 OpenFEC API
          GitHub repository
          Release notes
          FEC.gov status


Federal Election Commission
 The FEC's Twitter page
            The FEC's YouTube page Sign up for FECMail


Hide glossary Glossary Search terms