Arkansas Administrative Code › Agency 153 - Arkansas Ethics Commission › Rule 153.00.09-002 - Rules on Campaign Finance & Disclosure

Current through Register Vol. 49, No. 6, June, 2024
§ 200
Definitions
(a) "Approved political action committee"
		  means any person who receives contributions from one or more persons in order
		  to make contributions to candidates, ballot question committees, legislative
		  question committees, political parties, county political party committees, or
		  other political action committees; does not accept any contribution or
		  cumulative contributions in excess of five thousand dollars ($5,000) from any
		  person in any calendar year; and has registered pursuant to Ark. Code Ann.
		  §
								7-6-215
		  prior to making contributions. "Approved political action committee" does not
		  include political parties, county political party committees, the candidate's
		  own campaign committee, exploratory committees, or ballot or legislative
		  question committees.1
(b) "Candidate" means any individual who has
		  knowingly and willingly taken affirmative action, including solicitation of
		  funds, for the purpose of seeking nomination for or election to any public
		  office.2
(c) "Contribution" means, whether direct or
		  indirect, advances, deposits, or transfers of funds, contracts, or obligations,
		  whether or not legally enforceable, payments, gifts, subscriptions,
		  assessments, payment for services, dues, advancements, forbearance, loans,
		  pledge or promise of money or anything of value, whether or not legally
		  enforceable, to a candidate, committee, or holder of elective office, made for
		  the purpose of influencing the nomination or election of any candidate;
"Contribution" includes the purchase of tickets for events such
			 as dinners, luncheons, rallies, and similar fund-raising events; the granting
			 of discounts or rebates by television stations, radio stations, and newspapers
			 not extended on an equal basis to all candidates for the same office; and any
			 payments for the services of any person serving as an agent of a candidate or
			 committee by a person other than the candidate or committee or persons whose
			 expenditures the candidates or committee must report under these rules. The
			 term "contribution" further includes any transfer of anything of value received
			 by a committee from another committee; "Contribution" shall not include
			 noncompensated, nonreimbursed, volunteer personal services or
			 travel.3
(d) "Carryover funds" means the amount of
		  campaign funds retained from the last election by the candidate for future use
		  but not to exceed the annual salary, excluding expense allowances, set by
		  Arkansas law for the office sought.4
(e) "County political party committee" means
		  a person that is organized at the county level for the purpose of supporting
		  its affiliate party and making contributions; is recognized by an organized
		  political party, as defined in Ark. Code Ann. §
								7-1-101, as being
		  affiliated with that political party; receives contributions from one (1) or
		  more persons in order to make contributions to candidates, ballot question
		  committees, legislative question committees, political parties, political
		  action committees, or other county political party committees; does not accept
		  any contribution or cumulative contributions in excess of five thousand dollars
		  ($5,000) from any person in any calendar year; and registers pursuant to Ark.
		  Code Ann. §
								7-6-226
		  prior to making contributions.5
(f) "Election" means each election to be held
		  to nominate or elect a candidate to any public office, including school
		  elections. For the purposes of these rules, a preferential primary election, a
		  runoff election, a special election, and a general election shall each
		  constitute a separate election.6
(g) "Expenditure" means a purchase, payment,
		  distribution, gift, loan, or advance of money or anything of value, and a
		  contract, promise, or agreement to make an expenditure, made for the purpose of
		  influencing the nomination or election of any
		  candidate.7
(h) "Exploratory committee" means a person
		  who receives contributions which are held to be transferred to the campaign of
		  a single candidate in an election.
"Exploratory committee" shall not include an organized political
			 party as defined in Ark. Code Ann. §
									7-1-101 or the
			 candidate's own campaign committee.8 For a more
			 detailed description of an "exploratory committee" and its duties,
see
§§ 251-252 herein.
(i) "Fair market value" means the price the
		  good or service would bring between a willing seller and a willing buyer in the
		  open market after negotiations.
See
Minerva Enterprises, Inc.
		  v. Howlett, 308 Ark. 291, 824 S.W.2d 377 (1992).
(j) "Financial institution" means any
		  commercial bank, savings and loan, mutual savings bank or savings bank, credit
		  union, insurance company, brokerage house, or any corporation that is in the
		  business of lending money and that is subject to state or federal
		  regulation.9
(k) "Guarantor" means a person who makes a
		  guaranty for a debt, the liability for which does not begin until the principal
		  debtor is in default.
(l) "In-kind
		  contribution" means a contribution of goods, services, or any other thing of
		  value, or its use, other than money and includes an agreement made or other
		  obligation incurred, whether legally enforceable or not, to make such a
		  contribution in the future. The term does not include direct campaign
		  contributions. For a more detailed discussion of in-kind contributions,
see
§ 205 of these rules.
(m) "Independent expenditure" means any
		  expenditure which is not a contribution and expressly advocates the election or
		  defeat of a clearly identified candidate for office; is made without
		  arrangement, cooperation, or consultation between any candidate or any
		  authorized committee or agent of the candidate and the person making the
		  expenditure or any authorized agent of that person; and is not made in concert
		  with or at the request or suggestion of any candidate or any authorized
		  committee or agent of the candidate.10
(n) "Independent expenditure committee" means
		  any person who receives contributions from one (1) or more persons in order to
		  make an independent expenditure and is registered pursuant to Ark. Code Ann.
		  §
								7-6-227
		  prior to making expenditures.11
(o) "Legislative caucus committee" means a
		  person that is composed exclusively of members of the General Assembly, that
		  elects or appoints officers and recognizes identified legislators as members of
		  the organization, and that exists for research and other support of policy
		  development and interests that the membership hold in common. A "legislative
		  caucus committee" includes, but is not limited to, a political party caucus of
		  the General Assembly, the Senate, or the House of Representatives. An
		  organization whose only nonlegislator members are the Lieutenant Governor or
		  the Governor is a "legislative caucus committee" under these
		  rules.12
(p) "Person" means any individual,
		  proprietorship, firm, partnership, joint venture, syndicate, labor union,
		  business trust, company, corporation, association, committee, or any other
		  organization or group of persons acting in concert. It shall also include
		  organized political parties as defined in Ark. Code Ann. §
								7-1-101, county
		  political party committees, and legislative caucus
		  committees.13
(q) "Political party" means any group of
		  voters which, at the last-preceding general election, polled for its candidate
		  for Governor in the state or nominees for presidential electors at least three
		  percent (3%) of the entire vote cast for the office; or which has filed a
		  petition with the Secretary of State containing at the time of filing the
		  signatures of at least ten thousand (10,000) registered voters in the State of
		  Arkansas, declaring the intention of organizing a political party, the name of
		  which shall be stated in the declaration, and of participating in the next
		  general election, and which has been declared a new political party by the
		  Secretary of State.
When any political party fails to obtain three percent (3%) of
			 the total votes cast at an election for the Office of Governor or nominees for
			 presidential electors, it shall cease to be a political
			 party.14
(r) "Prohibited political action committee"
		  means any person who receives contributions from one or more persons in order
		  to make contributions to candidates but who does not meet the requirements of
		  an approved political action committee. "Prohibited political action committee"
		  shall not include an organized political party as defined in Ark. Code Ann.
		  §
								7-1-101, the
		  candidate's own campaign committee, a county political party committee, an
		  exploratory committee, or a ballot or legislative question
		  committee.15
(s) "Public office" means any office created
		  by or under authority of the laws of the State of Arkansas, or of a subdivision
		  thereof, that is filled by the voters, except a federal
		  office.16
(t) "Surplus campaign funds" means any
		  balance of campaign funds over expenses incurred as of the day of the election
		  except for:
(A) Carryover funds; and
(B) Any funds required to repay loans made by
		  the candidate from his or her personal funds to the campaign or to repay loans
		  made by financial institutions to the candidate and applied to the
		  campaign.17