Iowa Administrative Code › Agency 351 - Ethics and Campaign Disclosure Board, Iowa › Chapter 4 - Campaign Disclosure Procedures › Rule 351-4.18 - Schedule F - Loans Received and Repaid

Current through Register Vol. 47, No. 3, July 24, 2024
(1)
Reporting of monetary loans (not
			 debts and obligations for goods and services).
The committee shall
			 report all loan activity made to or repaid by the committee during the
			 reporting period. This applies to any loan of money which is deposited into the
			 committee's accounts. However, other debts and obligations owed for the
			 provision of goods or services to the committee (which are not monetary
			 advances deposited into the committee's account) shall be reported on Schedule
			 D, not on Schedule F.
(2)
Report of lump sum of unpaid loans carried over from last
			 report.
The schedule shall contain a beginning entry of the total
			 unpaid loans as of the last report. Loans received and itemized on prior
			 reports should not be re-itemized on the current report, except as necessary to
			 indicate repayment activity.
(3)
Date received.
The schedule shall include the complete date
			 (month/day/year) the loan was physically received by a person on behalf of the
			 committee. If the loan was by check, the date of the loan to be reported is the
			 date the check is physically received by a person on behalf of the committee,
			 even if this date is different from the date shown on the check.
(4)
Date paid.
The schedule
			 shall include the complete date (month/day/year) a full or partial loan
			 repayment is made by the committee. The date of the repayment is the date the
			 check is issued. Full or partial loan repayments shall be shown on this
			 schedule and should not be reported on Schedule B. However, loan interest
			 payments shall be reported on Schedule B (see rule
			 351-4.15 (68A,68B)) and not on
			 Schedule F Loans which may be and are forgiven in full or in part are
			 considered in-kind contributions and shall be itemized on Schedule E, with a
			 cross-reference entry in the space provided on Schedule F.
(5)
Name and address of
			 lender
The schedule shall include the name and address of each person
			 who has made one or more loans of money to the committee during the reporting
			 period, or to whom the committee makes a full or partial loan repayment during
			 the reporting period. If the person who made the loan to the committee is not
			 the original source of the money, when the original source of the money is a
			 third party (such as a bank which loans money to an individual who loans it to
			 the committee) or if a third party has personally paid and assumed a loan from
			 the original lender (such as an individual who pays off the loan to the bank
			 with the expectation of receiving the loan repayment from the committee), the
			 report shall also identify the name and address of the third party.
(6)
Relationship to
			 candidate.
In the case of monetary loans to candidates' committees,
			 the schedule shall include information indicating whether the lender is related
			 to the candidate within the third degree of consanguinity or affinity, as
			 defined in subrule 4.14(5).
This rule is intended to implement Iowa Code section
				68A.402.