QUICK TIP: If corporate stock is received as a contribution, the amount reported on Schedule C is the value listed on the stock exchange on the date of receipt. When the stock is sold, the proceeds are reported on Schedule I as a miscellaneous increase to cash. See Chapter 3 for additional information. • Compensation paid by an employer to an employee who spends more than 10 percent of their compensated time in a calendar month working on campaign activities for one or more campaigns. Compensation includes gross wages paid and any benefits in lieu of wages, such as stock options or an annuity purchase. Compensation does not include standard benefits, such as the employer’s payments to a retirement or health plan.
See Chapter 3 for exceptions, such as volunteer personal services, home/office fundraisers, and member communications.
Fair Political Practices Commission advice@fppc.ca.gov
Chapter 9.33
Campaign Manual 2 August 2023
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