B. Transfers Between a Candidate’s Controlled Committees (AB 571) A city or county candidate in a jurisdiction that has not already enacted contribution limits that has a qualified committee must establish a separate controlled committee and campaign bank account for each specific office. Candidates may not redesignate a committee for one election for another election. A city or county candidate in a city or county that has not already enacted a contribution limit may transfer funds from their controlled elections committee to another committee. Except as discussed below, funds transferred from one of a city or county candidate’s controlled election committees to another are subject to contribution limits. The transferred funds must be attributed to specific contributors of the committee making the transfer and count toward the amount those contributors may give to the committee receiving the transfer. The committee making the transfer must choose between two attribution methods. The first is “LIFO” (last in, first out). This means that the amount to be transferred will be attributed to the most recent contributors to the transferring committee. The other method is “FIFO” (first in, first out), which means transferred funds will be attributed to the earliest contributors. Once the transferring committee has chosen LIFO or FIFO, it may not change the method of attribution.
Fair Political Practices Commission advice@fppc.ca.gov
Chapter 1.7
Campaign Manual 2 August 2023 Page 112
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