0530-01-01-.01
Definitions
Cite as Tenn. Comp. R. & Regs. 0530-01-01-.01
(1)
Campaign Account - is a separate bank account which must be maintained by a candidate or
political campaign committee into which all campaign contributions shall be deposited and
from which all campaign monies shall be expended.
(2)
Candidate - shall include an individual who is actively waging a write-in campaign or who has
authorized others to wage a write-in campaign on his/her behalf.
(3)
Goods or Services Received on Credit - are those that are obtained for a campaign from a
person or business where credit is extended in the ordinary course of the business and the
terms are substantially similar to the extension of credit to nonpolitical debtors. “Goods or
services received on credit” do not include in-kind contributions.
(4)
“In-Kind Contribution” - is the provision of any goods or services to a candidate or political
campaign committee without charge or at a charge which is less than the fair market value
for such goods or services.
(5)
Investment Accounts - are accounts such as savings, mutual funds and certificates of
deposits (CDs) into which campaign funds may be held for investment purposes.
(6)
“Majority Vote of the Registry Members” - means four of six of the appointed Registry
members.
(7)
Political Campaign Committee - includes a multicandidate political campaign committee,
single-candidate political campaign committee and single-measure political campaign
committee, unless reference is made to a specific type of political campaign committee.
(8)
Single-Measure Political Campaign Committee - is a committee which is receiving or
expending funds to support or oppose a proposal(s) submitted to the people of the entire
state or any political subdivision for approval or rejection at an election. For purposes of
these rules, an organization or committee that is receiving or expending funds to support or
defeat an issue that is being considered by the General Assembly or by a city or county
legislative body that is not yet a proposal submitted to the people for approval or rejection at
an election is not a single measure political campaign committee.
CAMPAIGN FINANCIAL DISCLOSURE RULES
CHAPTER 0530-01-01