0530-01-01-.03
Campaign Contributions
Cite as Tenn. Comp. R. & Regs. 0530-01-01-.03
(1)
A campaign contribution is deemed to have been made by a political campaign committee
and reportable in the period in which the check or other written instrument is either delivered
to a candidate or political campaign committee or when postmarked/shipped for delivery (a
copy of a shipping receipt must be maintained to substantiate this date). A cash campaign
contribution is considered to have been made and to be reportable by a political campaign
committee in the period in which the money is delivered to a candidate or political campaign
committee.
(2)
A campaign contribution is considered made to and reportable by a candidate or political
campaign committee when the contribution is delivered to a candidate or political campaign
committee, or any agent thereof.
(3)
Personal funds of a candidate or any personal loan used by a candidate for routine living
expenses that he or she would have incurred without candidacy, including the costs of food
and residence, are not campaign contributions.
(4)
A political campaign committee making an in-kind campaign contribution must notify a
candidate or political campaign committee receiving the contribution of the amount and
purpose of the contribution, in writing, within five (5) business days after the in-kind
contribution is made or performed.
(5)
Where goods or services are provided to a candidate or political campaign committee at a
charge which is less than the fair market value for such goods or services, the candidate or
committee must report as an in-kind contribution the difference between the amount paid for
the goods or services and the fair market value of such goods or services.
(6)
Examples of in-kind contributions that are considered goods include, but are not limited to:
(a)
Campaign materials, such as campaign literature, brochures, bumper stickers,
campaign advertisements;
(b)
Postage;
(c)
Equipment and other similar supplies;
(d)
Polling or survey data.
(7)
Examples of in-kind contributions that are considered services include, but are not limited to:
(a)
Provision of paid personnel for telephone banks and distribution of campaign
materials;
(b)
Consulting services.
CAMPAIGN FINANCIAL DISCLOSURE RULES
CHAPTER 0530-01-01
(8)
If a political campaign committee making an in-kind contribution to a candidate or political
campaign committee is in a dispute with a vendor over the amount of an expense, the
committee shall make a reasonable determination of the value of the in-kind contribution. The
method to determine that amount shall be documented by the committee, and this
documentation shall be submitted with the financial disclosure report on which the in-kind
contribution is reported. Procedures set forth in the rules then should be followed for notifying
the candidate or political campaign committee receiving the in-kind contribution.