§ UCA § 20A-11-702Campaign financial reporting of political issues expenditures by corporations -- Financial reporting

Effective 5/7/2025

20A-11-702. 
Campaign financial reporting of political issues expenditures by corporations -- Financial reporting.




(1)



(a)
Each corporation that has made political issues expenditures on current or proposed ballot issues that total at least $750 during a calendar year shall file a verified financial statement with the lieutenant governor's office:


(i)
on January 10, reporting expenditures as of December 31 of the previous year;





(ii)
seven calendar days before the state political convention of each major political party;





(iii)
seven calendar days before the regular primary election date;





(iv)
on September 30; and





(v)
seven calendar days before the regular general election date.








(b)
The corporation shall report:


(i)
a detailed listing of all expenditures made since the last financial statement; and





(ii)
for a financial statement described in Subsections (1)(a)(ii) through (v), expenditures as of five calendar days before the required filing date of the financial statement.








(c)
The corporation need not file a statement under this section if it made no expenditures during the reporting period.








(2)
That statement shall include:


(a)
the name and address of each individual, entity, or group of individuals or entities that received a political issues expenditure of more than $50 from the corporation, and the amount of each political issues expenditure;





(b)
the total amount of political issues expenditures disbursed by the corporation; and





(c)
a statement by the corporation's treasurer or chief financial officer certifying the accuracy of the verified financial statement.






Amended by Chapter 448, 2025 General Session