For all you people who are “considering” running for political office but who have allegedly already raised tens of thousands of dollars, and have reportedly already hired campaign staff, here’s a friendly reminder from your Federal Election Commission:
If you are running for the U.S. House, Senate or the Presidency, you must register with the FEC once you (or persons acting on your behalf) receive contributions or make expenditures in excess of $5,000. Within 15 days of reaching that $5,000 threshold, you must file a Statement of Candidacy (FEC Form 2) authorizing a principal campaign committee to raise and spend funds on your behalf. Within 10 days of that filing, your principal campaign committee must submit a Statement of Organization (FEC Form 1). Your campaign will thereafter report its receipts and disbursements on a regular basis. Campaigns should download the Campaign Guide for Congressional Candidates [PDF] and our Candidate Registration presentation [PowerPoint] for more information on the laws that apply to them. [emphasis and underlines added]
That is all.
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Norton, Romanoff or Wiens?
for his exploratory committee.
Thilly is probably talking about this guy.
Before you go hang “that guy,” or anyone else, please note that as long as a person is still “exploring,” he or she is not “running” and need not report anything.
Note that the above FEC release says “if you are running…”
FEC Rules are clear: whether you raise $5,000 or $500,000, you remain in “exploratory” or “testing the waters” phase until you declare otherwise or your actions reveal otherwise. See the FEC handbook at page 1-8 (PDF document): http://www.fec.gov/pdf/candgui…
Under these rules, actions that reveal you are a candidate include such items as (1) declaring your candidacy; (2) displaying materials that say you are a candidate; (3) qualifying for the ballot; (4) raising more money than needed to test the waters (not defined – so if you say I need to have 2,000,000 in the bank to make up my mind – that is not too much to raise).
If “exploratory candidates” need not report their fundraising numbers, then why do so many?
Most candidates voluntarily report their “exploratory” numbers to scare off their opponents or build excitement and momentum. Others decide to report their “exploratory” numbers to avoid the vagueness of the “too much money” rule.
Whether a candidate chooses to explore with or withhout reporting, please, let’s make politics about substance and making America better, not about paperwork errors or “Gotcha” games.
my campaign to become overlord of the universe?
$5,000 in your quest, I’d be impressed.
There’s more where that came from for the general.