Austin |
Code of Ordinances |
Title 2. ADMINISTRATION. |
Chapter 2-2. CAMPAIGN FINANCE. |
Article 6. RESTRICTIONS ON CONTRIBUTIONS. |
§ 2-2-51. RESTRICTIONS ON CASH CONTRIBUTIONS.
(A)
Except as provided in Subsection (B), a candidate or officeholder who accepts cash contributions in connection with a City election must maintain a receipt book for cash contributions, listing the date of any cash contribution and the contributor's name and address. If a candidate or officeholder has not accepted cash contributions aggregating more than $500 per reporting period, he or she must provide a receipt within five days of receiving the contribution to each cash contributor whose contribution exceeds $50. Once a candidate or officeholder has accepted cash contributions aggregating more than $500 per reporting period, he or she shall provide a receipt to each subsequent cash contributor within five days of the contribution.
(B)
This section does not apply to cash contributions received by a candidate or officeholder at one or more fundraising events having a stated ticket price of $25 per person or less. Cash contributions received at the fundraising events may be aggregated for City reporting purposes, if the candidate or the officeholder, and the treasurer, file with the next contribution and expenditure report an affidavit stating the amount of cash proceeds received at the event and verifying that no individual made a cash contribution of more than $50 in connection with the event.
Source: Ord. 20080925-079.