The LD-203: Compliance for Campaign Finance Disclosure

Tuesday, lobbyists.info hosted the semi-annual ethics boot camp to prepare you to sign the LD-203 “under penalty of perjury.”  Here are the basic things you will need to know ahead of the January 30 deadline:

  • Every lobbyist must file the LD-203, whether you have contributions or expenditures to report or not.
  • Sole practitioners must file on behalf of the business and as an individual lobbyist.
  • Registrants include both entities that employ lobbyists and every individual listed on an LD-1  or LD-2 form.
  • The report covers July 1-December 31 2010 and must be filed electronically.
  • Contributions of $200 or more from individual registrants or PACs controlled by an individual registrant to federal candidates, leadership PACs, federal party committees AND contributions of $200 or more to presidential inaugural committee or library must be reported as FECA contributions.
  • Payments AND expenditures are subject to reporting
  • Your signature certifies that, beyond just HLOGA rules, you have read both the House and Senate Gift and Ethics rules and exceptions, and have in no way violated them.
  • If an event honors, recognizes covered official, costs are subject to disclosure on LD-203 of sponsor – but not donor unless donor participates in honoring Member

Review filings and supporting documents closely before you sign.  Remember the “perjury trap.”

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