New Mexico Administrative Code
Title 1 - GENERAL GOVERNMENT ADMINISTRATION
Chapter 10 - ELECTIONS AND ELECTED OFFICIALS
Part 13 - CAMPAIGN FINANCE
Section 1.10.13.12 - GENERAL REPORTING RULES
Universal Citation: 1 NM Admin Code 1.10.13.12
Current through Register Vol. 35, No. 18, September 24, 2024
A. Candidate campaign committees.
(1) All campaign committees shall file
reports according to the schedule set forth in Section
1-19-29
NMSA 1978. Reports shall be accepted until midnight mountain time on the date
of filing without penalty. In the event that a filing deadline falls on a state
holiday, the report shall be made on the following day. Beginning after 12:01
a.m. mountain time on the day after the due date of the report, penalties for
late filing shall begin to accrue.
(2) Campaign committees shall report all
contributions, in-kind contributions known to the campaign committee, loans,
expenditures, loan repayments, and debt forgiven by the lender.
(3) Coordinated expenditures made on behalf
of the candidate or campaign committee shall be reported by the campaign
committee as in-kind contributions received from the coordinating political
committee and are subject to contribution limits. Any committee reporting an
expenditure that is in-kind to another committee registered pursuant to the
Campaign Reporting Act is required to disclose the name of the committee
benefiting from the in-kind contribution.
(4) Candidates must file all required reports
while they are an active candidate and continue to file timely reports until
such time as they meet the requirements to file a final report. For example, a
primary election candidate that loses the primary election must file all
reports included in the primary election cycle and continue to file reports
until the candidate files a final report. Losing an election does not terminate
a candidate's requirement to file under the Campaign Reporting Act.
(5) A candidate's personal funds spent in
support of a candidate's own campaign are considered a contribution and shall
be disclosed by filing the required reports in CFIS; however, these funds are
not subject to contribution limits.
(6) Upon request by the secretary of state,
the campaign committee shall provide a copy of bank statements, for all
accounts, for any reporting period.
(7) Candidates benefiting from independent
expenditures or in-kind contributions the candidate has no knowledge of have no
obligation to report the item as a contribution to the candidate's campaign
committee.
B. Political committees.
(1)
Political committees shall file reports according to the schedule set forth in
Section
1-19-29
NMSA 1978. Reports shall be accepted until midnight on the date of filing
deadline without penalty. In the event that a filing deadline falls on a state
holiday, the report shall be made on the following day. Beginning after 12:01
a.m. mountain time on the date after the filing deadline of the report,
penalties for late filing shall begin to accrue.
(2) Political committees shall report all
contributions, in-kind contributions known to the political committee, loans,
expenditures, loan repayments, and debt forgiven by the lender.
(3) In addition to disclosing the information
required by the Campaign Reporting Act for expenditures, a political committee
making coordinated expenditures, including in-kind, shall also disclose the
name of the candidate, campaign committee, or political committee with whom the
expenditure is being coordinated or is benefitting.
(4) Upon request by the secretary of state,
the political committee shall provide a copy of bank statements, for all
accounts, for the political committee for any reporting period.
C. Hardship waivers.
(1) All reports required by these rules shall
be filed electronically in the manner and on forms as prescribed by the
secretary of state. Reporting individuals required to file reports may apply to
the secretary of state for exemption from electronic filing in case of hardship
by submitting a hardship waiver request form prescribed by the secretary of
state. The secretary of state may approve or deny this request. Approval may be
granted at the discretion of the secretary of state only if the reporting
individual has no way to access CFIS.
(2) Upon approval of a hardship waiver, the
reporting individual shall submit the report on a prescribed paper form.
Approval of a hardship waiver by the secretary of state, authorizes the
secretary of state to enter the report into the electronic system on behalf of
the reporting individual. A copy of the electronic report entered by the
secretary of state will be mailed to the reporting individual once it has been
entered into CFIS.
(3) Submission
of a hardship waiver request does not constitute meeting the reporting
requirements including the statutory reporting deadlines. Failure to adhere to
a report deadline may still result in fines pursuant to Section
1-19-35
NMSA 1978. Reporting individuals shall make arrangements for hardship approval
with the secretary of state in advance of report deadlines to ensure timely
filing.
Disclaimer: These regulations may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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