FEC recording receipts: itemizing over $200

… <div class="rich-text"><h3 data-block-key="u8pde">Contributions of $50 or less</h3><p data-block-key="68dji">In advisory opinions, the Commission has recommended two possible accounting methods that satisfy recordkeeping requirements for contributions of $50 or less:</p><ul><li data-block-key="firr2">Keep the same information required for identifying contributions that exceed $50 (amount, <span data-term="Date received" class="term">date of receipt</span> and contributor’s name and mailing address); or</li><li data-block-key="d8h1r">In the case of small contributions collected at a fundraiser (such as gate receipts and cash contributions), keep records of the name of the event, the date and the total amount of contributions received on each day of the event.</li></ul><h3 data-block-key="ri9tf">Contributions exceeding $50</h3><p data-block-key="unwgx">Records must identify each contribution of more than $50 by:</p><ul><li data-block-key="k6wt4">Amount;</li><li data-block-key="f4qpg"><span data-term="Date received" class="term">Date of receipt</span>; and</li><li data-block-key="3rlu0">Contributor’s name and mailing address.</li></ul><p data-block-key="k58e9">Furthermore, political committees must maintain a record of each contribution received. A record of a contribution by check or written instrument must contain an image of that instrument. A record of the receipt of a contribution must include sufficient information to associate that contribution with its deposit in the political committee’s campaign depository, such as, for example, a batch number.</p><h3 data-block-key="q35so">Contributions aggregating over $200</h3><p data-block-key="m5rjf">For each contribution that exceeds $200, either by itself or when added to the contributor’s previous contributions made during the same calendar year, records must identify that contribution by:</p><ul><li data-block-key="jhjyj">Amount;</li><li data-block-key="cxx78"><span data-term="Date received" class="term">Date of receipt</span>; and</li><li data-block-key="lz0gl">Contributor’s full name and mailing address, <span data-term="Occupation" class="term">occupation</span> and <span data-term="Employer" class="term">employer</span>.</li></ul><p data-block-key="o3ad1">If a person has already contributed an aggregate amount of over $200 during a calendar year, each subsequent contribution, regardless of amount, must be identified in the same way.</p><p data-block-key="w6u4q">Please note that contributions to <span data-term="Authorized committee" class="term">authorized committees</span> are aggregated on a calendar-year basis for recordkeeping purposes, but are aggregated on a per-election basis for purposes of monitoring contribution limits, and on an <span data-term="Election cycle" class="term">election-cycle</span> basis for reporting purposes.</p></div> …