In General. Except as provided in §B of this regulation, this chapter applies to all campaign finance reports required by Election Law Article, §13-304, Annotated Code of Maryland, to be filed with the State Board. Exception. This chapter does not apply to a campaign finance report for which the State Board has granted an exemption under Election Law Article, §13-324(a), Annotated Code of Maryland. An application for an exemption shall be filed on the form and by the deadline specified by the State Administrator. A political committee is eligible for a waiver of the electronic filing requirements if the political committee: Provides a reasonable explanation as to why the treasurer cannot file electronically; Has a cash balance, less the amount of outstanding obligations, equal to or less than $3,000; and Has less than 20 transactions during the reporting period. A waiver remains in effect until the political committee: Files a campaign finance report electronically; or Exceeds the eligibility requirements of §B(3) of this regulation. A political committee may not request another waiver in the same calendar year that the initial waiver was granted.