Regulation .03 Electronic Contributions.
Regulation .03 Electronic Contributions.LinkCopy Citation
A.
Electronic Contribution Requirements. As provided in §B of this regulation, a person may make an electronic contribution to a political committee if:
(1)
A record of the name and address of the person is provided to the receiving political committee;
(2)
The person approves and authorizes the contribution;
(3)
The contribution is made using one of the secure methods in §B of this regulation; and
(4)
For contributions made using a common short code:
(a)
The contribution amount is not greater than $10.00 for each transaction;
(b)
The common short code is directly associated with the political committee receiving the contribution; and
(c)
The person receives a confirmation that the transaction occurred.
B.
Method of Electronic Contributions. A political committee may receive an electronic contribution if made by:
(1)
Electronic funds transfer authorized by the contributor and transferred directly from the contributor’s account in a financial institution into the political committee’s campaign account;
(2)
Wire transfer authorized by the contributor and transferred directly from the contributor’s account in a financial institution into the political committee’s campaign account;
(3)
A financial-institution-issued debit card withdrawal authorized by the contributor and transferred directly from the contributor’s account in a financial institution into the political committee’s campaign account by the political committee or by a processing agent of the political committee; or
(4)
An authorized payment for a common short code message associated with a political committee authorized by the contributor through the use of a wireless communication device owned by the contributor and transferred into the political committee’s campaign account by the political committee or by a processing agent of the political committee.