20A-11-505.7.  Separate account for contributions for registered political party — Anonymous contributions to registered political party or county political party.

(1)  A registered political party shall deposit a contribution received in one or more separate campaign accounts in a financial institution.

Terms Used In Utah Code 20A-11-505.7

  • Contribution: means any of the following when done for political purposes:
(i) a gift, subscription, donation, loan, advance, or deposit of money or anything of value given to the filing entity;
(ii) an express, legally enforceable contract, promise, or agreement to make a gift, subscription, donation, unpaid or partially unpaid loan, advance, or deposit of money or anything of value to the filing entity;
(iii) any transfer of funds from another reporting entity to the filing entity;
(iv) compensation paid by any person or reporting entity other than the filing entity for personal services provided without charge to the filing entity;
(v) remuneration from:
(A) any organization or its directly affiliated organization that has a registered lobbyist; or
(B) any agency or subdivision of the state, including school districts;
(vi) a loan made by a candidate deposited to the candidate's own campaign; and
(vii) in-kind contributions. See Utah Code 20A-11-101
  • County political party: means , for each registered political party, all of the persons within a single county who, under definitions established by the political party, are members of the registered political party. See Utah Code 20A-11-101
  • Expenditure: means any of the following made by a reporting entity or an agent of a reporting entity on behalf of the reporting entity:
    (i) any disbursement from contributions, receipts, or from the separate bank account required by this chapter;
    (ii) a purchase, payment, donation, distribution, loan, advance, deposit, gift of money, or anything of value made for political purposes;
    (iii) an express, legally enforceable contract, promise, or agreement to make any purchase, payment, donation, distribution, loan, advance, deposit, gift of money, or anything of value for political purposes;
    (iv) compensation paid by a filing entity for personal services rendered by a person without charge to a reporting entity;
    (v) a transfer of funds between the filing entity and a candidate's personal campaign committee;
    (vi) goods or services provided by the filing entity to or for the benefit of another reporting entity for political purposes at less than fair market value; or
    (vii) an independent expenditure, as defined in Section 20A-11-1702. See Utah Code 20A-11-101
  • Political party: means an organization of registered voters that has qualified to participate in an election by meeting the requirements of Chapter 8, Political Party Formation and Procedures. See Utah Code 20A-1-102
  • Political purposes: means an act done with the intent or in a way to influence or tend to influence, directly or indirectly, any person to refrain from voting or to vote for or against any:
    (a) candidate or a person seeking a municipal or county office at any caucus, political convention, or election; or
    (b) judge standing for retention at any election. See Utah Code 20A-11-101
  • Registered political party: means an organization of voters that:
    (a) participated in the last regular general election and polled a total vote equal to 2% or more of the total votes cast for all candidates for the United States House of Representatives for any of its candidates for any office; or
    (b) has complied with the petition and organizing procedures of Chapter 8, Political Party Formation and Procedures. See Utah Code 20A-11-101
  • Source: means the person or entity that is the legal owner of the tangible or intangible asset that comprises the contribution. See Utah Code 20A-11-101
    • (2)  A registered political party may not deposit or mingle a contribution received into a personal or business account.

    (3)  A registered political party or county political party may not expend a contribution for political purposes or a political issues expenditure if the contribution:

    (a)  is cash or a negotiable instrument;

    (b)  exceeds $50; and

    (c)  is from an unknown source.

    Amended by Chapter 21, 2015 General Session

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