Oregon Statutes 260.156 – Rules for reporting expenditures and contributions
(1) The Secretary of State may adopt rules for the manner of determining and reporting expenditures and contributions under this chapter, including but not limited to rules for allocation of contributions and expenditures and for determination of fair market value of contributions other than money. Rules adopted under this section shall provide for proportional reporting of expenditures and contributions that benefit more than one candidate or political committee.
Terms Used In Oregon Statutes 260.156
- expenditure: includes the payment or furnishing of money or anything of value or the incurring or repayment of indebtedness or obligation by or on behalf of a candidate, political committee or person in consideration for any services, supplies, equipment or other thing of value performed or furnished for any reason, including support of or opposition to a candidate, political committee or measure, or for reducing the debt of a candidate for nomination or election to public office. See Oregon Statutes 260.005
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- Political committee: means a combination of two or more individuals, or a person other than an individual, that has:
(a) Received a contribution for the purpose of supporting or opposing a candidate, measure or political party; or
(b) Made an expenditure for the purpose of supporting or opposing a candidate, measure or political party. See Oregon Statutes 260.005
(2) The valuation or allocation of any contribution or expenditure under a rule adopted by the Secretary of State before the contribution or expenditure was made or, if it is a continuing contribution or expenditure, the valuation or allocation of that part available to and used on behalf of the candidate after the adoption of the rule, shall be presumed to be the fair market value or allocation of it. [1973 c.744 § 11; 1975 c.683 § 10; 1975 c.684 § 7a; 1979 c.190 § 355; 2001 c.965 § 64]
[1973 c.744 § 12; 1975 c.683 § 10a; 1979 c.190 § 345; renumbered 260.044]
[1999 c.824 § 7; repealed by 2005 c.809 § 56]
[1995 c.1 § 3; repealed by 1999 c.999 § 59]
[2001 c.82 § 13; repealed by 2005 c.809 § 56]
[1971 c.749 § 16; 1973 c.744 § 16; 1975 c.675 § 34a; 1975 c.683 § 11; 1979 c.190 § 349; renumbered 260.083]