[Federal Register: April 21, 2004 (Volume 69, Number 77)]
[Notices]
[Page 21533-21534]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr21ap04-59]
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FEDERAL ELECTION COMMISSION
[Notice 2004-9]
Schedule of Matching Fund Submission Dates and Submission Dates
for Statements of Net Outstanding Campaign Obligations (NOCO) for 2004
Presidential Candidates Post Date of Ineligibility
AGENCY: Federal Election Commission.
ACTION: Notice of matching fund submission dates and submission dates
for statements of net outstanding campaign obligations for 2004
Presidential candidates post Date of Ineligibility.
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SUMMARY: The Federal Election Commission is publishing matching fund
submission dates for publicly funded 2004 Presidential primary
candidates. Eligible candidates may present one submission and/or
resubmission per month on the designated date. Also being published are
submission dates for statements of net outstanding campaign obligations
(``NOCO statements'') which are required to be submitted by publicly
funded 2004 presidential primary candidates following their date of
ineligibility (``DOI''). Candidates are required to submit a NOCO
statement prior to each regularly scheduled date on which they receive
federal matching funds, on dates to be determined by the Commission.
FOR FURTHER INFORMATION CONTACT: Mr. Raymond Lisi, Audit Division, 999
E Street, NW., Washington, DC 20463, (202) 694-1200 or (800) 424-9530.
SUPPLEMENTARY INFORMATION:
Matching Fund Submissions
Presidential candidates eligible to receive federal matching funds
may present submissions and/or resubmissions to the Federal Election
Commission once a month on designated submission dates. The Commission
will review the submissions/resubmissions and forward certifications to
the Secretary of Treasury for payments. Since no payments could be made
during 2003, submissions received during 2003 were certified in late
December 2003, for payment on January 2, 2004. 11 CFR 9036.2(c). During
2004 and 2005, certifications and payments will be made on a monthly
basis. The last date a candidate may make a submission is March 7,
2005.
The submission dates specified in the following list pertain to
non-threshold matching fund submissions and resubmissions after the
candidate
[[Page 21534]]
establishes eligibility. The threshold submission on which that
eligibility will be determined may be filed at any time and will be
processed within fifteen business days unless review of the threshold
submission determines that eligibility has not been met.
NOCO Submissions
Under 11 CFR 9034.5, a candidate who received federal matching
funds must submit a NOCO statement to the Commission within 15 calendar
days after the candidate's date of ineligibility, as determined under
11 CFR 9033.5. The candidate's net outstanding campaign obligations is
equal to the difference between the total of all outstanding
obligations for qualified campaign expenses plus estimated necessary
winding down costs less cash on hand, the fair market value of capital
assets, and accounts receivable. 11 CFR 9034.5(a). Candidates will be
notified of their DOI by the Commission.
Candidates who have net outstanding campaign obligations post-DOI
may continue to submit matching payment requests as long as the
candidate certifies that the remaining net outstanding campaign
obligations equal or exceed the amount submitted for matching. 11 CFR
9034.5(f)(1). If the candidate so certifies, the Commission will
process the request and certify the appropriate amount of matching
funds.
Candidates must also file revised NOCO statements in connection
with each matching fund request submitted after the candidate's DOI.
These statements are due just before the next regularly scheduled
payment date, on a date to be determined by the Commission. They must
reflect the financial status of the campaign as of the close of
business three business days before the due date of the statement and
must also contain a brief explanation of each change in the committee's
assets and obligation from the most recent NOCO statement. 11 CFR
9034.5(f)(2).
The Commission will review the revised NOCO statement and adjust
the committee's certification to reflect any change in the committee's
financial position that occurs after submission of the matching payment
request and the date of the revised NOCO statement.
The following schedule includes both matching fund submission dates
and submission dates for revised NOCO statements.
Schedule of Matching Fund Submission Dates and Submission Dates for
Statements of Net Outstanding Campaign Obligations (NOCO) for 2004
Presidential Candidates
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NOCO
Submission dates submission
dates
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02/02/04................................................ 02/23/04
03/01/04................................................ 03/24/04
04/01/04................................................ 04/23/04
05/03/04................................................ 05/25/04
06/01/04................................................ 06/23/04
07/01/04................................................ 07/23/04
08/02/04................................................ 08/25/04
09/01/04................................................ 09/23/04
10/01/04................................................ 10/25/04
11/01/04................................................ 11/25/04
12/01/04................................................ 12/27/04
01/03/05................................................ 01/25/05
02/01/05................................................ 02/21/05
03/07/05................................................ 03/24/05
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Dated: April 15, 2004.
Bradley A. Smith,
Chairman, Federal Election Commission.
[FR Doc. 04-8954 Filed 4-20-04; 8:45 am]
BILLING CODE 6715-07-P