[Code of Federal Regulations]
[Title 11, Volume 1]
[Revised as of January 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 11CFR9008.6]

[Page 236-237]
 
                       TITLE 11--FEDERAL ELECTIONS
 
                 CHAPTER I--FEDERAL ELECTION COMMISSION
 
PART 9008--FEDERAL FINANCING OF PRESIDENTIAL NOMINATING CONVENTIONS--Table of Contents
 
Subpart A--Expenditures by National Committees and Convention Committees
 
Sec. 9008.6  Payment and certification procedures.

    (a) Optional payments; private contributions. (1) The national 
committee of a major or minor party may elect to receive all, part, or 
none of the amounts to which it is entitled under 11 CFR 9008.4 and 
9008.5.
    (2) If a national committee of a major or minor party elects to 
receive part of the amounts to which it is entitled under 11 CFR 9008.4 
and 9008.5, or if the Secretary determines there is a deficiency in the 
Fund under 26 U.S.C. 9008(b)(4), the national committee may

[[Page 237]]

receive and use private contributions, so long as the sum of the 
contributions which are used to defray convention expenses and the 
amount of entitlements elected to be received does not exceed the total 
expenditure limitation under 11 CFR 9008.8.
    (3) All private contributions received by the national committee to 
defray convention expenses shall be subject to all reporting 
requirements, limitations and prohibitions of Title 2, United States 
Code. The convention committee may establish a separate account for 
private contributions or may deposit such contributions with payments 
received from the Fund pursuant to paragraph (d) of this section. The 
account(s) shall be maintained at a State bank, federally chartered 
depository institution or other depository institution, the deposits or 
accounts of which are insured by the Federal Deposit Insurance 
Corporation.
    (b) Increase in certified amount. If the application statement is 
filed before it is possible to determine the cost of living increase for 
the year preceding the convention, that amount determined by the 
increase shall be paid to the national committee promptly after the 
increase has been determined.
    (c) Availability of payments. The national committee of a major or 
minor party may receive payments under this section beginning on July 1 
of the calendar year immediately preceding the calendar year in which a 
Presidential nominating convention of the political party involved is 
held.
    (d) Certification of payment. After a national committee has 
properly submitted its application statement and agreement as required 
under 11 CFR 9008.3(a) (3) and (4), and upon receipt of a written 
request, payment of the committee's entitlement will be certified by the 
Commission to the Secretary of the Treasury.