[Code of Federal Regulations]
[Title 11, Volume 1]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 11CFR116.6]

[Page 230]
 
                       TITLE 11--FEDERAL ELECTIONS
 
                 CHAPTER I--FEDERAL ELECTION COMMISSION
 
PART 116--DEBTS OWED BY CANDIDATES AND POLITICAL COMMITTEES--Table of Contents
 
Sec. 116.6  Salary payments owed to employees.

    (a) Treatment as debts or volunteer services. If a political 
committee does not pay an employee for services rendered to the 
political committee in accordance with an employment contract or a 
formal or informal agreement to do so, the unpaid amount either may be 
treated as a debt owed by the political committee to the employee or, 
provided that the employee signs a written statement agreeing to be 
considered a volunteer, converted to a volunteer services arrangement 
under 11 CFR 100.74. The unpaid amount shall not be treated as a 
contribution under 11 CFR part 100, subparts B and C.
    (b) Settlement or forgiveness of the debt. If the unpaid amount is 
treated as a debt, the employee and the political committee may agree to 
a settlement of the debt for less than the entire amount owed pursuant 
to 11 CFR 116.7. The provisions of this part shall not be construed to 
require the employee to settle the debt for less than the entire amount 
owed.
    (c) Reporting. If the unpaid amount is treated as a debt, the 
political committee shall continue to report the debt in accordance with 
11 CFR 104.3(d) and 104.11 until the Commission has completed a review 
of the debt settlement plan pursuant to 11 CFR 116.7(f) or until the 
employee agrees to be considered a volunteer, or until the political 
committee pays the debt, whichever occurs first.

[55 FR 26386, June 27, 1990, as amended at 67 FR 78682, Dec. 26, 2002]