[Code of Federal Regulations]
[Title 11, Volume 1]
[Revised as of January 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 11CFR300.34]

[Page 257]
 
                       TITLE 11--FEDERAL ELECTIONS
 
                 CHAPTER I--FEDERAL ELECTION COMMISSION
 
PART 300_NON-FEDERAL FUNDS--Table of Contents
 
 Subpart B_State, District, and Local Party Committees and Organizations
 
Sec.  300.34  Transfers.

    (a) Federal funds. (1) Notwithstanding 11 CFR 102.6(a)(1)(ii), a 
State, district, or local committee of a political party must not use 
any Federal funds transferred to it from, or otherwise accepted by it 
from, any of the persons enumerated in paragraphs (b)(1) and (b)(2) of 
this section as the Federal component of an expenditure or disbursement 
for Federal election activity under 11 CFR 300.32. A State, district, or 
local committee of a political party must itself raise the Federal 
component of an expenditure or disbursement allocated between Federal 
funds and Levin funds under 11 CFR 300.32 and 300.33.
    (2) A State, district, or local committee of a political party that 
makes an expenditure or disbursement of Federal funds for Federal 
election activities must demonstrate through a reasonable accounting 
method approved by the Commission (including any method embedded in 
software provided or approved by the Commission) that the Federal funds 
used to make the expenditure or disbursement do not include Federal 
funds transferred to the committee in violation of this section. 
Alternatively, a State, district, or local committee of a political 
party may establish a separate Federal account into which the committee 
deposits only Federal funds raised by the committee itself, and from 
which all expenditures or disbursement of Federal funds for Federal 
election activities are made.
    (b) Levin funds. Levin funds must be raised solely by the State, 
district, or local committee of a political party that expends or 
disburses the funds. A State, district, or local committee of a 
political party must not use as Levin funds any funds transferred or 
otherwise provided to the committee by:
    (1) Any other State, district, or local committee of any political 
party, any officer or agent acting on behalf of such a committee, or any 
entity directly or indirectly established, financed, maintained or 
controlled by such a committee; or,
    (2) The national committee of any political party (including a 
national congressional campaign committee of a political party), any 
officer or agent acting on behalf of such a committee, or any entity 
directly or indirectly established, financed, maintained, or controlled 
by such a committee.
    (c) Allocation transfers. Transfers of Levin funds between the 
accounts of a State, district, or local committee of a political party 
for allocation purposes must comply with 11 CFR 300.30 and 11 CFR 
300.33.