(a) Each Measure Finance Committee shall register with the City Clerk within five days of formation by preparing and filing a statement, signed by the chairperson of the Committee, setting forth:
1. The exact name of the Committee;
2. The official address and phone number of the Committee;
3. The names of the officials of the Committee;
4. The purpose of the MFC including the measure(s) or candidate(s) supported or opposed by the MFC; and
5. Acknowledgement of understanding of the Election Code, the Board's Rules and Regulations, and the disclosure requirements for financial statements.
(b) It is recognized that an affirmative duty rests on the officials of any such Measure Finance Committee to be aware of the provisions of this Election Code, and nothing contained in this Section shall exempt a Measure Finance Committee from filing its statement of formation or existence as required herein at the earliest possible date. Failure to so file according to the provisions of subsection (a) of this section shall subject the Committee to a fine not to exceed the maximum amount authorized by state law or public reprimand or both as provided in the Board's Rules and Regulations. Accordingly, such officials are enjoined to prepare and file the statement specified in subsection (a) of this section without such a request from the Board.
(c) A Measure Finance Committee's registration shall expire each year on December 31st. A Measure Finance Committee shall renew its registration with the City Clerk upon expiration or within five days of any contribution collection or expenditure by the Measure Finance Committee that is in excess of $250. At the time a Measure Finance Committee renews its registration, it shall review the information that is on file with the City Clerk in accordance with subsection(a) of this section and shall revise that information if any changes have occurred since the prior registration.
(Ord. 17-1993; Am. Ord. 2012-033; Am. Ord. 2022-042)