.010 Inter-Candidate Transfers (Transfers Between Different Candidates).
.0101 No city candidate or elective city officer, and no committee controlled by a city candidate or elective city officer, shall make any contribution to any other city candidate or elective city officer or to any committee controlled by, supporting or opposing any other city candidate or elective city officer.
.0102 No contribution shall be accepted by any city candidate or elective city officer, or the controlled committee of such candidate or officer, from any other committee controlled by another federal, state, local or city candidate or officeholder.
.0103 This section shall not prohibit a city candidate or elective city officer from making a contribution from his or her own personal funds to his or her own candidacy or to the candidacy of any other candidate for elective city office, subject to the limitations set forth in Section 1.09.050.
.020 Intra-Candidate Transfers (Transfers Between Committees of the Same Candidate).
.0201 A city candidate or elective city officer may make a one-time-only transfer of funds from his or her controlled committee for an elective federal, state, local or city office (the “transferor committee”) to his or her controlled committee for a different city office (the “transferee committee”), subject to the contribution limits set forth in this chapter. Contributions originally made to the transferor committee shall be transferred to the transferee committee on a “last in-first out” basis. Each transferred contribution, when combined with all other contributions received by the candidate or officeholder, and his or her controlled committee, from that contributor during the election cycle in which the funds are transferred, shall be subject to the contribution limitations of this chapter. Transferred contributions shall be deemed contributions made to the transferee committee in the election cycle in which such contributions are received by the transferee committee. Contributions received by the transferor committee on or after the date the candidate formed a committee to run for City office, may not be transferred to the transferee committee established to run for that City office.
.0202 The term “election cycle,” as used in this section, shall mean the applicable period described in Section 1.09.060.
.0203 Any transfer of funds must be accompanied by a report disclosing the name, address, occupation and employer, and amount of contribution being transferred, for each person whose contributions or a portion thereof are being transferred (the “transfer report”). Said transfer report shall be prepared by the treasurer of the transferor committee, and a copy thereof shall be submitted to the treasurer of the transferee committee at the time such contributions are transferred. A copy of the transfer report shall be filed with the campaign statement required to be filed by such transferee committee under the provisions of the Political Reform Act, which campaign statement covers the period during which the transferred funds were received by the transferee committee. In lieu of a Transfer Report, Schedule A of Form 460 or any successor form thereto, may be filed. (Ord. 5704 § 2 (part); October 19, 1999; Ord. 5858 § 1 (part); May 20, 2003: Ord. 6197 § 7; November 16, 2010.)