FAQs About Financial Disclosure for Candidates

No, only ‘qualified’ candidates must file a Financial Disclosure Report. ‘Qualified’ candidates are those individuals who raise or spend more than $5,000 as a candidate in a campaign for election to the House of Representatives. This includes funds loaned to the campaign from any source.

Within 30 days of becoming a candidate or by May 15^th, whichever is later. You will then be required to file a second Financial Disclosure Report by May 15^th of the following year if you are still a candidate.

Generally, within 30 days of becoming a candidate or by May 15^th of that year, whichever is later.

The FD report is due immediately.

Generally, yes. The Committee can grant extensions of up to 90 days if requested prior to the original due date.

Yes, you still owe a Financial Disclosure Report. To be excused from filing the Financial Disclosure Report a candidate must formally withdraw their candidacy by submitting the appropriate notice with the Clerk of the House of Representatives prior to the date on which the Financial Disclosure Report is due.

The reporting period for qualified candidates is generally January 1^st of the prior calendar year through the current year to a date within 30 days prior to the date of filing the Financial Disclosure Report.

No, a candidate does not have to file PTRs.

Candidates use reporting Form B.

If you have been assigned a filing deadline for a Financial Disclosure Report and you have not yet “qualified” as a candidate by raising or spending $5,000 towards your campaign then you must submit an ‘Under $5,000 Threshold Declaration Form’ to the Clerk of the House of Representatives. However, once you do pass the $5,000 threshold you must then notify the Clerk of the House of Representatives to be assigned a new filing deadline.

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