3012.1 Prior to conducting any joint fundraising activities, the participant political committees shall:

1. (a) Create a political committee to act as their fundraising representative;
2. (b) Agree in writing to a formula for allocating proceeds and expenses among themselves; and
3. (c) Amend their Statements of Organization.

3012.2 The amended Statements of Organization shall include:

1. (a) The writing as agreed upon pursuant to § 3012.1(b); and
2. (b) The fundraising representative's (political committee's) account as an additional depository; provided, that the fundraising representative shall be an affiliated committee.

3012.3 The fundraising representative (political committee) shall be responsible for:

1. (a) Establishing a depository account for joint fundraising receipts and expenditures; and
2. (b) Filing a Statement of Organization with the Director.

3012.4 In accordance with this title, the duties of the fundraising representative (political committee) shall include:

1. (a) Screening all contributions to assure that none are in excess of the limitations under § 3011;
2. (b) Collecting and depositing joint fundraising contributions;
3. (c) Paying expenses;
4. (d) Allocating proceeds and expenses to the participants; and
5. (e) Reporting all joint fundraising receipts and expenditures in the reporting period made or received.

3012.5 Upon allocation of proceeds, the participant political committees shall report their shares on the R&E Report in accordance with the financial guidelines and procedures.

SOURCE: Final Rulemaking published at 45 DCR 3161, 3174 (May 20, 1998); as amended by Final Rulemaking published at 60 DCR 1402 (February 8, 2013); as amended by Final Rulemaking published at 60 DCR 11864 (August 16, 2013).