* § 14-201. Reporting requirements. 1. Only one authorized committee per participating candidate for comptroller. Before receiving any contribution or making any expenditure for a covered election, each candidate shall notify the board as to the existence of his or her authorized committee that has been approved by such candidate. Each candidate shall have one and only one authorized committee per elective office sought. Each authorized committee shall have a treasurer and is subject to the restrictions found in section 14-112 of this article.

1. 2. Disclosure reports. (a) Detailed reporting. Each authorized and political committee shall report to the board every contribution and loan received and every expenditure made in the time and manner prescribed by sections 14-102, 14-104 and 14-108 of this article, contributors who make contributions of five hundred dollars or more, each authorized and political committee shall report to the board the occupation, and business address of each contributor, lender, and intermediary. The receipt of any contribution or loan in excess of one thousand dollars shall be disclosed within forty-eight hours of receipt, and shall be reported in the same manner as any other contribution or loan on the next applicable statement. The board shall revise, prepare and post forms on its webpage that facilitate compliance with the requirements of this section.
2. (b) Board review. The board shall review each disclosure report filed and shall inform authorized and political committees of relevant questions it has concerning: (i) compliance with requirements of this title and of the rules issued by the board; and (ii) qualification for receiving public matching funds pursuant to this title. In the course of this review, the board shall give authorized and political committees an opportunity to respond to and correct potential violations and give candidates an opportunity to address questions the unit has concerning their matchable contribution claims or other issues concerning eligibility for receiving public matching funds pursuant to this title. Nothing in this paragraph shall preclude the board from subsequently reviewing such disclosure reports and taking any action otherwise authorized under this title.
3. (c) Itemization. Contributions that are not itemized in reports filed with the board shall not be matchable.
4. (d) Option to file more frequently. Participating candidates may file reports of contributions as frequently as once a week on Friday so that their matching funds may be paid at the earliest allowable date. * NB Repealed December 31, 2014