351—4.21 (68A) Reconciled bank statement required with January report and final report.
	 4.21(1) A committee that participates in an election at the state level and that is required by Iowa Code Supplement section 68A.402 to file a disclosure report on or before January 19 of each year shall attach to or submit with that disclosure report a copy of the committee’s bank statement that includes activity through December 31 of the year reported.
	 4.21(2) A committee that participates in an election at the county, city, school, or other political subdivision level, or an independent expenditure committee, is not required to attach or submit a copy of the committee’s bank statement unless requested to do so by the board. If a committee is requested to file the bank statement, the committee shall provide the board with a copy of the bank statement within ten days of the request. A sole individual making an independent expenditure and filing Form Ind-Exp-I is not required to submit a bank statement under rule 351—4.21(68A) unless requested to do so by the board.
	 4.21(3) If the bank statement cycle is such that the committee has not received the statement including activity through December 31 by the date for filing the January report, the committee shall separately file or submit the bank statement within ten days after receipt of the statement by the committee.
	 4.21(4) The committee shall include a reconciliation to justify outstanding checks and other discrepancies between the ending balance on the bank statement and the ending balance on the disclosure report.
	 4.21(5) A committee that files a final disclosure report shall comply with the requirements of subrule 4.55(5) concerning the filing of a final bank statement.
	 4.21(6) A committee seeking a waiver from the requirements of this rule may do so in accordance with 351—Chapter 15.
This rule is intended to implement Iowa Code Supplement section 68A.402.
[ARC 8826B, IAB 6/2/10, effective 5/17/10]