351—4.30 (68A,68B) Funds from unknown source prohibited; subsequent identification of source; notice to contributors.
	 4.30(1) Anonymous contributions in excess of $10 prohibited. No person shall make a contribution in excess of $10 to a committee without providing the person’s name and address to the committee. The committee shall not maintain in any campaign account funds in excess of $10 that cannot be accounted for and reconciled with the committee’s disclosure reports.
	 4.30(2) Escheat to the state. Any contribution in excess of $10 from an unknown source or campaign funds in excess of $10 that cannot be accounted for and reconciled shall escheat to the state of Iowa as required by Iowa Code section 68A.501 as amended by 2007 Iowa Acts, Senate File 39, section 8. A committee required to escheat shall escheat such funds by depositing the funds into the committee’s campaign account and issuing a committee check to the general fund in the same amount. The committee check shall be sent to the board office at 510 East 12th Street, Suite 1A, Des Moines, Iowa 50319, for transmittal to the office of treasurer of state.
	 4.30(3) Subsequent identification of source. A committee discovering the source of any funds that have been escheated to the state may make an application to the board for a return of the funds if the following requirements are met:
	  a.   	 The committee has not dissolved;
	  b.   	 Documentation of the name and address of the source is provided;
	  c.   	 The amount requested to be returned is in excess of $100; and
	  d.   	 The application is made within 90 days of the date of the deposit in the general fund of the state of Iowa.
	 4.30(4) Notice at fund-raising event. Pursuant to Iowa Code Supplement section 68A.501, a person requested to make a contribution at a fund-raising event shall be advised that it is illegal to make a contribution in excess of $10 unless the person making the contribution also provides the person’s name and address. Notice of the requirement to provide a person’s name and address for a contribution in excess of $10 may be made orally or in a written statement that is displayed at the fund-raising event.
This rule is intended to implement Iowa Code section 68A.501.