§ 18424.3. Behested Payment Reporting. Payments from Donor Advised Funds.
2 CA ADC § 18424.3Barclays Official California Code of Regulations
2 CCR § 18424.3
§ 18424.3. Behested Payment Reporting. Payments from Donor Advised Funds.
(a) The “name of payor” reported in a behested payment report under Section 84224 for a payment from a sponsoring organization utilizing a donor advised fund must include the following information to the extent it is known by the elected officer or Public Utility Commission (“PUC”) member filing the report:
(3) The name of the donor. Where a donor advised fund has more than one donor, the name of the donor, or donors, who exercised advisory privileges over the donor advised fund for the payment may be provided in lieu of naming each donor. Where a donor's advisor exercised discretion in the making of a behested payment, the official must provide the name of the donor's advisor for this payment, in addition to the donor. If the sponsoring organization withholds the donor information, the official shall report the name as “anonymous donor” and to the extent known, the donor's advisor.
(b) It is the duty of the elected officer or Public Utilities Commission member to identify and report the information required by subdivision (a) with as much specificity as the official knows or can determine by inquiring with the sponsoring organization. If the official learns the identity of the donor or donor advised fund with greater specificity after the report filing date, the official has a duty to amend the behested payment report with the information within 10 days of the official receiving the additional information.
Credits
Note: Authority cited: Section 83112, Government Code. Reference: Section 84224, Government Code.
History
1. New section filed 11-22-2021; operative 12-22-2021 pursuant to Cal. Code Regs., tit. 2, section 18312(e). Submitted to OAL for filing pursuant to Fair Political Practices Commission v. Office of Administrative Law, 3 Civil C010924, California Court of Appeal, Third Appellate District, nonpublished decision, April 27, 1992 (FPPC regulations only subject to 1974 Administrative Procedure Act rulemaking requirements and not subject to procedural or substantive review by OAL) (Register 2021, No. 48).
This database is current through 4/26/24 Register 2024, No. 17.
Cal. Admin. Code tit. 2, § 18424.3, 2 CA ADC § 18424.3
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