77029224.2-949.7Virginia Decodedhttps://vacode.org2016ElectionsCampaign Finance Disclosure Act Of 2006Political Action CommitteesLarge dollar contribution reporting requirement for political action committees1984, c. 480, § 24.1-923; 1991, cc. 9, 709; 1993, cc. 639, 641, § 24.2-923; 1995, c. 785; 2002, cc. 156, 237; 2003, c. 256; 2004, c. 26; 2005, c. 9; 2006, cc. 787, 892.http://law.lis.virginia.gov/vacode/24.2-949.7/24.2-949.6Filing schedule for political action committees/24.2-949.6//24.2-949.7/24.2/9.3/4/24.2-949.7

In addition to the quarterly reports required by § 24.2-949.6, political action committees shall report any single contribution or loan of $ 10,000 or more received at any time during the calendar year within three business days of receipt of the contribution or loan.section

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Any contribution or loan reported pursuant to this section shall also be reported on the next subsequent report required under § 24.2-949.6 following receipt of the contribution or loan.section

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For the purposes of this section, political action committees shall report as one contribution multiple contributions from a single source that have been subdivided into smaller amounts or given through different bank accounts for the purpose of evading the $ 10,000 threshold. A political action committee that receives contributions from affiliated organizations shall not be deemed to be receiving contributions from a single source.section

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