Guam § 17116 - Quarterly Reports.

§ 17116. Quarterly Reports.

(a) Every candidate, political party, or committee shall submit quarterly reports to the Election

Commission. The first report shall be due January 15 in the first quarter of the year. In election years, the

reports shall be submitted as follows:

(1) January 15 for the period covering October through December of the previous year, and

(2) April 15 for the period covering January through March. Additionally, a preliminary report

shall be submitted no later than ten ( 10) days prior to a primary election with a final report submitted

no later than ten ( 10) days after a primary election. For the general election, a preliminary report shall

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be submitted no later than ten (10) days prior to a general election with a final report submitted no

later than twenty (20) days after a general election.

(b) In non-election years, candidates, political parties, and committees shall submit quarterly reports

on:

(1) January 15 for the period covering October through December of the previous year;

(2) April 15 for the period covering January through March;

(3) July 15 for the period covering April through June; and

(4) October 15 for the period covering July through September.

(c) The reports shall be certified pursuant to § 17103 of this Chapter and shall contain the following

information:

(1) the aggregate sum of contributions received authorized by § 17111 (b) of this Chapter;

(2) the amount, date of receipt, and date of deposit (when applicable) of the contribution and the

name and address of each donor who makes a contribution of more than One Hundred Dollars

($100.00);

(3) all expenditures made, incurred, or authorized by or for a candidate, including the name and

address of each payee and the amount, date, and purpose of each expenditure; and

(4) copies of all bank statements for the relevant calendar quarter.

(d) A candidate, party, or committee that receives no contributions or makes no expenditures shall

nevertheless file quarterly reports as required by law, the last of which shall be due not later than the

fifteenth (15th) day after the last day of the calendar quarter following the primary, general, or special

election.

(e) Every candidate, party, or committee shall file quarterly reports until one of the following

conditions is met:

(1) The depletion of campaign funds or the elimination of any remaining deficit; or

(2) The transfer of any remaining surplus or deficit to a new organization designated explicitly

for a subsequent campaign, under the condition that the new organization pertains to the same electoral

office in the case of a candidate or serves the same purpose or addresses the same issue in the case of

a committee.