4 Neb. Admin. Code, ch. 10, § 011

Current through June 2, 2024
Section 4-10-011 - Ballot Question Committees; Posting of Bonds to Guaranty Payment of Late Filing Fees, Civil Penalties and Interest. Section 49-1461.01
01. A ballot question committee shall file with the Commission a surety bond running in favor of the State of Nebraska with surety by a corporate bonding company authorized to do business in this state and conditioned upon the payment of all fees, penalties, and interest which may be imposed under the Nebraska Political Accountability and Disclosure Act.
02. A bond in the amount of five thousand dollars shall be filed with the Commission within thirty days after the committee receives contributions or makes expenditures of more than one hundred thousand dollars in a calendar year. The amount of the bond shall be increased by five thousand dollars for each additional five hundred thousand dollars received or expended in a calendar year.
03. Proof of any required increase in the amount of the bond shall be filed with the Commission within thirty days after each additional five hundred thousand dollars is received or expended.
04. Upon any failure to pay late filing fees, civil penalties, or interest due under the Nebraska Political Accountability and Disclosure Act, the Commission shall first attempt to recover from the proceeds of the bond prior to proceeding to recovering from the treasurer of the committee.

4 Neb. Admin. Code, ch. 10, § 011

Amended effective 12/9/2015.