Credit card disbursements
Committees can pay for operating expenditures by charging a committee credit card.
Reporting on PAC forms
Political action committees report operating expenditures that were charged to a credit card on Form 3X, Line 21(b). Committees must itemize the credit card payment if payments exceed the $200 aggregate threshold during the calendar year.
The committee must also itemize, as a memo entry, any specific transactions charged on a credit card if payments to the actual vendor exceed the $200 aggregate threshold during the calendar year. The memo entry must include the name and address of the vendor, the purpose of the disbursement, date the services were received, and the amount of the disbursement.
Reporting with FECFile
To enter a credit card payment, go to the Summary Page tab, right click on “Line 21(b) Other federal operating expenditures” and select “new.” To add memo entries to this payment, go to the “disbursements” tab and find the credit card payment. Right click on the credit card payment, select “Transaction Split.” Enter each vendor by clicking “add new.”