Download California 461 Form

When filling out the California 461 form, there are several important practices to keep in mind. Here is a list of things to do and avoid:

• Do ensure that all information is accurate and complete. This includes the name of the filer, contributions, and expenditures.
• Do file the form with the appropriate authority based on where the majority of your contributions or expenditures were made.
• Do keep a copy of the completed form for your records after submission.
• Do be aware of the deadlines for filing the form to avoid penalties.
• Do consult the FPPC Campaign Disclosure Manuals for detailed instructions and guidance.

• Don't forget to include all required signatures, especially if the filer is an entity rather than an individual.
• Don't round off amounts inaccurately. Ensure that all figures are reported correctly.
• Don't leave out any entities that should be aggregated under the name of the filer.
• Don't submit the form late. Late submissions can lead to fines or other penalties.
• Don't hesitate to reach out to the FPPC for clarification if any part of the form is unclear.

• Misconception 1: Only large organizations need to file Form 461.

This form is required for both individuals and entities that make significant contributions or independent expenditures, regardless of their size.

• Misconception 2: Form 461 is only for monetary contributions.

In addition to monetary contributions, Form 461 also covers non-monetary contributions, such as goods, services, and loan guarantees.

• Misconception 3: Filing Form 461 is optional for major donors.

Any major donor who contributes $10,000 or more in a calendar year must file this form. It is not optional.

• Misconception 4: Independent expenditure committees do not have to report their spending.

Independent expenditure committees are required to file Form 461 if their expenditures total $1,000 or more in a calendar year.

• Misconception 5: All contributions are treated the same under the law.

There are specific definitions and exceptions for what constitutes a contribution or expenditure. These can vary based on the type of activity.

• Misconception 6: Form 461 can only be filed on paper.

Many major donor and independent expenditure committees must file Form 461 electronically if they reach a certain threshold in contributions or expenditures.

The California Form 461 is essential for major donors and independent expenditure committees. However, it is often accompanied by other important forms and documents that help ensure compliance with campaign finance regulations. Below are four key forms that are frequently used alongside Form 461.

• Form 465 – Supplemental Independent Expenditure Report: This form is used to provide additional details about independent expenditures that exceed $1,000. It helps clarify the nature of these expenditures and ensures transparency in campaign financing.
• Form 497 – 24-Hour Contribution Report: When a contribution of $1,000 or more is received within 90 days of an election, this form must be filed within 24 hours. It allows for timely reporting of significant contributions, promoting transparency in the electoral process.
• Form 410 – Statement of Organization: This form is necessary for registering a committee with the California Secretary of State. It provides essential information about the committee’s structure, purpose, and key officers, ensuring that all committees are properly documented.
• Form 460 – Campaign Statement: This comprehensive form is required for all candidates and committees to report contributions and expenditures. It covers a broader scope than Form 461 and is crucial for tracking overall campaign finances.

Each of these forms plays a vital role in maintaining the integrity of the campaign finance system in California. It is crucial to understand their purposes and ensure timely filing to avoid potential penalties or compliance issues. Staying informed about these requirements will help navigate the complexities of campaign finance effectively.