Iowa Simplifies Verified Statement Requirements

Effective July 1, 2007, a Federal PAC making a contribution in Iowa is only required to file a "Verified Statement" with the Iowa Ethics and Campaign Disclosure Board. Previously, Iowa law required a Federal PAC to file a second copy of the Verified Statement with the treasurer of the committee receiving the contribution. A Federal PAC must file the Verified Statement with the Ethics and Campaign Disclosure Board within 15 days of making a contribution to an Iowa candidate or committee.

The new law was contained in former Senate File 39.