Idaho Regulations § 34.03.01.016 COMMUNITY PROPERTY CONTRIBUTIONSVersion dated Oct. 30, 2024
This is an older version of § 34.03.01.016 COMMUNITY PROPERTY CONTRIBUTIONS which we archived on October 30, 2024.
Regulation Text
01.
Contributions of Community Property -- How Treated
. A contribution of community property shall be deemed to be given one-half (1/2) by each spouse. To be treated as community property the contribution must be specifically identified a such. Moneys contributed from a joint account of husband and wife shall be deemed to be received one-half (1/2) from each spouse only if both spouses have signed the check. The following are examples of contributions: (3-31-22)
a.
Husband contributes sixty dollars ($60) by personal check to political treasurer X out of community funds. There is no specific designation that such sixty dollars ($60) contribution is community property. X must treat the entire sixty dollars ($60) contribution as coming from husband. (3-31-22)
b.
Husband contributes by personal check sixty dollars ($60) to a political treasurer X out of community funds. Accompanying such contribution is a statement certifying that such contribution is from the community funds of husband and wife. X must report husband and wife as each contributing thirty dollars ($30). (3-31-22)
c.
Wife contributes sixty dollars ($60) to political treasurer X by personal check drawn on the joint account of husband and wife. Wife is the only spouse to sign the check. X must report the entire sixty dollars ($60) as being contributed by wife. (3-31-22)
d.
Husband and wife contribute sixty dollars ($60) to political treasurer X by a check drawn on their joint account both husband and wife have signed the check. X should report husband and wife as each contributing thirty dollars ($30). (3-31-22)
e.
Assuming that after contributing as in the example in Subsection
016.01.d
., husband contributes separately another twenty-five dollars ($25) X should report husband aggregate total as fifty-five dollars ($55) and pursuant to Section
67-6610
must list husband's name and address on the campaign financial disclosure report. (3-31-22)