[Code of Federal Regulations]
[Title 26, Volume 20]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR701.9006-1]

[Page 157-158]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 701_PRESIDENTIAL ELECTION CAMPAIGN FUND--Table of Contents
 
Sec. 701.9006-1  Presidential Election Campaign Fund.




    Authority: 26 U.S.C. 7805.


    (a) Transfer of amounts to the Presidential Election Campaign Fund. 
The Secretary shall determine at least once a month the amount 
designated by individuals under section 6096 to the Presidential 
Election Campaign Fund (``Fund'') established under section

[[Page 158]]

9006(a). The Secretary shall then promptly transfer from the general 
fund of the Treasury that amount to the Fund. Only amounts transferred 
to the Fund on or before September 30 following a presidential election 
shall be used to satisfy certifications relating to that presidential 
election.
    (b) Creation of separate accounts within the Presidential Election 
Campaign Fund. The Secretary shall establish, within the Presidential 
Election Campaign Fund, three separate accounts, designated as the 
Presidential Nominating Convention Account, the Presidential and Vice 
Presidential Nominee Account, and the Presidential Primary Matching 
Payment Account.
    (c) Transfer of amounts to the Presidential Nominating Convention 
Account. The Secretary shall deposit in the Presidential Nominating 
Convention Account such amounts as the Secretary determines, in 
consultation with the Federal Election Commission (the ``Commission''), 
are required to make the payments prescribed by section 9008(b)(3). The 
Secretary shall make this deposit only from amounts that have actually 
been transferred to the Presidential Election Campaign Fund under Sec. 
701.9006-1(a).
    (d) Transfer of amounts to the Presidential and Vice Presidential 
Nominee Account. After making the transfers prescribed by Sec. 
701.9006-1(c), the Secretary shall deposit in the Presidential and Vice 
Presidential Nominee Account such amounts as the Secretary determines, 
in consultation with the Commission, are required to make the payments 
prescribed by section 9006(b). The Secretary shall make this deposit 
only from amounts that have actually been transferred to the 
Presidential Election Campaign Fund under Sec. 701.9006-1(a).
    (e) Limit on additional deposits. After making the transfers 
prescribed by Sec. Sec. 701.9006-1(c) and 701.9006-1(d) for a 
presidential election, including any transfers on account of adjustments 
under section 9008(b)(5) and post-election entitlements under section 
9004(a)(3), the Secretary shall not make any additional deposits to 
those accounts until October 1 of the year following that presidential 
election.
    (f) Transfer of amounts to the Presidential Primary Matching Payment 
Account. See Sec. 702.9037-1 for rules relating to transfers of amounts 
to the Presidential Primary Matching Payment Account.

[56 FR 21599, May 10, 1991; 56 FR 27999, June 18, 1991]