Campaign Financial Reporting by Corporations

Utah Code tit. 20A, ch. 20A-11, pt. 20A-11-P7

in effect

Utah Code § 20A-11-701.1 Definitions.

20A-11-701.1. Definitions. As used in this part, "political purposes" means an act done with the intent or in a way to influence or tend to influence, directly or indirectly: (1) any person to refrain from voting or to vote for or against any: (a) candidate or a person seeking a municipal or county office at any caucus, political convention, or election; (b) judge standing for retention at any election; (c) ballot proposition; or (d) incorporation election; or (2) any person to sign, refrain from signing, remove the person's signature from, or refrain from removing the person's signature from, a petition for a ballot proposition or an incorporation petition. Enacted by Chapter 74, 2019 General Session

Utah Code § 20A-11-701.5 Campaign financial reporting by corporations -- Filing requirements -- Statement contents.

20A-11-701.5. Campaign financial reporting by corporations -- Filing requirements -- Statement contents. (1) (a) Each corporation that has made expenditures for political purposes that total at least $750 during a calendar year shall file a verified financial statement with the lieutenant governor's office: (i) on January 10, reporting expenditures as of December 31 of the previous year; (ii) seven calendar days before the state political convention for each major political party; (iii) seven calendar days before the regular primary election date; (iv) on September 30; and (v) seven calendar days before the regular general election date. (b) The corporation shall report: (i) a detailed listing of all expenditures made since the last financial statement; (ii) for a financial statement described in Subsections (1)(a)(ii) through (v), all expenditures as of five calendar days before the required filing date of the financial statement; and (iii) whether the corporation, including an officer of the corporation, director of the corporation, or person with at least 10% ownership in the corporation: (A) has bid since the last financial statement on a contract, as defined in Section 63G-6a-103, in excess of $100,000; (B) is currently bidding on a contract, as defined in Section 63G-6a-103, in excess of $100,000; or (C) is a party to a contract, as defined in Section 63G-6a-103, in excess of $100,000. (c) The corporation need not file a financial statement under this section if the corporation made no expenditures during the reporting period. (d) The corporation is not required to report an expenditure made to, or on behalf of, a reporting entity that the reporting entity is required to include in a financial statement described in this chapter, Chapter 12, Part 2, Judicial Retention Elections, Section 10-3-208, or Section 17-70-403. (2) The financial statement shall include: (a) the name and address of each reporting entity that received an expenditure from the corporation, and the amount of each expenditure; (b) the total amount of expenditures disbursed by the corporation; and (c) a statement by the corporation's treasurer or chief financial officer certifying the accuracy of the financial statement. Amended by Chapter 16, 2025 Special Session 1

Utah Code § 20A-11-702 Campaign financial reporting of political issues expenditures by corporations -- Financial reporting.

20A-11-702. Campaign financial reporting of political issues expenditures by corporations -- Financial reporting. (1) (a) Each corporation that has made political issues expenditures on current or proposed ballot issues that total at least $750 during a calendar year shall file a verified financial statement with the lieutenant governor's office: (i) on January 10, reporting expenditures as of December 31 of the previous year; (ii) seven calendar days before the state political convention of each major political party; (iii) seven calendar days before the regular primary election date; (iv) on September 30; and (v) seven calendar days before the regular general election date. (b) The corporation shall report: (i) a detailed listing of all expenditures made since the last financial statement; and (ii) for a financial statement described in Subsections (1)(a)(ii) through (v), expenditures as of five calendar days before the required filing date of the financial statement. (c) The corporation need not file a statement under this section if it made no expenditures during the reporting period. (2) That statement shall include: (a) the name and address of each individual, entity, or group of individuals or entities that received a political issues expenditure of more than $50 from the corporation, and the amount of each political issues expenditure; (b) the total amount of political issues expenditures disbursed by the corporation; and (c) a statement by the corporation's treasurer or chief financial officer certifying the accuracy of the verified financial statement. Amended by Chapter 448, 2025 General Session

Utah Code § 20A-11-703 Criminal penalties -- Fines.

20A-11-703. Criminal penalties -- Fines. (1) Within 60 calendar days after a deadline for the filing of any statement required by this part, the lieutenant governor shall review each filed statement to ensure that: (a) each corporation that is required to file a statement has filed one; and (b) each statement contains the information required by this part. (2) If it appears that any corporation has failed to file any statement, if it appears that a filed statement does not conform to the law, or if the lieutenant governor has received a written complaint alleging a violation of the law or the falsity of any statement, the lieutenant governor shall: (a) impose a fine against the corporation in accordance with Section 20A-11-1005; and (b) within five days after the day on which the lieutenant governor discovers the violation or receives the written complaint, notify the corporation of the violation or written complaint and direct the corporation to file a statement correcting the problem. (3) (a) It is unlawful for any corporation to fail to file or amend a statement within seven calendar days after receiving notice from the lieutenant governor under this section. (b) Each corporation that violates Subsection (3)(a) is guilty of a class B misdemeanor. (c) The lieutenant governor shall report all violations of Subsection (3)(a) to the attorney general. (d) In addition to the criminal penalty described in Subsection (3)(b), the lieutenant governor shall impose a civil fine of $1,000 against a corporation that violates Subsection (3)(a). Amended by Chapter 448, 2025 General Session

Utah Code § 20A-11-704 Statement of organization required for certain new corporations.

20A-11-704. Statement of organization required for certain new corporations. (1) A corporation that is incorporated, organized, or otherwise created less than 90 calendar days before the date of a general election shall file a statement of organization with the lieutenant governor's office before making a contribution to a political action committee or a political issues committee in association with the election. (2) The statement of organization shall include: (a) the name and street address of the corporation; (b) the name, street address, phone number, occupation, and title of one or more individuals that have primary decision-making authority for the corporation; (c) the name, street address, phone number, occupation, and title of the corporation's chief financial officer; (d) the name, street address, occupation, and title of all other officers or managers of the corporation; and (e) the name, street address, and occupation of each member of the corporation's governing and advisory boards, if any. (3) (a) A corporation shall file with the lieutenant governor's office a notice of intent to cease making contributions, if the corporation: (i) has made a contribution described in Subsection (1); and (ii) intends to permanently cease making contributions described in Subsection (1). (b) A notice filed under Subsection (3)(a) does not exempt the corporation from complying with the financial reporting requirements described in this chapter. Amended by Chapter 448, 2025 General Session

Utah Code § 20A-11-705 Notice of in-kind contributions.

20A-11-705. Notice of in-kind contributions. (1) A corporation that makes an in-kind contribution to a reporting entity shall, in accordance with Subsection (2), provide the reporting entity a written notice that includes: (a) the name and address of the corporation; (b) the date of the in-kind expenditure; (c) a description of the in-kind expenditure; and (d) the value, in dollars, of the in-kind expenditure. (2) A corporation shall provide the written notice described in Subsection (1) to the reporting entity: (a) except as provided in Subsection (2)(b), within 31 calendar days after the day on which the corporation makes the in-kind contribution; or (b) within seven business days after the day on which the corporation makes the in-kind contribution, if: (i) the in-kind contribution is to a candidate who is contested in a convention and the corporation makes the in-kind contribution within 30 calendar days before the day on which the convention is held; (ii) the in-kind contribution is to a candidate who is contested in a primary election and the corporation makes the in-kind contribution within 30 calendar days before the day on which the primary election is held; or (iii) the in-kind contribution is to a candidate who is contested in a general election and the corporation makes the in-kind contribution within 30 calendar days before the day on which the general election is held. (3) A corporation that provides, and a reporting entity that receives, the written notice described in Subsection (1) shall retain a copy of the notice for five years after the day on which the written notice is provided to the reporting entity. (4) A corporation or reporting entity that fails to comply with the requirements of this section is guilty of a class B misdemeanor. (5) A person that intentionally or knowingly provides, or conspires to provide, false information on a written notice described in this section is guilty of a class B misdemeanor. Amended by Chapter 448, 2025 General Session

Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title20A/Chapter11/20A-11-P7.html?v=C20A-11-P7_1800010118000101Fetched: 10/26/2026