Today (Tuesday) was the last day of the campaign finance period for federal candidates and officeholders. April quarterly reports will disclose contributions received and expenditures made between February 13 and March 31 for most filers. Reports for Officeholders not on the ballot this year will include the entire first quarter. Reports must be filed by July 15.
Because of the primary election and the relatively late onset of COVID-19, we expect most candidates’ reports to demonstrate typical fundraising results. We expect the July quarterly reports to show a significant downturn in contributions, especially from small and medium-sized donors, as economic uncertainty and a lack of public campaigning (read: fundraisers) cut into fundraising efforts.
The postponement of the runoff elections to July 14 has created an odd filing schedule for those candidates. Their runoff reports will be due prior to their July semiannual reports and the days covered by them will be greater. Runoff reports are due July 6 and include contributions received and expenditures made between February 23 and July 4. For all other candidates, their July semiannual reports are due July 15 and cover the period running from either January 1 (no primary opponent) or February 23 (contested primary) through June 30. We also expect to see significant downturns in fundraising in these reports, including for those candidates in runoffs.
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