The depository reporting system was established by Section 19 of M.G.L. Chapter 55, the Massachusetts campaign finance law.
Candidates and committees in this reporting system arrange for their financial institutions to file twice-monthly reports with OCPF listing their total monthly deposits and providing detailed information about the committee's expenditures. In addition, these candidates and committees file twice-monthly reports of contribution information, and, if applicable, detailed monthly reports for any reimbursement, subvendor or credit card payments made by the committee.
These candidates and committees are also responsible for filing year-end summary reports.
OCPF Memorandum M-89-02: Information on obtaining a Federal ID number and filing tax returns for political committees.