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Instructions for <br />Schedule H <br />Loans Made to Others <br />All loans made or outstanding are reported on <br />Schedule H. <br />Generally, campaign funds may be used to <br />make loans to other candidates, officeholders, or <br />committees (unless otherwise prohibited) and to <br />bona fide charitable, educational, civic, religious, or <br />similar tax-exempt nonprofit organizations. There <br />are restrictions on loans to any other person, <br />including a candidate who controls the committee, <br />or to a nonprofit organization that is affiliated with <br />a candidate, the treasurer, or other committee <br />officials. <br />For each loan of $100 or more that was made <br />or was outstanding during the reporting period, <br />disclose the recipient's name and address and, if <br />an individual, his/her occupation and employer or, if <br />self employed, the name of the business. <br />Column (a) — Enter the outstanding loan balance <br />at the beginning of this period (column (d) of last <br />report.) If the loan was made this period, this <br />column will be blank. <br />Column (b) — Enter the amount loaned to the <br />recipient during this reporting period. If this loan <br />was made in a previous reporting period, leave <br />blank. <br />Column (c) — Enter the amount of any reduction <br />of the loan during this reporting period. Check <br />whether the loan was paid or forgiven. If the <br />committee forgives a loan, also report the <br />transaction on Schedule E. <br />Column (d) — Enter the outstanding balance of the <br />loan(s) at the close of this reporting period. Enter <br />the due date, if any. <br />Column (e) — Enter the interest rate and amount <br />of interest received on the loan(s) during this <br />reporting period. Interest received is reported <br />separately from payments received on the loan <br />principal. Interest payments are also transferred to <br />the Schedule I Summary. <br />Column (f) — Enter the original amount of the loan <br />and date made. If this is the first time you are <br />reporting the loan, this will be the same amount <br />reported in Column (b). <br />Column (g) — For each loan made during this <br />reporting period that is a contribution,* enter <br />the cumulative amount of contributions (loans, <br />monetary and nonmonetary contributions) <br />made to the recipient during the calendar year <br />covered by the statement. If the recipient is a <br />candidate subject to state contribution limits, or <br />the information is required by local ordinance, also <br />enter the total amount contributed to the candidate <br />in connection with each limitation cycle and identify <br />the election year. (For contributions to state <br />candidates, see the Schedule D instructions.) <br />Schedule H Summary: <br />The Schedule H Summary reflects the "net <br />change" in the committee's loan activity. That is, <br />repayments received are subtracted from new <br />loans made. When the repayment number is larger <br />than the amount of the new loans made, Line 3 <br />will be a negative figure. For example, if $200 <br />is received by the committee during the period <br />and only $100 is made in new loans, report the <br />net change on Line 3 as "-$100" or "($100)." Be <br />sure to carry this figure to the Summary Page as <br />a negative figure to be subtracted from Summary <br />Page totals. <br />Refer to the FPPC Campaign Disclosure Manual <br />for your type of committee for important information <br />about recordkeeping, prohibitions on cash <br />contributions, loan restrictions, and more. <br />*Loans that are contributions to candidates or other <br />committees must also be reported on Schedule D. <br />FPPC Form 460 (Jan/2016) <br />FPPC Advice: advice@fppc.ca.gov (866/275-3772) <br />www.fppc.ca.gov <br />