§ 2-5.08. Aggregation of contributions.
(a)
Contributions by a husband and wife shall be treated as contributions by separate persons and shall not be aggregated.
(b)
Contributions by children under eighteen (18) years of age shall be treated as contributions by their parents and attributed proportionately to each parent (one-half to each parent or the total amount to a single custodial parent).
(c)
Two (2) or more entities shall be treated as one person and aggregated for contribution limits, when any of the following circumstances apply:
(1)
The entities share the majority of members of their board of directors.
(2)
The entities share two (2) or more officers.
(3)
The entities are owned or controlled by the same majority shareholder or shareholders.
(4)
The entities are in a parent-subsidiary relationship.
(d)
Nothing herein shall prohibit a person who directs or controls contributions of any entity from making a separate contribution from his or her own personal funds, and such contribution shall not be aggregated for purposes of the contribution limits of this chapter.
(§ 1 (Exh. A), Ord. 1156, eff. May 27, 2010)