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(1) Except as provided in subsection (2) of this section for the purpose of reporting the top 10 largest sources of payments to an incidental committee, pursuant to RCW 29B.25.090, a "payment" means any monetary transfer or in-kind value accepted by the incidental committee, regardless of the donative intent or benefit received by the person making the transfer.
(2) A "payment" does not include:
(a) A source of funding the nonprofit organization is legally bound and explicitly prohibited from using for the purpose of supporting or opposing a candidate or ballot proposition campaign; or
(b) The fair market appreciation of assets held by an incidental committee such as in an investment account, including a brokerage account, and the sale or transfer of such assets from the account to the incidental committee.
[Statutory Authority: RCW 42.17A.110 and 2024 c 164. WSR 26-01-209, s 390-05-521, filed 12/24/25, effective 1/1/26. Statutory Authority: RCW 42.17A.110(1) and 2018 c 111. WSR 19-08-092, § 390-05-521, filed 4/3/19, effective 5/4/19.]