What happens if my committee does not file disclosure reports? Or file them late?

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What happens if my committee does not file disclosure reports? Or file them late?

Noncandidate committees are required to electronically file disclosure reports on the Noncandidate Committee Filing System in accordance with a reporting schedule which has been set by law.  There are no exceptions or waivers.  Failure to file the required report by the applicable deadline may result in monetary fines.