section 2-245.

(B) Loans. No person shall make, and no candidate for elective office, or campaign treasurer, shall solicit or accept any loan which would cause the candidate, including loans to all political committees or broad-based political committees controlled by the candidate, to exceed $500 for any election. The limit set forth in this subsection shall be adjusted every two years by resolution of the city council pursuant to section 2-245.

(C) Anonymous contributions. No person shall make an anonymous contribution or contributions to a candidate, political committee or broad-based political committee or any other person totaling $100 or more for any election period. An anonymous contribution of $100 or more received by a candidate or such a committee shall not be kept by the intended recipient, but instead shall be paid promptly to the California Secretary of State for deposit in the general fund of the State. This limit on single source anonymous contributions shall not be adjusted except for relevant changes in State law.

(D) Extension of credit. No person shall extend credit, and no candidate for elective office, or campaign treasurer, or political committee or broad-based political committee controlled by the candidate shall solicit or accept, any extension of credit which will extend beyond 90 days from the date upon which the debt is incurred by the candidate, or political committee controlled by the candidate.

(Ord. No. 2976)

SEC. 2-245. ADJUSTING FOR COST OF LIVING CHANGES.

(A) Adjustment. The campaign contribution limits and loan limits set forth in sections2-243 and 2-244, shall be adjusted by the city in February at two year intervals beginning in 2023 to reflect annual changes in the consumer price index (CPI) over the previous two-year period. The city clerk shall use the annual percent change in the consumer price index for all urban consumers (CPI-U) for the selected area that includes Ventura County to determine the appropriate rate of increase. The city clerk shall compute the adjustment for each year separately, adding the adjustment for each year to the prior year’s limit. The city clerk shall then adjust the total amount for the two-year period as specified in subsection (B). The new limit representing the rounded total adjustments for the previous two-year period shall be presented to the city council for approval by resolution.

(B) If the last two digits of the total adjusted limit under subsection (A) for the two-year period is a number between one and 49, then the limit shall be rounded down to the next lowest multiple of 100. If the last two digits of the total adjusted limit for the two-year period is a number between 50 and 99, then the limit shall be rounded up to the next highest multiple of 100.

(Ord. No. 2976)

SEC. 2-246. COMMERCIAL LOANS.

The provisions of this article regarding loans shall not apply to loans made by a commercial lending institution in the lender’s regular course of business on terms available to members of the general public and for which the loan recipient is personally liable.

(Ord. No. 2976)

SEC. 2-247. CAMPAIGN DISCLOSURE.

(A) Campaign bank account. The notice and filing requirements of Cal. Gov’t Code, Sections 81000et seq. regarding the campaign bank account shall also be made to the city clerk at the same time and in the same manner as reporting is made to the fair political practices commission for the State of California.

(B) Committee registration. Every political committee and broad-based political committee involved in a municipal election which files campaign reports shall file also with the city clerk in the same form, content, and procedure as set forth in Cal. Gov’t Code, Sections 81000 et seq.

(C) Electronic filing of campaign disclosure statements. Pursuant to Cal. Gov’t Code, Section 84615, the City of Oxnard hereby finds that online or electronic filing will facilitate the efficient and secure filing of required campaign reports, and that such system will operate securely and effectively and will not unduly burden filers.

(1) Whenever any elected officer, candidate, or committee is required to file a campaign statement under the Political Reform Act or the Regulations with the city

clerk, the elected officer, candidate, or committee shall file the statement in an electronic format prescribed by the city clerk.

(2) Any statement, report, or other document filed electronically or online pursuant to this section will be accepted as an original statement and need not be filed in

paper format. To ensure reporting continuity, once a statement, report, form, or other document is filed electronically on behalf of any elected officer, candidate, or committee, all future statements, reports, forms, and other documents filed on behalf of that officer, candidate or committee must be filed electronically. An elected officer, candidate, committee or other person may choose not to use the electronic filing system by filing all original statements, reports, forms, or other documents in paper format with the city clerk, until such time as the city council determines that electronic filing is mandatory for all filers.

(3) The date of filing for a statement, report, or other document that is filed online or electronically shall be the day that it is received by the local filing officer, and

the electronic system will provide confirmation with a timestamp ensuring that the statement, report, or other document was received.

(4) If access to online filings has not been prescribed in a timely manner, the elected city officer, candidate, or committee may file an original statement by paper, at

the discretion of the filing officer.

(5) The provisions of this subsection shall apply only to persons or combinations of persons who qualify as a committee under Section 82013 of the Political Reform

Act.

(6) The city clerk is authorized to adopt such administrative policies and procedures as deemed necessary to implement this chapter.

(Ord. No. 2976, 2978)

SEC. 2-248. DUTIES OF CITY CLERK.

The city clerk shall administer the provisions of this article. In addition to other duties required of the city clerk under the terms of this chapter, the city clerk shall:

(A) Supply appropriate forms and manuals prescribed by the fair political practices cornrnission. These forms and manuals shall be furnished to all candidates and committees, and to other persons required to file reports.

(B) Determine whether required documents have been filed and, if so, whether they conform on their face with the requirements of this article and State law.

(C) Notify promptly all persons and known committees who have failed to file a document in the form and at the time required by State law, and promptly notify a person, candidate, campaign treasurer, political committee or broad-based political committee of any violations of this article. The city clerk shall inform the person, candidate, campaign treasurer, political committee or broad-based political committee that they shall have two weeks to correct the violation, after which the violation shall be made known to the city council, other candidates, and be made available as a public record.

(D) Compile and maintain a current list of all statements or parts of statements filed with the city clerk’s office pertaining to each candidate and each measure.

(E) Review reports and statements filed by candidates and committees supporting or opposing candidates for city council as required by State law and this article.

(F) Initiate the adjustment of the campaign contribution limits as specified in section2-245 to reflect the CPI change for the prior 24-month period.

(Ord. No. 2976)

SEC. 2-249. VIOLATION; PENALTY.

Any person violating any of the provisions of this article relating to campaign contributions and disclosure is guilty of a misdemeanor and subject to punishment in accordance with section 1-10 of this code. Individuals violating this article by failing to timely file the documents required by this article and State law shall also be subject to the fines specified in Cal. Gov’t Code, Section 91013, as that section may be amended or renumbered from time to time.

(Ord. No. 2976)