(a) Within fifteen (15) calendar days after the end of each calendar quarter, each political party that meets the definition of political party stated in § 7-1-101 or that has met the petition requirements of § 7-7-205 shall file a quarterly report with the Secretary of State.
(b) The report shall include:
(1) The total amount of contributions received by the political party during the preceding calendar quarter;
(2) An itemization, including the name, address, employer, and occupation of each person who made a contribution or contributions to the political party which, in the aggregate, exceeded fifty dollars ($50.00) in the preceding calendar quarter, as well as the amount received and date of receipt;
(3) The total amount of money disbursed by the political party during the preceding calendar quarter; and
(4) An itemization, including the amount of the disbursement, the name and address of the person to whom the disbursement was made, and the date the disbursement was made for each single disbursement that exceeded one hundred dollars ($100).
(c) If a political party received contributions and disbursed money before the calendar quarter in which it met the petition requirements of § 7-7-205, the first quarterly report shall also include all information required by subsection (b) of this section which occurred before the quarter in which the political party met the petition requirements of § 7-7-205.