To amend the Federal Election Campaign Act of 1971 to require each authorized committee or leadership PAC of a candidate for election for Federal office to disburse all of the funds of the committee or PAC which remain unexpended after the date of the election, and for other purposes.
Honest Elections and Campaign, No Gain Act
This bill requires each authorized candidate committee or leadership political action committee (PAC) to disburse all unused funds within a specified time period beginning after an election, unless the candidate files to run for office again before the disbursement period begins. A committee or PAC disbursing unspent funds shall first pay any obligations incurred and, if funds are left over, it may disburse the funds in specified ways, such as by transferring the funds to a national or state committee of a political party.
Introduced in House
Introduced in House
Referred to the Committee on House Administration, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on House Administration, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on the Constitution and Civil Justice.
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