Committees of candidates who were unsuccessful in the April 3rd primary election and May 15th special election are required to file the subsequent reports of receipts & expenditures after the election in which they were unsuccessful until the committee files a termination report showing a zero balance with no debt. During this time, the committee may not receive any contributions unless it is to satisfy outstanding debt the committee has accrued. Also, committees with surplus funds must disburse of it by contributing the remaining funds to the candidate’s respective political party for political purpose or returning it to the donor.
The disbursal of surplus funds should occur within six months of the candidate’s defeat.
Any questions regarding this matter should be addressed to Wesley Williams, Public Affairs Manager, at (202) 671-0551 or firstname.lastname@example.org.