Current through L. 2024, c. 185.
Section 2925 - Political committees; surplus campaign funds(a) A member of a political committee that has surplus funds after all campaign debts have been paid shall not convert the surplus to personal use.(b) Surplus funds in a political committee's account shall be:(1) contributed to other candidates, political parties, or political committees subject to the contribution limits set forth in this chapter;(2) contributed to a charity;(3) contributed to the Secretary of State Services Fund; or(4) liquidated using a combination of the provisions set forth in subdivisions (1)-(3) of this subsection.(c) The "final report" of a political committee shall indicate the amount of the surplus and how it has been liquidated.Added 2013, No. 90 (Adj. Sess.), § 3, eff. 1/23/2014.