Bill > S3574

Introduced Session

This bill requires the campaign depository accounts of candidates and joint candidates for elected public office to be closed not later than seven years following the end of service in the elected public office or the unsuccessful attempt to be elected to public office, as the case may be. Under the bill, each campaign depository account established by a candidate or joint candidates, or former candidate or joint candidates, would be required to be closed not later than seven years following the end of service in the elected public office or the unsuccessful attempt to be elected to public office, as the case may be, of the candidate or candidates for whom the campaign depository account was established. The bill requires such candidates who on the bill's effective date maintain or participate either directly or indirectly in the management or control of one or more candidate committees or joint candidates committees, or both, beyond that seven-year timeframe, to wind up or cause to be wound up the affairs of those committees within one year. For all campaign depository accounts of candidates or joint candidates required to be closed after seven years following the end of service in an elected public office or the unsuccessful attempt to be elected to public office, as the case may be, the bill requires funds remaining in those accounts that have not been transferred to permitted purposes to be transferred to the State General Fund. The bill directs the Election Law Enforcement Commission to promulgate any rules and regulations necessary for its implementation.

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Joe Cryan (D)*, 

Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee (on 09/12/2024)

Official Document