Sec. 115. Remitting unexpended payments
247 words·~1 min read·
/bill/115/hr/7306/ih/section-115A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than the date that is 10 days after the date on which a candidate withdraws from an election or no longer qualifies to be on the ballot for an election, any authorized committee of the candidate to which payments were made under the Program shall remit to the Democracy Dollars Fund under section 301 any amounts in the separate account established by the committee for payments received under the Program (as described in section 103(a)(3)) which remain unexpended as of such date.
To the greatest extent practicable, the Democracy Dollar Administrator shall increase the amounts available under this subtitle for an eligible individual to make payments under the Democracy Dollars Program to take into account the remittance of unspent amounts under this section by an authorized committee that were attributable to payments made at the request of the eligible individual, and shall allocate such increase— to the House election share set forth for the individual under paragraph
(1)of section 111(a), in the case of an authorized committee of a candidate for a House election; to the Senate election share set forth for the individual under paragraph
(2)of section 111(a), in the case of an authorized committee of a candidate for election to the office of Senator; and to the presidential election share set forth for the individual under paragraph
(3)of section 111(a), in the case of an authorized committee of a candidate for election to the office of President or Vice President.