(a) Any balance in the exploratory committee fund shall be transferred only to an established political committee or nonprofit organization, within the meaning of section 501(c) of the Internal Revenue Code, operating in good standing in the District for a minimum of one calendar year before the date of any transfer.
(b) Exploratory committee fund balances shall not be deemed the personal funds of any individual, including the individual seeking public office.
(Apr. 27, 2012, D.C. Law 19-124, § 318, 59 DCR 1862; Mar. 13, 2019, D.C. Law 22-250, § 6(w), 66 DCR 985.)
Section 7183 of D.C. Law 24-45 repealed section 10(a) of D.C. Law 22-250 removing the applicability provision impacting this section. Therefore the amendment of this section by Law 22-250 has been implemented.
Section 7183 of D.C. Act 24-159 repealed section 10(a) of D.C. Law 22-250 removing the applicability provision impacting this section. Therefore the amendment of this section by Law 22-250 has been implemented.
Applicability of D.C. Law 22-250: § 10 of D.C. Law 22-250 provided that the change made to this section by § 6(w) of D.C. Law 22-250 is subject to the inclusion of the law’s fiscal effect in an approved budget and financial plan. Therefore that amendment has not been implemented.
Structure District of Columbia Code
Title 1 - Government Organization
Chapter 11A - Ethics and Government Accountability
Subchapter III - Campaign Finance
Part B - Campaign Finance Committees
§ 1–1163.07. Organization of committees
§ 1–1163.08. Designation of campaign depositories; petty cash fund
§ 1–1163.10. Principal campaign committee
§ 1–1163.10a. Fund balance requirements of principal campaign committees
§ 1–1163.11. Specific requirements for statements of organization
§ 1–1163.12. Registration statement of candidate; depository information
§ 1–1163.12a. Non-contribution accounts
§ 1–1163.13. Additional identifications and certifications
§ 1–1163.14. Exemption for total expenses under $500
§ 1–1163.15. Identification of political advertising
§ 1–1163.17. Specific requirements for reports of receipts and expenditures by political committees
§ 1–1163.18. Fund balance requirements of exploratory committees
§ 1–1163.19. Aggregate and individual contribution limits of exploratory committees
§ 1–1163.20. Contributions to exploratory committees
§ 1–1163.21. Duration of an exploratory committee
§ 1–1163.22. Contributions to inaugural committees
§ 1–1163.23. Fund balance requirements for inaugural committees
§ 1–1163.24. Duration of an inaugural committee
§ 1–1163.25. Fund balance requirements for transition committees
§ 1–1163.26. Contributions to transition committees
§ 1–1163.27. Duration of a transition committee; restriction on formation