§ 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. Jan. 23, 2014.)
Structure Vermont Statutes
§ 2904a. Reports to the State Ethics Commission
§ 2905. Adjustments for inflation
§ 2906. Campaign database; candidate information web page
§ 2921. Candidates; registration; checking account; treasurer
§ 2922. Political committees; registration; checking account; treasurer
§ 2923. Political parties; registration; checking accounts; treasurer
§ 2924. Candidates; surplus campaign funds; new campaign accounts
§ 2925. Political committees; surplus campaign funds
§ 2941. Limitations of contributions
§ 2943. Limitations adjusted for inflation
§ 2944. Accountability for related expenditures
§ 2945. Accepting contributions
§ 2946. Candidate’s attribution to previous cycle
§ 2947. Contributions from a candidate
§ 2948. Prohibition on transferring contributions
§ 2949. Use of term “candidate”
§ 2950. State officers and State office candidates; contractor contribution restrictions
§ 2961. Submission of reports to the Secretary of State
§ 2962. Reports; general provisions
§ 2963. Campaign reports; Secretary of State; forms; filing
§ 2966. Reports by candidates not reaching monetary reporting threshold
§ 2967. Additional campaign reports; candidates for State office and the General Assembly
§ 2968. Campaign reports; local candidates
§ 2969. Reporting of surplus maintenance by former candidates
§ 2970. Campaign reports; other entities; public questions
§ 2971. Report of mass media activities
§ 2972. Identification in electioneering communications
§ 2973. Specific identification requirements for radio, television, or Internet communications
§ 2982. Filing of Vermont campaign finance affidavit
§ 2983. Vermont campaign finance grants; conditions
§ 2984. Qualifying contributions