Tips from CMDI’s Compliance Experts
Campaign finance regulations can be complicated, so CMDI's experienced compliance team shares their favorite tips and best practices.
How to Allocate Surplus Campaign Funds
State primaries are currently taking place across the country. Unfortunately, after every election, many committees must end their efforts. However, before terminating, campaign committees must “wind down.” The campaign infrastructure, which took months or years to build, cannot be dismantled overnight. Campaigns must pay off debt, sell assets and compensate the staff responsible for the wind down process, which includes compliance activities in accordance with FEC regulations. Usually, campaigns are left with few remaining resources. Occasionally, however, former candidates face an unusual dilemma. After losing an election, how does a campaign committee allocate surplus funds?