Arizona Laws 16-933. Transfer and disposal of committee monies; limitations
A. A committee that intends to terminate shall dispose of surplus monies as follows:
Terms Used In Arizona Laws 16-933
- Candidate: means an individual who receives contributions or makes expenditures or who gives consent to another person to receive contributions or make expenditures on behalf of that individual in connection with the candidate's nomination, election or retention for any public office. See Arizona Laws 16-901
- Candidate committee: includes the candidate. See Arizona Laws 16-901
- Committee: means a candidate committee, a political action committee or a political party. See Arizona Laws 16-901
- Contribution: means any money, advance, deposit or other thing of value that is made to a person for the purpose of influencing an election. See Arizona Laws 16-901
- Election: means any election for any ballot measure in this state or any candidate election during a primary, general, recall, special or runoff election for any office in this state other than a federal office and a political party office prescribed by chapter 5, article 2 of this title. See Arizona Laws 16-901
- Election cycle: means the two-year period beginning on January 1 in the year after a statewide general election and ending on December 31 in the year of a statewide general election or, for cities and towns, the two-year period beginning on the first day of the calendar quarter after the calendar quarter in which the city's or town's second, runoff or general election is scheduled and ending on the last day of the calendar quarter in which the city's or town's immediately following second, runoff or general election is scheduled, however that election is designated by the city or town. See Arizona Laws 16-901
- Legislative office: means the office of representative in the state house of representatives or senator in the state senate. See Arizona Laws 16-901
- Legislative session: That part of a chamber's daily session in which it considers legislative business (bills, resolutions, and actions related thereto).
- Surplus monies: means those monies of a terminating committee that remain after all of the committee's expenditures have been made, all debts have been extinguished and the committee ceases accepting contributions. See Arizona Laws 16-901
1. Return surplus monies to the contributor.
2. Contribute surplus monies pursuant to and within the limits prescribed in article 1.2 of this chapter.
3. In the case of a candidate committee, contribute surplus monies to a candidate committee for another candidate under the following conditions:
(a) The candidate committee makes the contribution after the time period for filing a nomination paper pursuant to section 16-311, subsection A.
(b) The candidate associated with the candidate committee that makes the contribution did not file a nomination paper to run for election in the current election cycle.
(c) In the case of a candidate committee for legislative office, the candidate committee makes the contribution when the legislature is not in regular legislative session.
(d) The candidate committee makes the contribution within the limits prescribed for individuals in section 16-912.
4. Donate surplus monies to a nonprofit organization that has tax exempt status under section 501(c)(3) of the internal revenue code.
5. In the case of a statewide or legislative candidate committee and subject to section 41-133, transfer surplus monies to the candidate’s officeholder expense account.
B. Surplus monies shall not be used for or converted to personal use.
C. This section does not preclude the repayment of a loan to a committee.