South Carolina Code 8-13-1370. Use of unexpended contributions by candidate after election; distribution of unexpended funds of committee
(1) to defray ordinary and necessary expenses incurred in connection with his duties in his public office;
Terms Used In South Carolina Code 8-13-1370
- Ballot measure: means a referendum, proposition, or measure submitted to voters for their approval. See South Carolina Code 8-13-1300
- Ballot measure committee: means :
(a) an association, club, an organization, or a group of persons which, to influence the outcome of a ballot measure, receives contributions or makes expenditures in excess of two thousand five hundred dollars in the aggregate during an election cycle;
(b) a person, other than an individual, who, to influence the outcome of a ballot measure, makes contributions aggregating at least fifty thousand dollars during an election cycle to or at the request of a ballot measure committee; or
(c) a person, other than an individual, who, to influence the outcome of a ballot measure, makes independent expenditures aggregating two thousand five hundred dollars or more during an election cycle. See South Carolina Code 8-13-1300 - Candidate: means : (a) a person who seeks appointment, nomination for election, or election to a statewide or local office, or authorizes or knowingly permits the collection or disbursement of money for the promotion of his candidacy or election; (b) a person who is exploring whether or not to seek election at the state or local level; or (c) a person on whose behalf write-in votes are solicited if the person has knowledge of such solicitation. See South Carolina Code 8-13-1300
- Committee: includes a party committee, a legislative caucus committee, a noncandidate committee, or a committee that is not a campaign committee for a candidate but that is organized for the purpose of influencing an election. See South Carolina Code 8-13-1300
- Election: means :
(a) a general, special, primary, or runoff election;
(b) a convention or caucus of a political party held to nominate a candidate; or
(c) the election of delegates to a constitutional convention for proposing amendments to the Constitution of the United States or the Constitution of this State. See South Carolina Code 8-13-1300 - Elective office: includes the office of probate judge. See South Carolina Code 8-13-1300
- Expenditures incurred: means an amount owed to a creditor for purchase of delivered goods or completed services. See South Carolina Code 8-13-1300
- Individual: means one human being. See South Carolina Code 8-13-1300
- Political party: means an association, a committee, or an organization which nominates a candidate whose name appears on the election ballot as the candidate of that association, committee, or organization. See South Carolina Code 8-13-1300
(2) to be contributed to an organization exempt from tax under Section 501(c)(3) of the Internal Revenue Code of 1986, a political party, or a committee;
(3) to be maintained in the campaign account for a subsequent race for the same elective office;
(4) to further the candidacy of the individual for a different elective office. However, after December 31, 1992, the funds must be used in a campaign for a different elective office only as provided for in § 8-13-1352;
(5) to be returned pro rata to all contributors;
(6) to be contributed to the state’s general fund; or
(7) to be distributed using a combination of these options.
(B) No candidate may expend contributions for personal use.
(C) A committee required to file reports under this article which has an unexpended balance of funds upon final disbursement not otherwise obligated for expenditures incurred to further the committee’s purposes must designate how the surplus funds are to be distributed. The surplus funds must be:
(1) contributed to the state’s general fund;
(2) returned pro rata to all contributors;
(3) contributed to a political party or to another committee;
(4) contributed to an organization exempt from tax pursuant to the provisions of Section 501(c)(3) of the Internal Revenue Code; or
(5) distributed using a combination of these options.
(D) A ballot measure committee required to file reports under this article which has an unexpended balance of funds upon final disbursement not otherwise obligated for expenditures incurred to further the ballot measure committee‘s purposes must designate how the surplus funds are to be distributed. The surplus funds must be:
(1) contributed to the state’s general fund;
(2) returned pro rata to all contributors;
(3) contributed to another ballot measure committee;
(4) contributed to an organization exempt from tax pursuant to the provisions of Section 501(c)(3) of the Internal Revenue Code; or
(5) distributed using a combination of these options.