Vt. Stat. Ann. tit. 17, § 2925
Political committees; surplus campaign funds
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
(1) 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.
(1) 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.
(2) Surplus funds in a political committee's account shall be: contributed to other candidates, political parties, or political committees subject to the contribution limits set forth in this chapter;
(2) Surplus funds in a political committee’s account shall be: contributed to other candidates, political parties, or political committees subject to the contribution limits set forth in this chapter;
(3) contributed to a charity;
(3) contributed to a charity;
(4) contributed to the Secretary of State Services Fund; or
(4) contributed to the Secretary of State Services Fund; or
(5) liquidated using a combination of the provisions set forth in subdivisions (1)-(3) of this subsection.
(5) liquidated using a combination of the provisions set forth in subdivisions (1)-(3) of this subsection.
(6) 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.
(6) The “final report” of a political committee shall indicate the amount of the surplus and how it has been liquidated.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.