Repayments.

CFR · 2024-01-01 · US · Title 11

(a) (2) The Commission will notify the candidate of any repayment determinations made under this section as soon as possible, but not later than 3 years after the day of the presidential election. The Commission's issuance of the audit report to the candidate under 11 CFR 9007.1(d) will constitute notification for purposes of this section. (3) Once the candidate receives notice of the Commission's repayment determination under this section, the candidate should give preference to the repayment over all other outstanding obligations of his or her committee, except for any federal taxes owed by the committee. (4) Repayments may be made only from the following sources: personal funds of the candidate (without regard to the limitations of 11 CFR 9003.2(c)), contributions and federal funds in the committee's account(s), and any additional funds raised subject to the limitations and prohibitions of the Federal Election Campaign Act of 1971, as amended. (b) (1) (2) (A) To defray qualified campaign expenses; (B) To repay loans, the proceeds of which were used to defray qualified campaign expenses; and (C) To restore funds (other than contributions which were received and expended by minor or new party candidates to defray qualified campaign expenses) which were used to defray qualified campaign expenses. (ii) Examples of Commission repayment determinations under 11 CFR 9007.2(b)(2) include, but are not limited to the following: (A) Determinations that a candidate, a candidate's autho

official document · source cfr-2024 · id 11:§ 9007.2