Like Countable?

Install the App
TRY NOW

house Bill H.R. 1308

Should Ex-Politicians Have to Disburse Leftover Campaign Funds Within 6 Years?

Argument in favor

Political donations are made for the express purpose of helping a specific candidate get elected. When a politician loses their race or leaves public office, any remaining donations should be returned to donors, distributed to other candidates, or donated to charity (per existing allowable uses) — and this should happen within a reasonable period of time.

Janet's Opinion
···
05/03/2019
Yes, but I do not understand waiting six years. I would think it would be done immediately, or by the end of the first year.
Like (144)
Follow
Share
Ellen's Opinion
···
05/03/2019
Actually I think they should have to disburse funds immediately but that would be almost impossible for these ConMan to give up their money so quickly
Like (69)
Follow
Share
Kodiwodi's Opinion
···
05/03/2019
I support this bipartisan bill. I only question why it gives former candidates 6 years. It would be much more acceptable if creditors were to be paid within a year and allowing so long does increase the likelihood that the funds will be misused for personal expenses untaxed.
Like (62)
Follow
Share

Argument opposed

The FEC already has rules governing allowable uses of campaign funds after a politician leaves elected office or loses their election. While it isn’t ideal for politicians to leave campaign funds open indefinitely, it’s not worth stretching the FEC’s already-limited resources to enforce this bill, given how few people are affected on a yearly basis.

David 's Opinion
···
05/03/2019
Six years is far too long. These accounts should be locked down within one month after the election, accounts audited, and funds fully disbursed within six months following the election. No rollovers, no access, disbursements only in the form of returns to donors or donations to charity with donor’s consent.
Like (95)
Follow
Share
Jim's Opinion
···
05/03/2019
Six years is insane. It should instantly go towards the national debt.
Like (27)
Follow
Share
Daniel's Opinion
···
05/03/2019
Campaign funds should be delt with the same as 501(c) funds. The money should be given to a pre-stated not-for-profit organization. They shouldn’t wait six years though, it should be at the end of their current campaign.
Like (26)
Follow
Share

bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      Committee on Administration
    IntroducedFebruary 15th, 2019
    Yes, but I do not understand waiting six years. I would think it would be done immediately, or by the end of the first year.
    Like (144)
    Follow
    Share
    Six years is far too long. These accounts should be locked down within one month after the election, accounts audited, and funds fully disbursed within six months following the election. No rollovers, no access, disbursements only in the form of returns to donors or donations to charity with donor’s consent.
    Like (95)
    Follow
    Share
    Actually I think they should have to disburse funds immediately but that would be almost impossible for these ConMan to give up their money so quickly
    Like (69)
    Follow
    Share
    I support this bipartisan bill. I only question why it gives former candidates 6 years. It would be much more acceptable if creditors were to be paid within a year and allowing so long does increase the likelihood that the funds will be misused for personal expenses untaxed.
    Like (62)
    Follow
    Share
    6 years ? H**l No ! Immediately ! This is the #1 reason politicians run. To build a slush fund for them to live extravagantly and continue to be an interference in politics.
    Like (49)
    Follow
    Share
    They should have this sorted out before they leave office, so immediately.
    Like (34)
    Follow
    Share
    Six YEARS?!???? Try 6 weeks or 6 months at MAX.
    Like (32)
    Follow
    Share
    These left over funds once the campaign bills are paid should be applied against the national deficit. Then it is coming back to taxpayers.
    Like (29)
    Follow
    Share
    Six years is insane. It should instantly go towards the national debt.
    Like (27)
    Follow
    Share
    Campaign funds should be delt with the same as 501(c) funds. The money should be given to a pre-stated not-for-profit organization. They shouldn’t wait six years though, it should be at the end of their current campaign.
    Like (26)
    Follow
    Share
    Absolutely. I support this - campaign donations accounts must be closed out in six years (or less). The money donated to a campaign should be accounted for - and six years is plenty of time ....I actually would like to see this shortened to two years. Don’t leave this money hanging around. !!!!!!!!
    Like (16)
    Follow
    Share
    It should be disbursed within 6 months.
    Like (13)
    Follow
    Share
    It should go into the social security fund.
    Like (13)
    Follow
    Share
    I agree that a time limit needs to be in place but if they have not been able to find a place for it in 6 years put it towards the national debt.
    Like (12)
    Follow
    Share
    6 years is absolutely ridiculous..... 6 months Max. And if your caught not complying, your fined 5,000 a day until you comply!!
    Like (11)
    Follow
    Share
    How about within ONE year instead? It’s not YOUR money, assholes.
    Like (10)
    Follow
    Share
    All their campaign money should go into the country’s coffers. That money is NOT THEIRS. IT SHOULD GO BACK TO THE PEOPLE WHO GAVE IT OR INTO THE TREASURY.
    Like (9)
    Follow
    Share
    👍🏻👍🏻 House BILL H.R. 1308 AKA the “Let It Go Act” 👍🏻👍🏻 I support and recommend the passage of House BILL H.R. 1308 AKA the “Let It Go Act “ AKA which would require that campaign donations be disbursed out from a candidate’s campaign coffers within six years after the end of a candidate’s campaign or tenure in office. This would entail first paying any debts or obligations owed by the campaign, and then choosing between one or more of three options: 1) returning donations to donors, 2) donating the money to a charity, or 3) sending the funds to another national committee. I’ve two objections to the 6 year stipulation of returning the funds as the time frame allows the former candidate can have the funds to use and often strangely seeing the funds vanish. I’d recommend shortening the time to return or whatever to 1 year. Political donations are made for the express purpose of helping a specific candidate get elected. When a politician loses their race or leaves public office, any remaining donations should be returned to donors, distributed to other candidates, or donated to charity (per existing allowable uses) — and this should happen within a reasonable period of time. SneakyPete..... 👍🏻👍🏻HR-1308👍🏻👍🏻. 5*3*19....
    Like (9)
    Follow
    Share
    If you’re not a politician anymore why do you need all that campaign cash? Either you’re running for office or you’re not! That money should be returned to donors! However, in the long term, we need to reduce the effect of money on political campaigns through public financing. Our current campaign finance system is completely absurd!
    Like (8)
    Follow
    Share
    I support the principle but I question the length of time. 6 years is a rather extended period. I understand this would take time but that length seems excessive.
    Like (7)
    Follow
    Share
    MORE