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Maryland Statutes § 12-313 Repayment

⤴ Up to Subtitle 3: Contested Election Committee

Statute Text

(a)
(1) Any part of a public contribution made to a contested election committee that is not spent shall be repaid to the appropriate government entity.
(2) In computing whether part of a public contribution is not spent, all private contributions to the person shall be treated as spent before the expenditure of any public contribution.
(b) After repaying remaining public contributions under subsection (a) of this section and before filing a final report, a contested election committee shall pay all outstanding obligations and dispose of all its remaining assets by returning the remaining balance in the account of the contested election committee to the donors on a pro rata basis.

History

Added by 2022 Md. Laws, Ch. 625 , Sec. 1 , eff. 6/1/2022 .

Added by 2022 Md. Laws, Ch. 624 , Sec. 1 , eff. 6/1/2022 .