answersLogoWhite

0


Best Answer

I’ll limit this answer to the funds the politician’s own campaign raises, not Political Action Committees (PAC) associated with candidates, since that part gets pretty messy. Also, it should be noted that it’s pretty rare to have a lot of excess funds at the end of a race—most money raised gets spent quickly, and the reason why many candidates drop out is that they ran out of money.

However, failed politicians do have a few options for leftover cash. The laws vary from state to state, but at the federal level, they’ll first tie up whatever loose ends the campaign might have, like debts or outstanding operating costs. With the rest, they can donate it to charities or political parties, donate up to $2,000 of it per election to another candidate (or $5,000 to a PAC), or save it for if they decide to run again. One thing they can’t do is pocket it for personal use.

User Avatar

Melvin Bayer

Lvl 10
4y ago
This answer is:
User Avatar
More answers
User Avatar

Hey Jingli

Lvl 7
4y ago

Campaigns must adopt an accounting system to distinguish between contributions made for the primary election and those made for the general election. Nevertheless, the campaign of a candidate running in the general election may spend unused primary contributions for general election expenses.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What happens to the funds a politician raised when they drop out of a race?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What happens if you drop a flag?

Nothing 'happens'.


What happens if you drop a us flag?

Nothing 'happens'.


What happens when a referee calls an unofficial drop kick what happens after?

can you explain this as it not clear what unofficial drop kick means.


What happens when you drop jars?

They smash.


What happens if you drop a 3DS?

it clicks


What happens when you drop an object?

It falls.


What happens when you drop the rosary beads?

Nothing different than when you drop your fork!!D


What happens when you drop the sope?

slaped on the butt


What happens you drop a book on the floor?

gravity


What happens when you drop burning magnesium into oxygen?

you get a flare


What happens if you drop an alien in a egg?

it cracks open


What happens when you drop a DSI?

it might get scratches like mine but if you drop it from a really high place it will break