When a senator or congressman decides not to run for reelection, and they have a sum of money in their account for their campaign, what do they do with that money? Does it get returned to the people who donated? How do they determine that? I got to wondering about this after Evan Bayh announced that he would not run for reelection and they said he had $5 million in his campaign chest. What happens to that $5 million?
"As long as they make sure they're using contributions in a way that's related to serving in office or campaigning, the recipients of your cash have a few options. They can give it to their political parties, other candidates or political committees, charities, or to the state comptroller for deposit in the state treasury (though a spokesperson for the Comptroller’s office said they don’t have a record of that ever happening). As long as it's used for the express purpose of setting up or helping a scholarship program, candidates can even donate to schools or colleges. State candidates can also opt to refund contributions to donors; the only limit is that they can’t reimburse more money to a donor than that donor contributed during the past two years."
Answer by LoriKeet at 4:42 PM on Feb. 17, 2010
Answer by yourspecialkid at 3:15 PM on Feb. 17, 2010
Answer by Anonymous at 3:20 PM on Feb. 17, 2010
Answer by AngelDawn7 at 3:56 PM on Feb. 17, 2010
Answer by 29again at 7:57 PM on Feb. 17, 2010