To amend the Federal Election Campaign Act of 1971 to provide for a limitation on the time for the use of contributions or donations, and for other purposes.
Let It Go Act This bill amends the Federal Election Campaign Act of 1971 to require individuals to use contributions or donations not later than six years following the most recent federal election in which the individual was a candidate and before the individual becomes a registered lobbyist. This bill requires remaining contributions or donations to be disposed of within 30 days, first by paying debts or obligations owed in connection with the campaign for that office. Additional remaining funds must be disposed of by: (1) returning those contributions or donations to the individuals, entities, or both, who made them; (2) making contributions to a charitable organization; or (3) making transfers to a national, state, or local committee of a political party.
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Timeline
Introduced in House
Referred to the House Committee on House Administration.
Introduced in House
Referred to the House Committee on House Administration.
Government Operations and Politics
Charitable contributionsCongressional electionsElections, voting, political campaign regulationPolitical parties and affiliationPublic participation and lobbying
To amend the Federal Election Campaign Act of 1971 to provide for a limitation on the time for the use of contributions or donations, and for other purposes.
USA115th CongressHR-1723| House
| Updated: 3/24/2017
Let It Go Act This bill amends the Federal Election Campaign Act of 1971 to require individuals to use contributions or donations not later than six years following the most recent federal election in which the individual was a candidate and before the individual becomes a registered lobbyist. This bill requires remaining contributions or donations to be disposed of within 30 days, first by paying debts or obligations owed in connection with the campaign for that office. Additional remaining funds must be disposed of by: (1) returning those contributions or donations to the individuals, entities, or both, who made them; (2) making contributions to a charitable organization; or (3) making transfers to a national, state, or local committee of a political party.
Charitable contributionsCongressional electionsElections, voting, political campaign regulationPolitical parties and affiliationPublic participation and lobbying