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.
United States115th CongressHR-1723House of Representatives
Updated: Mar 24, 2017
Summary
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.
Bill texts
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Timeline
Referred to the House Committee on House Administration.
House of Representatives
Introduced in House
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