Honest Elections and Campaign, No Gain Act This bill requires each authorized candidate committee or leadership political action committee (PAC) to disburse all unused funds within a specified time period beginning after an election, unless the candidate files to run for office again before the disbursement period begins. A committee or PAC disbursing unspent funds shall first pay any obligations incurred and, if funds are left over, it may disburse the funds in specified ways, such as by transferring the funds to a national or state committee of a political party.