HR 4786

The Honest Elections and Campaign, No Gain Act aims to ensure that campaign funds are properly managed and disbursed after federal elections. It requires authorized committees and leadership PACs to distribute any remaining funds within a specific timeframe, either before a candidate becomes a lobbyist or foreign agent, or by the end of a designated period. The bill also mandates that former candidates who register as lobbyists or foreign agents certify that their associated campaign committees have complied with disbursement requirements. Finally, it restricts disbursements to relatives and outlines permissible uses for leftover funds.