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H.R. 1518

BillFederalHouseIn Committee
Let It Go Act
About This Bill
Committee
Latest Action · March 19, 2015
Referred to the House Committee on House Administration.
Congress
114th (2015–2017)
Introduced
March 19, 2015
Cosponsors (1)
1D 0R
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Summary

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Let It Go Act Amends the Federal Election Campaign Act of 1971 to allow the use of contributions or donations only for the six years following the most recent federal election for a six-year office (i.e., election to the Senate) in which an individual was a candidate for the office if that individual is not a candidate for that office during those ensuing six years. Requires contributions or donations remaining available to to such an individual after such six-year period ends to be disposed of within 30 days, as follows: (1) to pay any debts or obligations owed in connection with the campaign for that office; (2) to return those contributions or donations to the individuals, entities, or both, who made them; (3) to make contributions to a charitable organization; and (4) to make transfers to a national, state or local committee of a political party.

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