Bill would force disposal of unused campaign funds
CARSON CITY, Nev. (AP) -- Republican lawmakers want to close a loophole in Nevada law that allows some former elected officials to keep campaign cash.
Candidates who withdraw or are defeated in an election must dispose of unused campaign contributions by the 15th day of the second month after an election.
But former public office holders are allowed to use unspent contributions in a future election, even if that may be years away, provided they receive more than $100 in campaign contributions.
SB194 sponsored by Sen. Greg Brower and Assembly Pat Hickey would set a two-year time frame for a former official to either run for another election or get rid of the war chests.
A similar bill was passed by the Senate in 2009 but died in the Assembly.