§ 10-328. Use of public contribution.

(a)

In General.

(1)

A participating candidate may only make expenditures from the citizen funded campaign account registered with the State Board for expenses incurred once the candidate is certified by the State Board. No previous expenses or prior loans may be paid for with public financing dollars.

(2)

A participating candidate shall not pay in advance for goods and services to be used after certification with non-qualifying contributions received before applying for certification.

(3)

The Director may provide for further limitations for use of public contributions through regulation.

(4)

(A)

Except as provided in paragraph (B) of this Subsection, the Director shall reduce the public contribution to a participating candidate's citizen funded campaign account by the total amount of all expenditures made after the end of the previous election cycle from the candidate's non-participating campaign account.

(B)

Expenditures made with contributions received prior to the end of the previous election cycle towards debts accrued before the end of the previous election cycle shall not reduce the public contribution to a participating candidate's citizen funded campaign account.

(b)

Allegations of impermissible act. A complaint alleging an impermissible receipt or use of funds by a participating candidate shall be filed with the State Board.

(c)

Access to records. On request of the Commission, a participating candidate shall provide the Commission with reasonable access to the financial records of the candidate's citizen funded campaign account. A participating candidate shall keep all records for a period of four (4) years after the election to which the documents relate. The records shall be kept by the treasurer unless the State Board has been notified otherwise.

(CB-99-2018)