§9007 Examinations and audits; repayments

Summary

After each presidential election, the Commission must check and audit the qualified campaign spending by each party’s presidential and vice‑presidential candidates. If the Commission finds problems, it will tell the candidates and require repayments to the Secretary of the Treasury. Repayments are required when: payments made under section 9006 were larger than the total allowed under section 9004; the candidates or their committees spent more qualified campaign money than the total allowed for a major party under section 9004; major‑party candidates or their committees accepted contributions to pay qualified campaign expenses (except contributions to cover fund shortfalls under section 9006(c) or expenses already covered by the rule about overspending); or money paid under section 9006 was used for things other than the intended campaign expenses, repaying loans used for those expenses, or restoring certain funds used for those expenses. No candidate must repay more than the total they received under section 9006. The Commission must notify candidates within 3 years after the election. All repayments go into the Treasury’s general fund.