COLORADO SECRETARY OF STATE

8 CCR 1505-6
Rules Concerning Campaign and Political Finance

Rules as Adopted – Redline
December 3, 2018

Please note the following formatting key:
Font effect	Meaning	
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Small caps	New language	
Strikethrough	Deletions	
Italic blue font text	Publication notes and annotations	

[Current 8 CCR 1505-6 is amended as follows:]
Amendments to Rule 2.2.4 concerning candidate committees:
2.2.4	Managing unexpended campaign contributions 
(a)	A candidate committee must report its unexpended balance as the ending balance throughout at the end of the election cycle. A candidate committee must report its unexpended balance from the report filed 30 days after the major election as the beginning balance in the next election cycle. The candidate committee’s beginning balance must reflect what amount is retained for use in a subsequent election cycle and what amount is retained for use as unexpended funds. 
(b)	Candidates seeking re-election to the same office 
(1)	A candidate committee may retain contributions to use in a subsequent election cycle for the same public office, in an amount not to exceed the political party contribution limit in Colo. Const. Article XXVIII, Section 3(3) (as adjusted by Rule 10.16). 
(2)	If a candidate committee retains contributions to use in a subsequent election cycle for the same office, the amount retained counts toward the limit on contributions from a political party. A candidate committee must return contributions it receives in excess of the political party limit within ten days. 
(3)	If a candidate committee retains contributions from a prior election cycle in excess of the political party contribution limit, the candidate committee may not use those funds for any subsequent election cycle but may retain them for use in accordance with section 1-45-106(1)(b), C.R.S., if applicable. The committee may also contribute the funds to a political party, donate the funds to a charitable organization recognized by the Internal Revenue Service, or return the funds to contributors.
(c)	Candidates seeking election to a different office 
(1)	A candidate committee may transfer funds to a candidate committee established by the same candidate for a different public office, subject to the political party contribution limit for the new office sought. [Colo. Const. Article XXVIII, Section 3] 
(2)	Contributions from persons or committees made to the prior candidate committee do not apply toward the contribution limits for the new candidate committee. 
(3)	A candidate committee transferring funds to a candidate committee for a different office must terminate within ten days of registering the new candidate committee. 
(4)	A candidate seeking election to a state, county, or local office may not transfer funds from a federal candidate committee to a Colorado candidate committee that is subject to the provisions of the Fair Campaign Practices Act.
(5)	If a candidate committee transfers funds in excess of the political party contribution limit, the candidate committee may only retain them for use in accordance with section 1-45-106(1)(b), C.R.S. if applicable. The committee may also contribute the funds to a political party, donate the funds to a charitable organization recognized by the Internal Revenue Service, or return the funds to contributors. 
(d)	Not Candidates not seeking re-election or election to a new office
(1)	A candidate committee that wishes to terminate and will not transfer funds to a new candidate committee may give remaining contributions to: 
(A)	A political party, in an amount not to exceed the limit in Colo. Const. Article XXVIII Section 3(3) (as adjusted by Rule 10.17); 
(B)	A charitable organization recognized by the I.R.S.; 
(C)	the The original contributors; or 
(D)	If elected to office, the candidate may use the remaining contributions for voter registration, political issue education, postsecondary educational scholarships, communication with constituents, or for expenses directly related to the officeholder’s official duties. 
[Section 1-45-106(1)(a)(I) and (b), C.R.S.]