Terminating a committee
With the election behind us, some committees may be ready to close down their operations. To terminate, a committee must:
- No longer receive (or intend to receive) contributions;
- No longer make (or intend to make) expenditures; and
- Not be involved in an FEC enforcement action, audit or litigation.
The committee must then file a termination report that discloses all receipts and disbursements not previously reported, including an accounting of any debt retirement. If the committee has any remaining funds or assets, it must indicate how it intends to use them. After filing its termination report, the committee must continue to file regularly scheduled reports until it receives a termination approval letter from the Commission.
For more information on filing termination reports, please consult our Terminating a committee web page.