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11/26/2020 10:48 AM
Pennsylvania State Senate
https://www.legis.state.pa.us/cfdocs/Legis/CSM/showMemoPublic.cfm?chamber=S&SPick=20190&cosponId=29420
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Senate of Pennsylvania
Session of 2019 - 2020 Regular Session

MEMORANDUM

Posted: April 29, 2019 04:04 PM
From: Senator Jay Costa
To: All Senate members
Subject: Use of Political Action Committee Residual Funds
 
In the near future, I will be re-introducing Senate Bill 1038 to allow the residual funds of terminated political action committees (PAC's) to be donated to non-profit organizations.

Under current law, the Election Code requires that the funds remaining in the account of a terminated PAC can only be used for campaign expenses or distributed back to campaign donors. My legislation would provide a third opportunity by allowing for money to be donated to non-profit organizations.

The bill prohibits the donation of these funds to a non-profit organization that has an affiliation with the candidate or a PAC officer.

Senate Bill 1038 passed the Senate unanimously last session.

Please join me in cosponsoring this legislation.