Mich. Admin. Code R. 169.47 - Public funding of elections; return of funds; voluntary returns; accompanying statement; contents; prompt returns
Rule 47.
(1) When
a committee voluntarily terminates its public fund account, it shall return any
balance to the state. If the account is terminated after the closing date of
the post-election campaign statement for the election for which public funds
were received, the committee shall provide the secretary of state with a
written statement indicating that the committee's public fund account contains
a zero balance. The statement shall be accompanied by a list of receipts and
expenditures of public funds between the closing date of the last campaign
statement filed and the date the written statement is filed.
(2) A committee which has terminated its
public fund account shall promptly return to the state any refund or rebate
arising out of expenditures for which public funds were originally used or any
proceeds from the sale of assets originally purchased with public
funds.
Notes
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