How Other States Handle Transfers and Retirements
Illinois and most other states do not allow campaign contributions to be used for personal expenses, meaning donations cannot be spent on club memberships, college tuition, personal vehicles, or personal health care. However, restrictions specifically involving transfers are not as uniform. While Illinois politicians can transfer up to $55,400 to other candidate committees, restrictions on transferring funds between candidates varies in some states. For example, in Colorado, candidate committees are prohibited from transferring campaign funds to other candidate committees. In Arizona, laws are slightly less restrictive, generally allowing elected officials to transfer funds to other candidate committees if they are closing their committee and not running for re-election. However, Arizona politicians can only transfer within the personal contribution limit of $5,100. On the other end of the spectrum, some states do not limit transfers between candidates at all. Candidates in Oregon are allowed to transfer unlimited funds to other candidates in the state, as long as the transfer is disclosed. Between these extremes, many states allow some transfers of campaign funds while a candidate is still running or in office, but with limits. California, New York, and Illinois are all in this category. While Illinois law allows larger transfers, California and New York both restrict political candidates to contribution limits for individuals when making transfers. These limits range from $4,400 to $44,000 depending on the office and type of election. The ability of candidates to keep campaign committees open indefinitely represents a unique feature of Illinois campaign finance law when compared to other large states, like California. In Illinois, former elected officials can hold onto tens or hundreds of thousands of dollars in campaign contributions they have collected over the years and continue to exert influence over politics for years after they leave public office. In contrast, California politicians are required to close their committees 60 days after losing an election or leaving office. California’s requirement to close old campaign committees ensures political contributions are always attributable to a specific race. Furthermore, when candidates form a new committee, this notifies the public of the funds they have remaining and where those funds could be going. Making these disclosures is essential for maintaining transparency and accountability in the campaign finance process, which provides important information for voters, journalists, and the general public. |