[Code of Federal Regulations]
[Title 11, Volume 1]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 11CFR9004.11]

[Page 303-304]
 
                       TITLE 11--FEDERAL ELECTIONS
 
                 CHAPTER I--FEDERAL ELECTION COMMISSION
 
PART 9004_ENTITLEMENT OF ELIGIBLE CANDIDATES TO PAYMENTS; USE OF PAYMENTS--
 
Sec.  9004.11  Winding down costs.

    (a) Winding down costs. Winding down costs are costs associated with 
the termination of the candidate's general election campaign such as 
complying with the post-election requirements of the Federal Election 
Campaign Act and the Presidential Election Campaign Fund Act, and other 
necessary administrative costs associated with ending the campaign, 
including office space rental, staff salaries, and office supplies. 
Winding down costs are qualified campaign expenses.
    (b) Winding down limitation. The total amount of winding down costs 
that may be paid for with public funds shall not exceed the lesser of:

[[Page 304]]

    (1) 2.5% of the expenditure limitation pursuant to 11 CFR 
110.8(a)(2); or
    (2) 2.5% of the total of:
    (i) The candidate's expenditures subject to the expenditure 
limitation as of the end of the expenditure report period; plus
    (ii) The candidate's expenses exempt from the expenditure limitation 
as of the end of the expenditure report period; except that
    (iii) The winding down limitation shall be no less than $100,000.
    (c) Allocation of primary and general election winding down costs. A 
candidate who runs in both the primary and general election may divide 
winding down expenses between his or her primary and general election 
committees using any reasonable allocation method. An allocation method 
is reasonable if it divides the total winding down costs between the 
primary and general election committees and results in no less than one 
third of total winding down costs allocated to each committee. A 
candidate may demonstrate that an allocation method is reasonable even 
if either the primary or the general election committee is allocated 
less than one third of total winding down costs.

[68 FR 47416, Aug. 8, 2003]