[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: 11CFR9004.3]

[Page 296]
 
                       TITLE 11--FEDERAL ELECTIONS
 
                 CHAPTER I--FEDERAL ELECTION COMMISSION
 
PART 9004_ENTITLEMENT OF ELIGIBLE CANDIDATES TO PAYMENTS; USE OF PAYMENTS--
 
Sec.  9004.3  Post-election payments.

    (a) Minor and new party candidates. Eligible candidates of a minor 
party or of a new party who, as candidates, receive 5 percent or more of 
the total number of popular votes cast for the office of President in 
the election shall be entitled to payments under 11 CFR part 9005 equal, 
in the aggregate, to a proportionate share of the amount allowed for 
major party candidates under 11 CFR 9004.1. The amount to which a minor 
or new party candidate is entitled shall bear the same ratio to the 
amount received by the major party candidates as the number of popular 
votes received by the minor or new party candidate in the Presidential 
election bears to the average number of popular votes received by the 
major party candidates for President in that election.
    (b) Amount of entitlement. The aggregate payments to which an 
eligible candidate shall be entitled shall not exceed an amount equal to 
the lower of:
    (1) The amount of qualified campaign expenses incurred by such 
eligible candidate and his or her authorized committee(s), reduced by 
the amount of contributions which are received to defray qualified 
campaign expenses by such eligible candidate and such committee(s); or
    (2) The aggregate payments to which the eligible candidates of a 
major party are entitled under 11 CFR 9004.1, reduced by the amount of 
contributions received by such eligible candidates and their authorized 
committees to defray qualified campaign expenses in the case of a 
deficiency in the Fund.
    (c) Amount of entitlement limited by pre-election payment. If an 
eligible candidate is entitled to payment under 11 CFR 9004.2, the 
amount allowable to that candidate under this section shall also be 
limited to the amount, if any, by which the entitlement under 11 CFR 
9004.3(a) exceeds the amount of the entitlement under 11 CFR 9004.2.