Nevada AB497 revises campaign finance rules, allowing defeated candidates to use unspent contributions in future elections and clarifying the.

Nevada AB497 amends campaign finance regulations by allowing defeated candidates to use unspent contributions in their next election, provided they do not file a declaration of candidacy or appear on the ballot within four years. The bill also clarifies that nonprofit organizations and corporations are not considered "committees for political action" for campaign finance purposes. Additionally, it specifies methods for disposing of unspent contributions, including returning money to contributors, donating to other candidates or political parties, or contributing to tax-exempt nonprofits.

Nevada AB497 revises campaign finance rules, allowing defeated candidates to use unspent contributions in future elections and clarifying the.

Nevada AB497 amends campaign finance regulations by allowing defeated candidates to use unspent contributions in their next election, provided they do not file a declaration of candidacy or appear on the ballot within four years. The bill also clarifies that nonprofit organizations and corporations are not considered "committees for political action" for campaign finance purposes. Additionally, it specifies methods for disposing of unspent contributions, including returning money to contributors, donating to other candidates or political parties, or contributing to tax-exempt nonprofits.