Honest Elections and Campaign, No Gain Act

Honest Elections and Campaign, No Gain Act would overhaul how leftover campaign funds are treated after federal elections. It requires authorized committees and leadership PACs to disburse any funds that remain unexpended by a specified deadline, with limited allowed uses for any remaining funds (such as returning contributions, donating to certain nonprofit organizations, or transferring to party committees). The bill also adds post-election certification requirements for former candidates who become lobbyists or foreign agents, requiring perjury-certified compliance with the new disbursement rules. These provisions take effect starting with the November 2026 general election and apply to subsequent elections. In short, the bill aims to prevent idle leftover campaign money and tie post-election lobbying/foreign-agent activity to compliance with a strict disbursement rule, potentially increasing transparency and reducing opportunities to preserve or repurpose unspent funds.