Honest Elections and Campaign, No Gain Act

HR 4786, the "Honest Elections and Campaign, No Gain Act," requires federal candidates' campaign committees and leadership PACs to disburse any leftover funds within two years after an election. Committees must first pay existing obligations, then return contributions to donors, donate to qualified charities, or transfer funds to political parties - prohibiting direct payments to relatives except for documented committee expenses. Former candidates registering as lobbyists or foreign agents must certify compliance with these disbursement rules under penalty of perjury. The law applies to elections starting in 2026, aiming to prevent unused campaign funds from being retained or misused after elections.