67-6610B. RETIRING DEBT. (1) If a political committee organized on behalf of a candidate has unpaid debt at the end of the reporting periods specified in section 67-6607, Idaho Code, then the committee may accept additional contributions to retire such unpaid debt, provided the contributions do not exceed the applicable contribution limits prescribed.
(2) For the purposes of this section, "unpaid debt" means any unpaid monetary obligation incurred by the political committee as listed on the reports filed through the postelection report period minus any cash balance reported on the postelection report. Outstanding loans are considered a type of "unpaid debt."
History:
[67-6610B, added 2004, ch. 277, sec. 1, p. 767; am. 2019, ch. 288, sec. 10, p. 839.]