H.3199 legally restricts the use of contributions accepted by candidates to retire campaign debt to the purpose for which they were intended. In other words, these contributions can be used only to retire debt, not on new spending. This is a sensible reform that will help prevent some, but far from all, misuse of campaign funds.
By South Carolina Policy Council
Since 1986 the South Carolina Policy Council Education Foundation has advocated innovative policy ideas that advance the principles of limited government and free enterprise. The Policy Council is the state’s meeting place for business leaders, policymakers, and academics – as well as engaged citizens – who want to see South Carolina become the most free state in the nation. For questions or comments on the articles on this website, please email Research Director Jamie Murguia.