§ 1-12-102. Public Campaign Financing Fund established.

   (a)   Fund created. There is a Public Campaign Financing Fund. This Fund is continuing and non-lapsing.

   (b)   Source of funding. The Fund consists of:

      (1)   all funds appropriated to it by the County Council;

      (2)   any unspent funds remaining in a participating candidate’s publicly funded campaign account after the candidate is no longer a candidate for a covered office;

      (3)   any public contribution plus interest returned to the Fund by a participating candidate who withdraws from participation;

      (4)   all interest earned on funds in the Fund; and

      (5)   voluntary donations made directly to the Fund.

(Bill No. 25-23)