26 U.S.C. § 9003 : US Code - Section 9003: Condition for eligibility for payments

Search 26 U.S.C. § 9003 : US Code - Section 9003: Condition for eligibility for payments

(a) In general
In order to be eligible to receive any payments under section
9006, the candidates of a political party in a presidential
election shall, in writing -
(1) agree to obtain and furnish to the Commission such evidence
as it may request of the qualified campaign expenses of such
candidates,
(2) agree to keep and furnish to the Commission such records,
books, and other information as it may request, and
(3) agree to an audit and examination by the Commission under
section 9007 and to pay any amounts required to be paid under
such section.
(b) Major parties
In order to be eligible to receive any payments under section
9006, the candidates of a major party in a presidential election
shall certify to the Commission, under penalty of perjury, that -
(1) such candidates and their authorized committees will not
incur qualified campaign expenses in excess of the aggregate
payments to which they will be entitled under section 9004, and
(2) no contributions to defray qualified campaign expenses have
been or will be accepted by such candidates or any of their
authorized committees except to the extent necessary to make up
any deficiency in payments received out of the fund on account of
the application of section 9006(d),(!1) and no contributions to
defray expenses which would be qualified campaign expenses but
for subparagraph (C) of section 9002(11) have been or will be
accepted by such candidates or any of their authorized
committees.
Such certification shall be made within such time prior to the day
of the presidential election as the Commission shall prescribe by
rules or regulations.
(c) Minor and new parties
In order to be eligible to receive any payments under section
9006, the candidates of a minor or new party in a presidential
election shall certify to the Commission under penalty of perjury,
that -
(1) such candidates and their authorized committees will not
incur qualified campaign expenses in excess of the aggregate
payments to which the eligible candidates of a major party are
entitled under section 9004, and
(2) such candidates and their authorized committees will accept
and expend or retain contributions to defray qualified campaign
expenses only to the extent that the qualified campaign expenses
incurred by such candidates and their authorized committees
certified to under paragraph (1) exceed the aggregate payments
received by such candidates out of the fund pursuant to section
9006.
Such certification shall be made within such time prior to the day
of the presidential election as the Commission shall prescribe by
rules or regulations.
(d) Withdrawal by candidate
In any case in which an individual ceases to be a candidate as a
result of the operation of the last sentence of section 9002(2),
such individual -
(1) shall no longer be eligible to receive any payments under
section 9006, except that such individual shall be eligible to
receive payments under such section to defray qualified campaign
expenses incurred while actively seeking election to the office
of President of the United States or to the office of Vice
President of the United States in more than one State; and
(2) shall pay to the Secretary, as soon as practicable after
the date upon which such individual ceases to be a candidate, an
amount equal to the amount of payments received by such
individual under section 9006 which are not used to defray
qualified campaign expenses.
(e) Closed captioning requirement
No candidate for the office of President or Vice President may
receive amounts from the Presidential Election Campaign Fund under
this chapter or chapter 96 unless such candidate has certified that
any television commercial prepared or distributed by the candidate
will be prepared in a manner which ensures that the commercial
contains or is accompanied by closed captioning of the oral content
of the commercial to be broadcast in line 21 of the vertical
blanking interval, or is capable of being viewed by deaf and
hearing impaired individuals via any comparable successor
technology to line 21 of the vertical blanking interval.