Sec. 33.14.02.10. Post-Election Returns

A. Reports. Not later than the eighth Monday after a primary or general election, an eligible gubernatorial ticket shall file a campaign finance report with the State Board that includes:

(1) The aggregate amount of the public contribution that was received;

(2) All contributions received since the last filed report;

(3) All expenditures made since the last filed report; and

(4) All outstanding obligations.

B. Return of Excess. Except as provided in §C of this regulation, not later than the eighth Monday after a primary or general election, a candidate who received a public contribution for that election shall return to the Comptroller any unspent portion of the contribution.

C. Outstanding Obligations. If an outstanding obligation was incurred not later than 30 days after the election for which the obligation counted against the expenditure limit and has not been paid, the eligible gubernatorial ticket shall:

(1) Engage in campaign finance activities exclusively for the payment of the outstanding obligation;

(2) File campaign finance reports pursuant to Election Law Article, §13-309, Annotated Code of Maryland, for an authorized candidate campaign committee; and

(3) Return any excess funds raised after payment of an outstanding obligation with the filing of the final campaign finance report of the eligible gubernatorial ticket.

D. Late Fee Penalty. If an eligible gubernatorial ticket fails to file the campaign finance report required under §A of this regulation, the State Board shall assess a late fee of $10 for each day or part of a day that the campaign finance report is overdue, up to $500.