--- kind: "section" citation: "26 U.S.C. § 9007" title: "26" title_heading: "Internal Revenue Code" number: "9007" heading: "Examinations and audits; repayments" release: "119-102" date: "2026-07-12" url: "https://uscodex.org/usc/26/9007" units: - "Subtitle H — Financing of Presidential Election Campaigns" - "Chapter 95 — Presidential Election Campaign Fund" --- # §9007. Examinations and audits; repayments - (a) **Examinations and audits—** After each [presidential election](/usc/26/9002.md?p=10), the [Commission](/usc/26/9002.md?p=3) shall conduct a thorough examination and audit of the [qualified campaign expenses](/usc/26/9002.md?p=11) of the [candidates](/usc/26/9002.md?p=2) of each political party for President and Vice President. - (b) **Repayments—** - (1) If the [Commission](/usc/26/9002.md?p=3) determines that any portion of the payments made to the [eligible candidates](/usc/26/9002.md?p=4) of a political party under [section 9006](/usc/26/9006.md) was in excess of the aggregate payments to which [candidates](/usc/26/9002.md?p=2) were entitled under [section 9004](/usc/26/9004.md), it shall so notify such [candidates](/usc/26/9002.md?p=2), and such [candidates](/usc/26/9002.md?p=2) shall pay to the Secretary of the Treasury an amount equal to such portion. - (2) If the [Commission](/usc/26/9002.md?p=3) determines that the [eligible candidates](/usc/26/9002.md?p=4) of a political party and their [authorized committees](/usc/26/9002.md?p=1) incurred [qualified campaign expenses](/usc/26/9002.md?p=11) in excess of the aggregate payments to which the [eligible candidates](/usc/26/9002.md?p=4) of a [major party](/usc/26/9002.md?p=6) were entitled under [section 9004](/usc/26/9004.md), it shall notify such [candidates](/usc/26/9002.md?p=2) of the amount of such excess and such [candidates](/usc/26/9002.md?p=2) shall pay to the Secretary of the Treasury an amount equal to such amount. - (3) If the [Commission](/usc/26/9002.md?p=3) determines that the [eligible candidates](/usc/26/9002.md?p=4) of a [major party](/usc/26/9002.md?p=6) or any [authorized committee](/usc/26/9002.md?p=1) of such [candidates](/usc/26/9002.md?p=2) accepted [contributions](/usc/26/9032.md?p=4) (other than [contributions](/usc/26/9032.md?p=4) to make up deficiencies in payments out of the [fund](/usc/26/9002.md?p=5) on account of the application of [section 9006(c)](/usc/26/9006.md?p=c)) to defray [qualified campaign expenses](/usc/26/9002.md?p=11) (other than [qualified campaign expenses](/usc/26/9002.md?p=11) with respect to which payment is required under [paragraph (2)](#b-2)), it shall notify such [candidates](/usc/26/9002.md?p=2) of the amount of the [contributions](/usc/26/9032.md?p=4) so accepted, and such [candidates](/usc/26/9002.md?p=2) shall pay to the Secretary of the Treasury an amount equal to such amount. - (4) If the [Commission](/usc/26/9002.md?p=3) determines that any amount of any payment made to the [eligible candidates](/usc/26/9002.md?p=4) of a political party under [section 9006](/usc/26/9006.md) was used for any purpose other than— - (A) to defray the [qualified campaign expenses](/usc/26/9002.md?p=11) with respect to which such payment was made, or - (B) to repay loans the proceeds of which were used, or otherwise to restore [funds](/usc/26/9002.md?p=5) (other than [contributions](/usc/26/9032.md?p=4) to defray [qualified campaign expenses](/usc/26/9002.md?p=11) which were received and expended) which were used to defray such [qualified campaign expenses](/usc/26/9002.md?p=11), it shall notify such [candidates](/usc/26/9002.md?p=2) of the amount so used, and such [candidates](/usc/26/9002.md?p=2) shall pay to the Secretary of the Treasury an amount equal to such amount. - (5) No payment shall be required from the [eligible candidates](/usc/26/9002.md?p=4) of a political party under this subsection to the extent that such payment, when added to other payments required from such [candidates](/usc/26/9002.md?p=2) under this subsection, exceeds the amount of payments received by such [candidates](/usc/26/9002.md?p=2) under section 9006. - (c) **Notification—** No notification shall be made by the [Commission](/usc/26/9002.md?p=3) under [subsection (b)](#b) with respect to a [presidential election](/usc/26/9002.md?p=10) more than 3 years after the day of such election. - (d) **Deposit of repayments—** All payments received by the Secretary of the Treasury under [subsection (b)](#b) shall be deposited by him in the general [fund](/usc/26/9002.md?p=5) of the Treasury. ## Source credit (Added Pub. L. 92–178, title VIII, § 801, Dec. 10, 1971, 85 Stat. 568; amended Pub. L. 93–53, § 6(c), July 1, 1973, 87 Stat. 139; Pub. L. 93–443, title IV, § 404(c)(9)–(11), Oct. 15, 1974, 88 Stat. 1292; Pub. L. 94–283, title III, § 307(e), May 11, 1976, 90 Stat. 502; Pub. L. 94–455, title XIX, § 1906(b)(13)(B), (C), Oct. 4, 1976, 90 Stat. 1834.) ## Notes ### Editorial Notes ### Amendments 1976—Subsec. (b). Pub. L. 94–455 substituted “Secretary of the Treasury” for “Secretary”. Subsec. (b)(3). Pub. L. 94–283 substituted “9006(c)” for “9006(d)”. Subsec. (d). Pub. L. 94–455 substituted “Secretary of the Treasury” for “Secretary”. 1974—Subsec. (a). Pub. L. 93–443, § 404(c)(9), substituted “Commission” for “Comptroller General”. Subsec. (b). Pub. L. 93–443, § 404(c)(10), substituted “Commission” and “it” for “Comptroller General” and “he”, respectively, wherever appearing. Subsec. (c). Pub. L. 93–443, § 404(c)(11), substituted “Commission” for “Comptroller General”. 1973—Subsec. (b)(3). Pub. L. 93–53 substituted section “9006(d)” for “9006(c)”. ### Statutory Notes and Related Subsidiaries ### Effective Date of 1974 Amendment Amendment by Pub. L. 93–443 applicable with respect to taxable years beginning after Dec. 31, 1974, see section 410(c)(1) of Pub. L. 93–443, set out as a note under section 30101 of Title 52, Voting and Elections. ### Effective Date of 1973 Amendment Amendment by Pub. L. 93–53 applicable with respect to taxable years beginning after Dec. 31, 1972, see section 6(d) of Pub. L. 93–53, set out as a note under section 6096 of this title.