1. Short title This Act may be cited as the Honest Elections and Campaign, No Gain Act . 2. Requiring authorized committees of candidates to disburse funds remaining unexpended after date of election (a) Requiring disbursement Title III of the Federal Election Campaign Act of 1971 ( 52 U.S.C. 30101 et seq. ) is amended by inserting after section 303 the following new section: 303A. Disbursement of funds remaining unexpended after date of election (a) Requiring disbursement (1) In general Each authorized committee or leadership PAC of a candidate shall, in accordance with subsection (b) and prior to the expiration of the applicable disbursement period, disburse any funds of the committee or PAC before the earliest of— (A) the last day of the applicable disbursement period; (B) the date on which the candidate first makes a lobbying contact or is employed or retained to make a lobbying contact that would require registration under section 4 of the Lobbying Disclosure Act of 1995 ( 2 U.S.C. 1603 )