National Journal: “The current interpretation of the rules allows draft groups to raise funds for a specific prospective candidate, which would then be given to that candidate if he or she decides to run before the filing deadline for the race the draft group identified.
“Under the guidelines expected to be approved Thursday, the groups will have more options on what to do if their candidate doesn’t run. The rules would allow a draft group to promise would-be donors that if their preferred candidate doesn’t enter the race, the money would then go to a second candidate. For example, they could say that if Warren doesn’t run, the money would instead go to Sen. Bernie Sanders. The new rules would also give the groups more leeway to set deadlines for their candidates to enter the race.
“The new rules would also allow groups to raise money for a candidate who fits certain criteria. Specifically, a group could raise funds for ‘the first female president,’ which would go to the eventual party nominee should the nomination go to a woman.”