Overview of Federal Political Contribution Limits Contributor Aggregate Limits Recipient House or Senate Candidate Committee Presidential Campaign (incl. VP) National Party Committee1 State, District & Local Party Committee2 Political Action Committee (PAC)3 Individual4 $2,400* per election5 $2,400* per election5 (but only $2,400 for entire election cycle if eligible for Presidential Election Campaign Fund payments)6 $30,400* per year $10,000 per year limit (combined) $5,000 per year $115,500* biennial limit ($45,600 to all federal candidates and $69,9007 to all PACs and parties) Corporation, Incorporated Trade Assoc., or Other Incorporated Entity Prohibited Prohibited Prohibited (hard and soft money) Prohibited Prohibited N/A NonMulticandidate PAC8 $2,400* per election5 $2,400* per election5 (but only $2,400 for entire election cycle if eligible for Presidential Election Campaign Fund payments)6 $30,400* per year $10,000 per year limit (combined) $5,000 per year N/A Multicandidate PAC8 $5,000 per election5 $5,000 per election5 (but only $5,000 for entire election cycle if eligible for Presidential Election Campaign Fund payments)6 $15,000 per year $5,000 per year limit (combined) $5,000 per year N/A See Notes to Chart on the reverse side of this document Notes to Chart: 1 A party’s national committee, Senate campaign committee and House campaign committee are each considered national party committees, and each have separate limits. 2 A state party committee shares its limits with district and local party committees in that state unless a district or local committee’s independence can be demonstrated. 3 These limits apply to both separate segregated funds (SSFs) (e.g., PACs connected to a corporation, incorporated trade association or other incorporated entity), non-connected political action committees (e.g., PACs affiliated with a partnership or other unincorporated entity), and other unauthorized PACs such as Leadership PACs. Affiliated PACs share the same set of limits on contributions made and received. 4 Each spouse has a separate limit. A “green card” holder may make political contributions, but a foreign national may not do so. Minors (17 years or younger) may make political contributions, provided that they knowingly and voluntarily make the decision to contribute, that they own the assets contributed, and that the contribution was not made from proceeds of a gift given for the purpose of making a contribution. 5 Each of the following is considered a separate election with a separate limit: primary election, caucus or convention with the authority to nominate, general election, runoff election and special election. 6 Presidential campaigns (which include both the Presidential and Vice Presidential candidate) that become eligible to receive Presidential Election Campaign Fund payments for the general election may not receive any contributions for the general election. Consequently, contributions to such campaigns are limited to $2,400 ($5,000 in the case of a multicandidate PAC) for the primary (note contributions to an “exploratory committee” are considered contributions to the primary). This effectively means that an individual or non-multicandidate PAC may only contribute $2,400 per election cycle to a Presidential campaign eligible to receive such funds and that a multicandidate PAC may only contribute $5,000 per election cycle to such a campaign. On the other hand, if a Presidential campaign becomes eligible to receive Presidential Primary matching payments for the primary election, it may still receive $2,400 ($5,000 in the case of a mulitcandidate PAC) for the primary election. In addition, regardless of whether a Presidential campaign is eligible for such primary election or general election public funds, it may accept $2,400 ($5,000 in the case of a multicandidate PAC) for its “general election legal and accounting compliance” or GELAC fund, if it has established a fund. However, contributions to such a fund may only be used for legal and accounting expenses incurred in complying with the election laws, not also for election purposes. 7 Of this total, no more than $45,600 may be contributed to state and local parties and PACs. 8 A PAC automatically becomes a multicandidate committee once it has been registered for at least six months, has received contributions from more than 50 contributors and has made contributions to at least five federal candidates. Within 10 days of meeting these criteria, a non-multicandidate PAC must file a Form IM with the FEC. Failure to so file is a reporting violation subject to fine.