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More to Give: FEC Raises Contribution Limits

By Ronald M. Jacobs & Lawrence H. Norton on February 3, 2015
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As it has done every two years since the Bipartisan Campaign Reform Act indexed contribution limits for inflation, the FEC has announced revised contribution limits for the 2016 election cycle. In addition to the traditional limits for candidates, PACs, and parties, the FEC also set the indexed limit for the new special accounts created at the end of 2014 for the national political parties. This first chart shows the limits for individual and PAC contributions to candidates, PACs, and state and local party committees:

BlogImage1

This next chart shows the amounts that an individual may give to the national party committees. The general fund is the account that has always existed, while the other funds are the new accounts Congress created in 2014 to help the parties to defray certain costs:

Individual Contribution Limits to National Party Committees

IndividualContributionLimits2
This chart shows the amounts a multicandidate PAC may give to the party committees:

PAC Contribution Limits to National Party Committees

PACLimits3

As a reminder, there are no longer any aggregate contribution limits for individual donors, so they can give to as many candidates, PACs, and parties as they want.

Finally, the FEC also raised the threshold for disclosing contributions bundled by lobbyists. Candidates must now report bundled contributions from a lobbyist if they total more than $17,600 during the applicable reporting period. This change affects only reports that candidates, leadership PACs, and parties file. It does not change how lobbyist or others may bundle contributions or help to raise funds.

Photo of Ronald M. Jacobs Ronald M. Jacobs

Ron Jacobs focuses his practice on political law, nonprofit organizations, and crisis management, including congressional investigations, class actions, and regulatory investigations. Ron founded and co-chairs the firm’s nationally recognized Political Law practice. He advises clients on all aspects of state and federal political…

Ron Jacobs focuses his practice on political law, nonprofit organizations, and crisis management, including congressional investigations, class actions, and regulatory investigations. Ron founded and co-chairs the firm’s nationally recognized Political Law practice. He advises clients on all aspects of state and federal political law, including campaign finance, lobbying disclosure, gift and ethics rules, pay-to-play laws, and tax implications of political activities.

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Photo of Lawrence H. Norton Lawrence H. Norton

Larry Norton, a former general counsel of the Federal Election Commission (FEC), advises clients on federal and state campaign finance laws, lobbying disclosure, gift and ethics rules, pay-to-play laws, and the tax implications of political activities. His clients include corporations and their PACs…

Larry Norton, a former general counsel of the Federal Election Commission (FEC), advises clients on federal and state campaign finance laws, lobbying disclosure, gift and ethics rules, pay-to-play laws, and the tax implications of political activities. His clients include corporations and their PACs, advocacy groups and trade associations, candidates, super PACs, lobbying shops and law firms, and high-net-worth individuals. Larry recognizes the unique issues facing organizations seeking to influence public policy and elections. He provides pragmatic and creative solutions to complex problems, troubleshoots new projects and programs, and helps clients manage their legal and reputational risks.

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  • Posted in:
    Other
  • Blog:
    Political Law Briefing
  • Organization:
    Venable LLP
  • Article: View Original Source

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