December 11, 2014 •
Federal Bill May Allow Increased Contributions to Political Parties
The limits for political contributions to federal political parties may increase with the passage of the current federal omnibus bill. Included as a rider is an amendment to the Federal Election Campaign Act of 1971 allowing additional contributions to political parties for presidential nominating conventions, for preparation for and the conduct of election recounts and contests and other legal proceedings, and for the construction, purchase, renovation, operation, and furnishing of one or more buildings for party headquarters.
An individual would be able to contribute $97,200 a year to a national political party beyond a committee’s existing limit of $32,400 per year. For an example of combined contributions made possible by the proposed legislation, see “Campaign contribution limits are about to go way up. Here’s what that looks like, in one massive graph” by Philip Bump in The Washington Post.
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