January 4, 2013 •
Illinois Increases Contribution Limits
The Illinois State Board of Elections has announced that campaign contributions limits have been increased with the start of the new year. According to statute, on January 1 of every odd-numbered year, the board of elections must adjust the contribution limits due to inflation.
Under the updated limits, a candidate political committee may accept, over the course of an election cycle, no more than $5,300 from an individual, $10,500 form a corporation, labor organization, or association, and $52,600 from a political action committee. A political party committee and a political action committee may accept no more than $10,500 from an individual, $21,100 from a corporation, labor organization, or association, and $52,600 from a political action committee.
Absent any legislation, these contribution limits will remain in place until January 1, 2015 and will be in effect for the next gubernatorial election.
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