April 4, 2013 •
Ask the Experts – Considering Political Contributions in Puerto Rico
Q. I am interested in making a political contribution in Puerto Rico. What are the current political contribution limits? Am I required to disclose my contribution?
A. In Puerto Rico, individuals and PACs may make contributions. Direct corporate contributions are prohibited. Puerto Rico has recently raised the annual political contribution limits. In response to the Federal Election Commission raising the federal contributions limits in 2 U.S.C. §441a(a)(1)(A), the Oficina del Contralor Electoral (OCE) issued Circulated Letter OCE-CC-2013-02. The circulated letter raises the individual and PAC contribution limits to $2,600 per candidate per year, with an aggregate contribution limit of $13,000. In an election year, the limits are modified to $2,600 per candidate per election, and $13,000 in the aggregate per election. These contribution limits do not apply to independent expenditures.
There are no reporting requirements for individuals making contributions in Puerto Rico. PACs, however, have a quarterly disclosure requirement for any quarter in which contributions were received or expenditures were made. PACs established and registered in a jurisdiction other than Puerto Rico have separate reporting requirements under the campaign finance regulations issued by the OCE.
For specific guidance on making contributions in Puerto Rico, please contact Sarah Kovit.
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