An individual may contribute a maximum amount of $2,300 per election (the primary and general are separate elections) to a federal candidate. Federal multi-candidate political action committees (PAC's) may contribute $5,000 per election. Contributions from non-U.S. citizens, citizens under the age of 18, corporations, labor organized treasury funds, foreign nationals, and federal government contractors are prohibited. Corporations and individuals are strictly prohibited from reimbursing another person for making a contribution to any candidate. Contributions of gifts to a candidate are not tax deductible for federal income tax purposes. Federal law requires us to use our best efforts to collect and report the name, mailing address, occupation, and name of employer for each individual whose contributions aggregate in excess of $200 per election cycle. |