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Federal law requires political
committees to use their best efforts to collect and report the name,
mailing address, occupation and name of employer of individuals whose
contributions exceed $200 in a calendar year. An individual may make
contributions of up to $5,000 per calendar year to the political committee.
Federal law prohibits contributions to a political committee from: · the general treasury funds of corporations, labor organizations or national banks (including corporate credit cards); · any person contributing another person's funds; · foreign nationals who lack permanent resident status; and · government contractors. A political committee may accept contributions from minor children (i.e., persons under 18 years of age) if the minor makes the decision to contribute knowingly and voluntarily, the child contributes his or her own funds, and the contribution is not controlled by another individual or made from the proceeds of a gift given to provide funds to be contributed. Contributions to any PAC are not tax-deductible under federal law. |
| FAIR USE NOTICE: This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of political and social justice issues, democracy, etc. We believe this constitutes a "fair use" of any such copyrighted material in accordance with the US Copyright Law, Title 17 U.S.C. Section 107. |