How much did Mitt Romney spend in 2012?
|Candidate||Money Raised||Money Spent|
What is the maximum contribution to a presidential candidate?
During the current two-year election cycle the limit for contributions by individuals to federal candidates for President, the U.S. Senate and the U.S. House of Representatives will increase to $2,900 per election.
What did the Supreme Court determine to be permissible in Citizens United v Federal election Commission quizlet?
The Court ruled, 5-4, that the First Amendment prohibits limits on corporate funding of independent broadcasts in candidate elections.
What is the limit on individual contributions to candidates in federal elections quizlet?
No foreign contributions are allowed while individual contributions are limited to 1,000 per candidate. Can’t give more than 25,000 for all federal candidates.
How much can an individual contribute to a candidate’s campaign quizlet?
Individual contributions to a PAC are limited to $5,000 per year, and a PAC may give up to $5,000 to a candidate for each election. A six-member bipartisan agency created by the Federal Election Campaign Act of 1974. The federal Election Commission administers and enforces campaign finance laws.
What is the significance of the 2010 Supreme Court decision Citizens United v Federal Election Commission?
It was argued in 2009 and decided in 2010. The court held that the free speech clause of the First Amendment prohibits the government from restricting independent expenditures for political campaigns by corporations, including nonprofit corporations, labor unions, and other associations.
How are campaign contributions regulated?
Current campaign finance law at the federal level requires candidate committees, party committees, and PACs to file periodic reports disclosing the money they raise and spend.
What are the limits on contributions to federal candidates?
The limits on contributions to candidates apply separately to each federal election in which the candidate participates. A primary election, general election, runoff election and special election are each considered a separate election with a separate limit.
What happens if a campaign receives contributions that exceed the limits?
It is important to note that a campaign is prohibited from retaining contributions that exceed the limits. In the event that a campaign receives excessive contributions, it must follow special procedures for handling such funds. *Indexed for inflation in odd-numbered years.
How much can you contribute to a presidential primary candidate?
Although an individual may contribute up to the primary limit to a publicly funded presidential primary candidate, only a maximum of $250 of each individual’s contribution is counted towards federal matching funds. A publicly funded presidential primary candidate must agree to limit spending from the candidate’s personal funds to $50,000.
How much can I contribute to a nonmajor Party nominee?
A person may contribute to a nonmajor party nominee who receives partial general election public financing up to the expenditure limits, but the nominee is otherwise subject to the same contribution limits that apply to House candidates. The nominee must also agree to limit spending from personal funds to $50,000.