The Federal Election Campaign Act requires the Federal Election Commission to analyze inflation for potential adjustments to campaign contribution limits
Based on its analysis, the FEC may make adjustments to account for any inflation
Such adjustments have resulted in increases for 2021-2022 for certain individual contributions and also for certain Political Action Committee (non-multicandidate) contributions
The Federal Election Commission (FEC) conducts a detailed analysis of inflation and cost-of-living increases on a biennial basis for purposes of evaluating federal campaign contribution limits. This analysis is required by the Federal Campaign Election Act (FECA) which authorizes the FEC to make adjustments in odd-numbered years to account for inflation.
Accordingly, the FEC has just released its adjustments for the 2021-2022 cycle.
Individuals may now contribute $2,900 per election to a federal candidate committee. Additionally, individuals may contribute a maximum of $36,500 per year to National Party Committees and $109,500 per calendar year/per account to Additional National Party Accounts (e.g. presidential nominating convention accounts, election recount and legal proceedings accounts, national party headquarters building accounts, etc.).
Political Action Committees (PACs) (non-multicandidate) also had adjustments for inflation. Non-multicandidate PACs are now permitted the same maximum contribution as noted above.
Contribution limits for other categories of contributors and for other committee types remained the same from the 2019-2020 cycle.
The full chart for all contributor and committee types is published by the FEC biennially.
For more information, please contact the Barnes & Thornburg attorney with whom you work or Ron Miller at 202-408-6923 or email@example.com.
© 2021 Barnes & Thornburg LLP. All Rights Reserved. This page, and all information on it, is proprietary and the property of Barnes & Thornburg LLP. It may not be reproduced, in any form, without the express written consent of Barnes & Thornburg LLP.
This Barnes & Thornburg LLP publication should not be construed as legal advice or legal opinion on any specific facts or circumstances. The contents are intended for general informational purposes only, and you are urged to consult your own lawyer on any specific legal questions you may have concerning your situation.