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CASH CONTRIBUTIONS EXCEEDING $100 PROHIBITED. (a) A candidate, officeholder, or specific-purpose committee may not knowingly accept from a contributor in a reporting period political contributions in cash that in the aggregate exceed $100. (b) A person who violates this section commits an offense.
Overall spending limit for 2020 primaries The overall spending limit for publicly funded presidential candidates in the primary elections is $51,850,800.
*Note: Candidates seeking office in the General Assembly have their election cycle reset every general election regardless of participation. $6,000 Individuals Does not include self or immediate family members.
The maximum contribution amount that may qualify for the credit is $2,000 ($4,000 if married filing jointly), making the maximum credit $1,000 ($2,000 if married filing jointly). Use the chart below to calculate your credit. Example: Jill, who works at a retail store, is married and earned $41,000 in 2021.
Statement of Organization (FEC Form 1)
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People also ask

All candidates file with the FEC, electronically or by paper. Candidates who file electronically are required to use Form 2. Candidates who file by paper can use either Form 2 or a letter with the same information thats captured on Form 2.
The combined pre-tax and Roth contributions cannot exceed the limit set by the IRS. In 2023, employees are allowed to defer up to $22,500. Employees over age 50 are allowed to defer up to $30,000.
A recipient committee is required to file a Statement of Organization (Form 410), which provides the public with information about the purpose of the committee and identifies the committees treasurer and principal officer(s). The Form 410 is also required to be filed in order to terminate the committee.

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