Is there a limit a person can contribute to a campaign account?
There is no limit a candidate may contribute to his/her own campaign. However, there is a limit of $500 per election for anyone else to contribute to a campaign. If money is contributed by a candidate as a “loan”, the candidate may repay himself/herself at the end of the campaign after all financial obligations are met. F.S. 106.08(b)(1) I have collected small contributions of under $10. Must I itemize these and report the name and address of each contributor? Yes. The law provides no exceptions for the reporting of contribution information, regardless of the size of the contribution. However, occupation is not required for contributions of $100 or less. My husband and I would like to give the maximum amount ($500) each to a candidate. Can we write one check for $1,000 and write a note indicating it is from both of us? No. Separate checks must be written. Even if the check is drawn on a joint account, the person signing the check is considered the contributor. May a candidate defray li
Related Questions
- If a person opens PPF account in the name of individual and also in the name of a minor(s), how the limit of deposit is determined?
- Whether a person is entitled for interest on the deposits made in excess of the prescribed limit i.e. Rs.70,000/- in a PPF account ?
- Can more than one person contribute to an account?
