What are PAC contribution limits and how are contributions reported?
For 2008-2009, individuals may contribute no more than $5,000 per year to any one PAC—subject to the further limitation that no individual may make more than $108,200 in contributions over the two-year cycle to a combination of individual candidates ($42,700) and political organizations or PACs ($65,500). PAC-to-PAC contributions may not exceed $5,000 per year. NASBIC PAC must report all contributions it receives and all contributions it makes to candidates to the Federal Election Commission. For a contribution to NASBIC PAC equal to or less than $200, only the total dollar amount must be reported. For a contribution in excess of $200, both the contribution amount and the identity of the contributor must be reported. The reports are public documents.
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