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What are the guidelines for giving money to a PAC?

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What are the guidelines for giving money to a PAC?

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Under federal law, a PAC can only accept contributions from individuals except in extremely limited circumstances. A PAC is not permitted to accept corporate checks, contributions of more than $5,000, contributions from a foreign national unless admitted for permanent residence in the U.S., contributions in the name of another person, contributions from most partnerships, or contributions from an LLC unless the LLC has elected to be treated as a partnership for tax purposes or has only one natural person member. The maximum amount an individual can contribute to multiple PACs is $65,500 per two-year election cycle. This maximum may be further reduced if contributions are made to national or state party committees and these contribution limits are subject to adjustment for inflation every other year.

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