General Question

kelly's avatar

Campaign contributions for federal office: how much can an individual contribute and over what period of time?

Asked by kelly (1908points) September 4th, 2008

Also what about a small business, what are their contributions limits for federal offices?

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2 Answers

BonusQuestion's avatar

From top of my head I think it is $2300 per individual in presidential campaigns.

lefteh's avatar

Above answer is correct.

$2300 is the limit for any individual to give to any political campaign per campaign cycle.
Corporations cannot donate money to campaigns. They can, however, form PACs. PACs may donate $2300, unless they donate to more than 5 candidates, in which case they may donate $5000.

EDIT: Keep in mind: these numbers are for this (2008) campaign cycle. Under the McCain-Feingold bill, these numbers change with inflation.

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