Last week, the FEC announced new contribution limits for the 2019-2020 election cycle. In the 2018 election, individuals could only contribute $2700 per election to a candidate. Now, the FEC announced that it would be increasing this limit to $2800 to adjust for inflation.
Additionally, individual limits on contributions made to national party committees has also increased to $35,500 per calendar year and the limit on contributions made by political party committees to Senate candidates has increased to $49,600 per campaign.
For more information on these changes and how it may affect your fundraising or reporting, please call the team at Lykke.
*Adjusted for inflation