Yes, there are very strict rules when it comes to contribution limits to campaigns directly. You can’t pull a Scrooge McDuck and have a ton of money that you can swim in; however, it does make us want to sing along to Duck Tales:
According to the Federal Election Commission (FEC), see the contribution limits below:
- $2,700 per election to a Federal candidateor the candidate’s campaign committee. Notice that the limit applies separately to each election. Primaries, runoffs and general elections are considered separate elections.
- $5,000 per calendar year to a PAC. This limit applies to a PAC (political action committee) that supports Federal candidates. (PACs are neither party committees nor candidate committees. Some PACs are sponsored by corporations and unions–trade, industry and labor PACs. Other PACs, often ideological, do not have a corporate or labor sponsor and are therefore called non-connected PACs.) PACs use your contributions to make their own contributions to Federal candidates and to fund other election-related activities.
- $10,000 per calendar year to a State or local party committee. A State party committee shares its limits with local party committees in that state unless a local committee’s independence can be demonstrated.
- $33,400 per calendar year to a national party committee. This limit applies separately to a party’s national committee, House campaign committee and Senate campaign committee.
- $100 in currency (cash) to any political committee. (Anonymous cash contributions may not exceed $50.) Contributions exceeding $100 must be made by check, money order or other written instrument.
Of course none of these contribution limits to candidates and committees prevent the so-called “SuperPACs” from spending unlimited amounts on campaigns, much to the delight of television and radio station owners.