The Federal Election Campaign Act (located at 52 U.S.C. §30101) is a federal statute that puts limits on campaign contributions to candidates for President of the United States and Congress (the U.S. House of Representatives and the U.S. Senate). It requires candidates to report all the money their campaigns receive and spend.
Most individuals can donate up to $2,800 per candidate, per election. This means a person can donate up to $2,800 to each of one or more candidates in a federal primary election and in a federal general election. This law also requires candidates in federal elections to report the payee and amount of each campaign expenditure. And a campaign may not accept more than $100 in cash from a particular source with respect to any campaign for nomination for or election to federal office.
Similarly, state laws place limits on campaign contributions and require candidates for elective office to report the contributions they receive and the expenditures they make while seeking public office. These laws are usually located in a state’s statutes—often in the elections code.
The Federal Election Campaign Act (FECA) is a federal law that regulates campaign contributions and expenditures in federal elections, which includes presidential and congressional races. Under FECA, individuals are generally allowed to donate up to $2,800 per candidate, per election cycle, meaning the same donor can contribute this amount for both the primary and general elections. The law also mandates that federal candidates must disclose the sources and amounts of campaign contributions, as well as detailed reports of their expenditures. Cash contributions are limited to $100 from any single source per campaign. In Arkansas, similar regulations are in place for state-level elections. These state laws set limits on campaign contributions and require candidates to report their financial activities during election campaigns. These regulations are typically found in the state's election statutes, which outline the rules for campaign finance within the state.