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 governs the financing of federal elections, including those for President, the U.S. House of Representatives, and the U.S. Senate. Under FECA, individuals are limited to donating up to $2,800 per candidate, per election cycle, which includes both primary and general elections. The Act also mandates that federal candidates must disclose all campaign contributions and expenditures, and it prohibits accepting more than $100 in cash from a single source for any federal campaign. In Kentucky, as in other states, there are additional state laws that regulate campaign contributions and require reporting for candidates seeking state and local offices. These state-specific regulations are typically found in the state's election statutes. It's important for individuals and candidates in Kentucky to comply with both federal and state campaign finance laws to ensure transparency and fairness in the electoral process.