Yesterday, the Federal Election Commission announced updated contribution limits for the 2013-2014 election cycle. Caplin & Drysdale has composed two charts that succinctly explain these new limits
Footnotes
1 Contributions to "SuperPACs" or other entities that make only independent expenditures (as opposed to contributions to candidates or party committees) are exempt from both the $5,000/year recipient limit and the biennial aggregate limit.
2 These are combined limits, shared with federal accounts of all other state & local committees of same party in same state.
This article is designed to give general information on the developments covered, not to serve as legal advice related to specific situations or as a legal opinion. Counsel should be consulted for legal advice.