Coming out of the most expensive campaign in history, more boom-town news:
Donors can now give more money to federal candidates and committees active in the 2014 elections.
Individuals may give $2,600 to a federal candidate for a primary election and another $2,600 for the general election, according to an updated chart from the Federal Election Commission. That’s up from $2,500 per election. The contribution limits are indexed for inflation at the beginning of odd-numbered years.
Individuals may now give $32,400 to a national party committee per calendar year, up from $30,800.
Individuals may give a total of $123,200 to federal candidates and federal political committees over the next two years. Of that total, $48,600 may go to candidates and $74,600 may go to political action committees and party committees. The previous biennial limit was $117,000.
There aren’t limits on donations to super-political action committees, which raise money for so-called independent expenditures that expressly advocate the election or defeat of candidates without coordinating operations with them.