[Mpls] Campaign finance question
ken bradley
myleshorton at yahoo.com
Sun Dec 11 14:56:48 CST 2005
David,
Minnesota
§10A.27
Unlimited
Individual ® PAC
Prohibited
Corporate/Union ® PAC
Unlimited
Political Party ® PAC
Unlimited
PAC ® PAC Transfers
The amount of money an individual can contribute to a PAC is unlimited in the state of Minnesota. Realistically you could give as much money as you want to a candidate as long as it is sent to the PAC first. Many large contributors just form PAC's. Al Franken for example just formed the Midwest Values PAC to raise money for progessive candidates.
http://www.ncsl.org/programs/legman/about/cont_to_pac.htm
Political Action Committees - Many states also limit the amounts that may be contributed to candidates by PACs - only 14 states do not. Limits on PAC contributions are generally similar or even identical to the limits on individual contributions. Some states differentiate between two types of PACs and establish different contribution limits for the types. For example, in Arizona a PAC may qualify for "super PAC" status if it receives contributions from 500 or more individuals in amounts of $10 or more during a one-year period. "Super PACs" may contribute nearly five times the amount a regular PAC is permitted to contribute. Arkansas, California, Colorado, Louisiana, and Michigan have similar provisions. Some states also place limits on the total amount a candidate can receive from PACs. In Arizona, it is $75,624 for a gubernatorial candidate and $7,568 for legislative candidates. Other states that limit the total dollars a candidate may accept from PACs are Louisiana,
Massachusetts, Minnesota, Montana, Nebraska and Wisconsin. In Kentucky, most candidates candidate cannot accept PAC contributions which in the aggregate exceed 50% of total contributions or $10,000 (whichever is greater) in an election cycle.
http://www.ncsl.org/programs/legman/about/ContribLimits.htm
Ken Bradley
Kenny Neighborhood
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