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|For Immediate Release
February 3, 2005
|NEW FEDERAL CONTRIBUTION LIMITS ANNOUNCED|
WASHINGTON -- The Federal Election Commission today approved new contribution limits for the 2005-2006 election cyle. The Bipartisan Campaign Reform Act of 2002 (BCRA) indexed certain contribution limits for inflation. Limits for contributions made in 2005 and 2006 are as follows:
FEC Chairman Scott Thomas noted that "we're particularly pleased that, with the help of the Departments of Commerce and Labor, we were able to get these numbers out so quickly and so early in the election cycle."
The Federal Register notice announcing these changes will also specify limits on coordinated expenditures party committees may make on behalf of general election candidates for federal office. The limit for House races in 2005 will be $38,300, with a separate limit applied to national and state/local party committees. As a result, parties could spend up to a total of $76,600 on behalf of House candidates in general elections this year while coordinating those expenditures with the candidate. (At this point, the House special election in California's 5th district is the only election for federal office scheduled this year.)
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