Commission certifies additional funds for Martin O'Malley
The Federal Election Commission has certified an additional $133,696.74 in federal matching funds to former presidential candidate Martin J. O’Malley for the 2016 primary election. The certified amount was in response to the second regular submission for matching funds made by the O’Malley campaign.
In November, O’Malley became the first 2016 presidential candidate to be declared eligible by the Commission to receive federal matching funds. Based on his initial threshold submission and his first regular submission, the Commission requested United States Treasury payments to the O’Malley campaign totaling $946,365.09.
Following the tally vote completed on March 16, 2016, the Commission will request the Treasury to make a payment of $133,696.74 to O’Malley for President. This sum includes an additional $14,219.55 the Commission determined to be due to O’Malley for President based on a revised review of the committee’s first regular submission. O’Malley, a Democrat, ended his presidential campaign last month.
To become eligible for matching funds, candidates must raise a threshold amount of $100,000 by collecting $5,000 in 20 different states. Although an individual may contribute up to $2,700 to a primary candidate in the current election cycle, only a maximum of $250 per individual is matched with funds from the Presidential Election Campaign Fund.
Other requirements to be declared eligible include agreeing to an overall spending limit, abiding by spending limits in each state, using public funds only for legitimate campaign-related expenses, keeping financial records and permitting an audit of campaign financial activity.
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