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  • Press Release

FEC approves Final Determination of Date of Ineligibility for matching fund payments

June 27, 2024

WASHINGTON – At its open meeting today, the Federal Election Commission approved a Final Determination of Date of Ineligibility for matching fund payments for Mike Pence and his principal campaign committee Mike Pence for President (MPFP).

Mike Pence and Mike Pence for President - Final Determination of Date of Ineligibility The Commission approved a Final Determination of Date of Ineligibility (DOI) for payments from the Presidential Primary Matching Payment Account (Matching Payment Act), determining that the DOI is October 28, 2023, when Pence publicly announced that he was suspending his campaign for President. The Commission also approved notification to Pence and MPFP of the DOI determination with an instruction to submit a statement of net outstanding campaign obligations (NOCO) within 15 calendar days.

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 $3,300 to a primary candidate in the current election cycle, only a maximum of $250 per individual applies toward the $5,000 threshold in each state.

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 qualified campaign-related expenses, keeping financial records, and permitting an extensive campaign audit.

Commission regulations provide that even if presidential primary candidates no longer campaign actively in primary elections, they may continue to request public funds to pay off campaign debts until the first Monday of March of the year following an election.

The Federal Election Commission (FEC) is an independent regulatory agency that administers and enforces federal campaign finance laws. The FEC has jurisdiction over the financing of campaigns for the U.S. House of Representatives, the U.S. Senate, the Presidency and the Vice Presidency. Established in 1975, the FEC is composed of six Commissioners who are nominated by the President and confirmed by the U.S. Senate.