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  • Tips for Treasurers

Hey Big Spender (Or His/Her Opponent)!

July 24, 2006

If you are running for the House and spend more than $350,000 of your own money, you have triggered the Millionaires' Amendment (the threshold for personal spending in Senate races varies, depending on the State's voting age population) and must fax FEC Form 10 to your opposing candidates and their national party committees. Once triggered, both the candidate who spent the personal funds and the opposing candidates have obligations under the law to file notices (or track the need to file), and the opponents may be eligible for higher contribution and party expenditure limits. For complete guidance on the Millionaires' Amendment, as well as the Senate threshold spending amounts and the necessary reporting forms, visit the FEC's web site.