Kucinich and Hunter certified for matching funds

The Commission has certified that 2008 Presidential candidates Dennis J. Kucinich and Duncan Hunter are eligible to receive Presidential primary matching funds. 26 U.S.C. §§9033(a) and (b); 11 CFR 9033.1 and 9033.3.

Under the Presidential Primary Matching Payment Account Act, the federal government will match up to $250 of an individual’s total contributions to an eligible Presidential primary candidate. To become eligible for matching funds, a candidate must raise a threshold amount of $100,000 by collecting $5,000 in 20 different states in amounts no greater than $250 from an individual. Although an individual may contribute up to $2,300 to a primary candidate, only a maximum of $250 per individual applies toward the $5,000 threshold in each state. Candidates who receive matching payments must also agree to limit their spending and submit to an audit by the Commission.