The Federal Election Commission released its guidelines for the new, increased campaign contributions this week, which the Center for Responsive Politics reports are typically adjusted for inflation during non-election years.
Here’s the new breakdown:
$2,600 per election from individual contributors ($5,200 total for Primary and General)
$2,600 per election from partnerships and LLCs ($5,200 total)
$5,000 per election from multi-candidate political action committees (PACs) ($10,000 total)
$2,600 per election from non-multi-candidate PACs ($5,200 total)
$2,000 per election from an authorized campaign committee ($4,000 total)
$1,000 per calendar year from non-federal committees
National Committees – such as the Republican National Committee and the Democratic National Committee – can now receive $32,400 annually from individual donors.
The maximum individual contribution for the 2012 election cycle was $2,500.
Now, individual donors may give a total of $48,600 to all candidates and $74,600 to PACs and political parties. However, there are no requirements for single-candidate PACs.
The 2012 election was the most expensive election in U.S. history, costing an estimated $6 billion. The rate of both fundraising and spending was unmatched, according to the Center for Responsive Politics, which reports the two presidential campaigns were spending up to $70 million a week during the final month of campaigning.
President Barack Obama had 12,605 maximum individual contributions in the last election cycle. His Republican challenger Mitt Romney received 21,984.