Thursday, April 3, 2014

From the Texas Tribune: Federal Contribution Limits Drift Toward Texas

The Tribune reports that yesterday's Supreme Court ruling make national campaign laws similar to this in Texas.

- Click here for the article.

The federal campaign finance system moved a step closer to the Texas model Wednesday as the U.S. Supreme Court struck down some limits on political donations to federal candidates.

In a 5-4 decision, the justices struck down federal limits on how much an individual may make in total political contributions, also known as aggregate limits. Under the rules at issue in McCutcheon v. FEC, the Federal Election Commission has a $123,200 biennial limit on individual contributions in every two-year election cycle, with $48,600 allowed to go to candidates and $74,600 for political parties and political action committees.

Under the federal decision, the FEC’s rules will now be more in line with those of the Texas Ethics Commission, which has no aggregate limits on political donations.

Political donors in Texas fall under the federal rules only when giving to congressional candidates or candidates for president. Those donors are able to follow the more lenient state guidelines for donations involving Texas state government races, such as the governor, the Legislature and state courts.