If you regularly max out your donations to North Carolina political candidates, expect to reach just a little deeper into your pockets this year.
The amount of money an individual can donate to a state and local North Carolina political campaign has been raised to $5,400 per election for the 2020 cycle.
That’s up about 4% from the previous limit, which was $5,200.
Who must follow NC political contribution limits?
This limit applies to personal donations and loans to political candidates and donations from political action committees to candidates.
PACs also cannot accept donations of larger than the $5,400 limit per election.
Who is exempt from NC political contribution limits?
Political parties and their executive committees are not subject to the donation cap. You’ll often see large donations funneled through the party to tightly contested elections.
Independent expenditure committees are not subject to the limitations.
Candidates are also able to loan an unlimited amount of money to their own campaigns.
How long is the limit in place?
This figure will be in effect through at least December 31, 2020. North Carolina law requires the State Board of Elections to re-evaluate this limit every two years, and it goes into effect on January 1 of the odd-numbered year.
Remember, this isn’t legal advice. If you have questions, talk to the State Board of Elections.