Legal Compliance
I affirm that the following statements are true and accurate:
My, we have interesting laws in KY;
Donation limits per Individual are: $2,000 ($1,000 in primary, $1,000 in general)(per technical election).
(2)Defines 2 possible elections, for running for Office (Primary & General) http://www.lrc.ky.gov/Statutes/statute.aspx?id=27846
http://kref.ky.gov/faqs.htm#cand7
I know the individual contribution limit is $1,000. Can a check be written to the campaign for more than $1,000 if two or more people are contributing? Yes. When accepting a check for more than the individual contribution limit, you must obtain a written verification from the contributors showing how much each person is contributing individually. A husband and wife may both choose to sign the contribution check before giving it to the campaign.
Can I accept contributions from an LLC? Yes. Limited liability companies are allowed to make contributions to candidates in the amount of $1,000 per election. For more information, see page 40 of the Candidate Guide to Campaign Finance (Revised 08/2011).
Is a check from a sole proprietorship a contribution from a contributing organization? No. A contribution on a “sole proprietorship” business check should be reported as a contribution from the individual who is the owner of the business.
Can I accept a contribution from a non-profit corporation? No. The campaign finance laws, as well as the Kentucky Constitution, make no distinction as to specific types of corporate contributions that are prohibited. Therefore, the corporate prohibition of contributions extends to non-profit corporations, professional service corporations (PSCs) or any other type of corporate classification or designation.
What are the limits on contributions that PACs may make to campaigns? PACs may contribute up to $1,000 to any candidate or slate of candidates per election. This means the PAC may contribute $1,000 in a primary and, if the candidate or slate wins the primary, the PAC may contribute $1,000 in the general election. However, PACs may only contribute $200 per election to school board candidates. An additional limit is set on PAC receipts. A campaign may only accept 50 percent of its total contributions or $10,000, whichever is the greater amount per election from PACs. Any amount over 50 percent must be refunded to the PAC.
What is the limit on contributions from affiliated PACs to candidates? When making a contribution to candidates, affiliated organizations are considered to be one (1) contributor and they are held jointly to the $1,000 contribution limit. (Example: if a state PAC made a $1,000 contribution to a candidate, the affiliated Federal PAC could not make a contribution to that candidate in that election.)
