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Contributions to Thom Tillis Victory Committee are not tax deductible for federal income tax purposes. Contributions by corporations, foreign nationals and federal government contractors are prohibited

Thom Tillis Victory Committee is a joint fundraising committee on behalf of Thom Tillis Committee and the North Carolina Republican Party. Joint fundraising proceeds shall be allocated according to the following formula:

(i)               The first $2,600 of any contribution by an individual or non-multicandidate PAC and the first $5,000 from a multicandidate PAC shall be allocated to the Thom Tillis Committee general election and

 (ii)            The next $10,000 of any contribution by an individual or a non-multicandidate federal PAC, or the next $5,000 of any contribution by a multicandidate federal PAC, shall be allocated to the North Carolina Republican Party.

Notwithstanding this allocation formula, a contributor may designate his or her contribution for a particular participant or group of participants. In addition, the allocation formula may change if a contributor makes a contribution which would exceed the amount that contributor may give to a particular participant. 

The legal maximum that an individual or a non-multicandidate political committee may contribute to the JFC is $12,600 (1 candidate committee x $2,600 + 1 state party committee x $10,000 = $12,600). 

The legal maximum that a multicandidate political committee may contribute to the JFC is $10,000 (1 candidate committee x $5,000 + 1 state party committee x $5,000 = $10,000).

Notwithstanding the allocation formula described above, contributions may be designated by the contributor for a specific committee. All earmarked contributions will be allocated to the specified committee(s) as directed by the contributor, in accordance with applicable individual and aggregate contribution limits under the Federal Election Campaign Act of 1971, as amended.

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