Page:United States Statutes at Large Volume 90 Part 1.djvu/537

 PUBLIC LAW 94-283—MAY 11, 1976

90 STAT. 487

"LIMITATIONS ON CONTRIBUTIONS AND EXPENDITURES

"SEC. 320. (a)(1) No person shall make contributions— " (A) to any candidate and his authorized political committees with respect to any election for Federal office which, in the aggregate, exceed $1,000; "(B) to the political committees established and maintained by a national political party, which are not the authorized political committees of any candidate, in any calendar year which, in the aggregate, exceed $20,000; or "(C) to any other political committee in any calendar year which, in the aggregate, exceed $5,000. "(2) No multicandidate political committee shall make contributions— "(A) to any candidate and his authorized political committees with respect to any election for Federal office which, in the aggregate, exceed $5,000; "(B) to the political committees established and maintained by a national political party, which are not the authorized political committees of any candidate, in any calendar year, which, in the aggregate, exceed $15,000; or "(C) to any other political committee in any calendar year which, in the aggregate, exceed $5,000. "(3) No individual shall make contributions aggregating more than $25,000 in any calendar year. For purposes of this paragraph, any contribution made to a candidate in a year other than the calendar year in which the election is held with respect to which such contribution is made, is considered to be made during the calendar year in which such election is held, "(4) The limitations on contributions contained in paragraphs (1) and (2) do not apply to transfers between and among political committees which are national. State, district, or local committees (including any subordinate committee thereof) of the same political party. For purposes of paragraph (2), the term 'multicandidate political committee' means a political committee which has been registered under section 303 for a period of not less than 6 months, which has received contributions from more than 50 persons, and, except for any State political party organization, has made contributions to 5 or more candidates for Federal office. "(5) For purposes of the limitations provided by paragraph (1) and paragraph (2), all contributions made by political committees established or financed or maintained or controlled by any corporation, labor organization, or any other person, including any parent, subsidiary, branch, division, department, or local unit of such corporation, labor organization, or any other person, or by any group of such persons, shall be considered to have been made by a single political committee, except that (A) nothing in this sentence shall limit transfers between political committees of funds raised through joint fund raising efforts; (B) for purposes of the limitations provided by paragraph (1) and paragraph (2) all contributions made by a single political committee established or financed or maintained or controlled by a national committee of a political party and by a single political committee established or financed or maintained or controlled by the State committee of a political party shall not be considered to have been made by a single political committee; and (C) nothing in this section shall limit the transfer of funds between the principal cam-

2 USC 441a.

"Multicandidate political committee." 2 USC 433.

�