Amendment 34: Campaign Finance
Section 1: There are no restrictions on what an individual, using personal funds, may spend on his/her campaign for Federal, elected office (President, Vice-President, Senator, or member of the House of Representatives).
Section 2: Funds raised, donated, or otherwise contributed by others directly to a candidate's campaign are restricted. The limit on these non-personal funds is determined by the number of registered voters in a particular election, i.e. number of registered voters (regardless of party affiliation) in a House of Representative District or total registered voters nationally in a Presidential election. Those totals will be determined by each state's office which is responsible for such data. The limit is $1 for each registered voter.
Section 3: Donations, which are restricted to individuals (business entities may not contribute to political candidates), made directly to a candidate are limited to $100 per election (a primary is considered a separate election). Records of donations (name, address, phone number, and amount of donation) must be kept by each campaign and be available to the public or media, at any time, upon request (if printed, a reasonable charge is permissible).
Section 4: Political Action Committees (PAC) (business entities may not contribute to candidates or coordinate their activities with candidates) may be formed by individuals who wish to independently support candidates. There are no restrictions on the amount of funds which a PAC may collect in support of a particular candidate. However, PAC spending for a particular candidate is limited in the same way and to the same dollar amount as a candidate, $1 per registered voter. In addition, each PAC must disclose (weekly) publicly the names of its members and how much each member contributed to each candidate. PAC's may not collect funds within 14 days of the election date (or the start of early voting where that applies) and must issue a final disclosure of its membership and individual contribution totals made in support of each candidate no later than 10 days before voting begins. Disclosure must be widely available through the media and the PAC's website.
Robert Butler
P.O. Box 193
Marmaduke, AR 72443
