Limiting the amount and source of campaign contributions is one of the most common tactics for regulating money in politics. Just four states place no limits on contributions. Limits vary widely from state to state and from office to office within a state.
In New Mexico we passed a law establishing contribution limits for a broad range of candidates and political committees that became effective on November 3, 2010. Persons (including individuals) are limited to contributing the following amounts, with the primary and general elections each having their own separate limit. Currently, these limits are as follows:
• $2,400 to a candidate for non-statewide office per election;
• $5,200 to a candidate for statewide office per election; and
• $5,200 to a political committee per election.
On the day after each general election, the contribution amounts shall be increased by the percentage of the preceding two calendar year's increase of the consumer price index for all urban consumers.
Posted on Feb 14 at 12:00 AM