U.S. Supreme Court Invalidates "Aggregate" Contribution Limits

This morning in McCutcheon v. Federal Election Commission, the U.S. Supreme Court invalidated the “aggregate” contribution limits in federal campaign finance law. Under the ruling, major donors will be permitted to contribute greater aggregate sums to candidates, parties, and PACs. Because the “base” contribution limits survive the opinion, however, federal elections will still rely heavily on expenditures from outside organizations like super PACs and 501(c)(4)s.

Issue in the Lawsuit -

McCutcheon did not concern the “base” contribution limits governing isolated donations to federal candidates, federal PACs, or political party organizations. Rather, McCutcheon concerned the “aggregate” contribution limits governing amounts transferred from a single donor to combinations of candidates, federal PACs, and political party organizations.

Please see full alert below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Topics:  Aggregation Rules, McCutcheon v. FEC, Political Contributions, SCOTUS

Published In: Constitutional Law Updates, Elections & Politics Updates, Finance & Banking Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Brownstein Hyatt Farber Schreck | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »