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Get IOWA ETHICS AND CAMPAIGN DISCLOSURE BOARD - Iowa
UILDING FUND ACCOUNTS For office use only Indexed REPORT FOR STATE PARTY BUILDING FUND ACCOUNTS Audited Checked Pursuant to Federal Election Commission Advisory Opinion 2004-28, the Board will permit a state party committee to receive contributions from corporations, insurance companies , and financial institutions when those contributions are placed in a building fund account and all account transactions are disclosed pursua.
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Undersigned FAQ
Registering a PAC A PAC must appoint both a chair and treasurer, each of whom shall be at least 18 years of age. A PAC must either have an Iowa resident as the treasurer or maintain all of the PAC's funds in bank accounts in a financial institution located in Iowa.
Registering a PAC A PAC must either have an Iowa resident as the treasurer or maintain all of the PAC's funds in bank accounts in a financial institution located in Iowa. A PAC must update its statement of organization within 30 days of any changes to the statement's information.
The Federal Election Campaign Act (FECA) limits the amount of money individuals and political organizations can give to a candidate running for federal office. You can donate to more than one candidate in each federal election. The current contribution limits are: Primary election. General election.
If a limited liability company (LLC) is considered a corporation for tax purposes, it is prohibited from making contributions to federal candidates. If an LLC is considered a partnership for tax purposes, it is subject to the contribution limits for partnerships.
Corporations, labor organizations, national banks National banks and federally chartered corporations may not make contributions in connection with any election–federal, state or local.
Iowa does not have campaign contribution limits. A candidate may accept monetary and in-kind contributions from individuals, political committees (“PACs”), and any entity that is not a prohibited contributor under section 68A.
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