What are the rules regarding campaign finance limits?
In Arkansas, campaign finance limits are set forth in the state’s campaign finance laws. Candidates for state offices have limits on the amount of money they can receive from individuals, businesses, corporations, labor organizations, political committees, and other sources. State candidates are required to file disclosures of their campaign contributions and expenditures with the Arkansas Ethics Commission. Individuals are limited to giving no more than $2,700 per election cycle to a state candidate, and corporations and unions are limited to giving a maximum of $5,000 per election cycle. Political Action Committees (PACs) are limited to contributing a maximum of $25,000 in a single election cycle and may not contribute more than $15,000 to any one candidate. Campaign contributions must be reported to the Arkansas Ethics Commission. Contributions of more than $100 must be itemized and reported within 10 days of the day the candidate receives the contribution. Expenditures by a political campaign must also be reported to the Arkansas Ethics Commission. All expenditures made for a political purpose must be reported, no matter how small. It is important to note that state candidates are prohibited from using personal funds to support their campaign either directly or indirectly. Additionally, candidates may not accept more funds from an individual, a business, or a corporation than what is allowed under Arkansas campaign finance limits. Violation of these rules can result in fines or criminal penalties.
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