What are the rules regarding campaign finance limits?

In New Mexico, it is illegal for any individual to contribute more than $2,400 to a single political candidate or $5,000 to a single political action committee. This includes any indirectly contributed funds. Additionally, any transfer of funds from one political action committee to another is subject to the same limits. Political parties are also subject to certain restrictions. Each party in the state of New Mexico is limited to $7,500 in total contributions to any one Politically Exposed Person (PEP). A PEP is an official who has a political or governmental position of prominence which could place them in a position to influence important decisions. Furthermore, any political expenditure by a political party must be properly documented and reported to the Secretary of State’s office. Campaign finance records must be released to the public within 90 days of the election. Finally, it is important to note that all individuals, organizations, or PACs that donate more than $500 to a political party are required to disclose their contribution information to the Secretary of State’s office. This information must then be made available to the public. These are the general rules for campaign finance limits in New Mexico. It is important to familiarize yourself with the state’s laws to ensure compliance with the regulations.

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What are the rules regarding campaign finance limits?

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