The Federal Election Commission has increased the amounts that
individuals and certain PACs can contribute in the 2015-16 election
cycle. The most significant change is that individuals may now give
2700 per election to each federal candidate. This
is an increase from the $2600 per election limit that had been in
place for 2013-14. Since primary and general election contests are
viewed as separate "elections," an individual may now
contribute a total of $5400 to a federal
candidate.
In addition, individuals can now give $33,400
to each national party committee per calendar year (up from
$32,400). The $5,000 per year individual contribution limit to PACs
is not affected.
The contribution limits for larger PACs are not readjusted each
election cycle. As a result, "multicandidate" PACs
– those with 51 or more contributors that have supported 5 or
more federal candidates – can still contribute $5000 per
candidate per election, $15,000 per year to a national