26 U.S.C. § 9035
§ 9035. Qualified campaign expense limitations
No plain-English explainer yet. Below is the official text. Explainers are being added section by section.
History
Added in 1974 by the Public Law 93-443. Last changed December 19, 2014 by the Tax Increase Prevention Act of 2014.
Every change, newest first (3)
- December 19, 2014Tax Increase Prevention Act of 2014
- May 11, 1976Public Law 94-283
- October 15, 1974Public Law 93-443 · added this section
The law as written
Current through Public Law 119-102. Amendment notes omitted.
No candidate shall knowingly incur qualified campaign expenses in excess of the expenditure limitation applicable under section 315(b)(1)(A) of the Federal Election Campaign Act of 1971, and no candidate shall knowingly make expenditures from his personal funds, or the personal funds of his immediate family, in connection with his campaign for nomination for election to the office of President in excess of, in the aggregate, $50,000.
For purposes of this section, the term “immediate family” means a candidate’s spouse, and any child, parent, grandparent, brother, half-brother, sister, or half-sister of the candidate, and the spouses of such persons.