The Tennessee Bureau of Ethics and Campaign Finance introduced new contribution limits for 2011-2012 to reflect increases in the Consumer Price Index.
The new limits include a biennial aggregate limit of $113,700 on contributions to State and Local candidates and PACs. Individuals may contribute no more than $44,800 to State and Local candidates and no more than $68,900 to all PACs (including parties) during the two year cycle.
Lobbyist gift limits have increased to $55 per event and lobbyist employers are limited to gifts with a cumulative value of $110 during a calendar year.
Nathan Shaker, Esq. is a Research Associate at State and Federal Communications, Inc.