Federal election law requires political committees to use best efforts to report the name, mailing address, occupation, and name of employer of individuals whose contributions exceed $200 during an election cycle. An individual may not contribute more than a total of $2,800 per election to the committee. Federal law prohibits contributions to the committee from the general treasury funds of a corporation, labor organizations or national banks (including corporate or other business entity credit cards), from any person contributing another's funds, from a Federal government contractor, or from a foreign national who lacks permanent resident status. Contributions are not deductible for Federal income tax purposes.
Contributions to Young for Iowa, Inc. are not deductible for federal income tax purposes. The maximum an individual may contribute is $5,600 ($2,800 to the Primary Election, $2,800 to the General Election). Contributions from corporations, foreign nationals and federal government contractors are prohibited by law. Federal law requires us to report the name, mailing address, occupation and name of employer for each individual whose contributions aggregate in excess of $200 in an election.
