26-U.S.C.-9034
§9034 – Entitlement of Eligible Candidates to Payments
Pathway
Title 26 > Subtitle H > Chapter 96 > Section 9034
Details
- Reference: Section 9034
- Legend: §9034 – Entitlement of Eligible Candidates to Payments
- USCode Year: 2013
Provision Content
(a) In general
Every candidate who is eligible to receive payments under section 9033 is entitled to payments under section 9037 in an amount equal to the amount of each contribution received by such candidate on or after the beginning of the calendar year immediately preceding the calendar year of the presidential election with respect to which such candidate is seeking nomination, or by his authorized committees, disregarding any amount of contributions from any person to the extent that the total of the amounts contributed by such person on or after the beginning of such preceding calendar year exceeds $250. For purposes of this subsection and section 9033(b), the term contribution means a gift of money made by a written instrument which identifies the person making the contribution by full name and mailing address, but does not include a subscription, loan, advance, or deposit of money, or anything of value or anything described in subparagraph (B), (C), or (D) of section 9032(4).
(b) Limitations
The total amount of payments to which a candidate is entitled under subsection (a) shall not exceed 50 percent of the expenditure limitation applicable under section 315(b)(1)(A) of the Federal Election Campaign Act of 1971.
(Added Pub. L. 93–443, title IV, §408(c), Oct. 15, 1974, 88 Stat. 1299; amended Pub. L. 94–283, title III, §307(b), May 11, 1976, 90 Stat. 501; Pub. L. 110–172, §11(a)(42)(D), Dec. 29, 2007, 121 Stat. 2488.)
References in Text
Section 315(b)(1)(A) of the Federal Election Campaign Act of 1971, referred to in subsec. (b), is classified to section 441a(b)(1)(A) of Title 2, The Congress.
Amendments
2007—Subsec. (b). Pub. L. 110–172 substituted section 315(b)(1)(A) for section 320(b)(1)(A).
1976—Subsec. (b). Pub. L. 94–283 substituted section 320(b)(1)(A) of the Federal Election Campaign Act of 1971 for section 608(c)(1)(A) of title 18, United States Code.
U.S. Encyclopedia of Law Coverage
26-U.S.C.-9003 in the Legal Encyclopedia: Taxes
In this entry about 26-U.S.C.-9003, find legal reference material, bibliographies and premiere content related to taxes in the American Encyclopedia of Law, presenting a comprehensive view of the United States taxes-specific issues, written by authorities in the field.
26-U.S.C.-9003 in the Legal Encyclopedia: Presidential Campaign Financing
In this entry about 26-U.S.C.-9003, find legal reference material, bibliographies and premiere content related to presidential campaign financing in the American Encyclopedia of Law, presenting a comprehensive view of the United States presidential campaign financing-specific issues, written by authorities in the field.
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