FOR IMMEDIATE RELEASE
Monday, February 25, 2013
Secretary of State Husted Announces Adjusted Campaign Contribution Limits
COLUMBUS – Secretary of State Jon Husted today announced the 2013 Adjusted Campaign Contribution Limits for Ohio. The updated limits take effect today, Monday, February 25, 2013.
“Full disclosure and transparency in campaign contribution filings is important to the success of our democracy and is dependent upon all key players being aware of the rules,” Secretary Husted said. “To that end, I encourage all candidates and donors to familiarize themselves with the updated contribution limits.”
In accordance with R.C. 3517.104, campaign contribution limits are adjusted for inflation in each odd numbered year by the Ohio Secretary of State’s office. Adjustments are based on the Consumer Price Index (CPI) for All Urban Consumers and certified by the Auditor of State.
Per the statutory formula, current contribution limits were multiplied by the five and three-tenths percent (5.3%) increase in the Consumer Price Index from 2010 to 2012 and the product was then added to the existing contribution limits. The limits will remain in effect until February of 2015, when the next adjustment is scheduled. The numbers are no longer rounded due to changes made in House Bill 1 of the 126th General Assembly, Special Session.
The 2013 Adjusted Campaign Contribution Limits report contains a detailed explanation of the procedures used in adjusting the contribution limits, a breakdown of all campaign contribution limits, and a reference chart containing the adjusted contribution limits. A copy of the reference chart, which is available online here, has been included below.
For more information, please contact Matt McClellan at (614) 995-2239.