The bill H. 3554 proposes amendments to the South Carolina Code of Laws regarding campaign contribution limits. Specifically, it seeks to increase the individual campaign contribution limits for candidates running for statewide office, candidates elected jointly for statewide positions, and candidates for other offices. The proposed changes include raising the contribution limit for statewide candidates from $3,500 to $7,000, and for candidates for other offices from $1,200 to $2,000. Additionally, the bill modifies the contribution limits that candidates for non-statewide offices can receive from political parties through their committees, increasing the limit from $5,000 to $10,000.
Furthermore, the bill clarifies that contributions from registered lobbyists are prohibited if they are lobbying for the public office the candidate is seeking. It also stipulates that any contributions received in violation of the new limits must be remitted to the Children's Trust Fund within seven days. The act will take effect upon approval by the Governor.
Statutes affected: 12/05/2024: 8-13-1314, 8-13-1316
Latest Version: 8-13-1314, 8-13-1316