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 statewide candidates and candidates for other than statewide office. In Section 8-13-1314, the contribution limit for statewide candidates is raised from $3,500 to $7,000, while the limit for candidates elected jointly is also set at $7,000. Additionally, the limit for candidates for other offices is increased from $1,000 to $2,000.

Furthermore, the bill amends Section 8-13-1316 to raise the contribution limits that candidates for offices other than statewide may receive from political parties through their committees. The new limit for contributions from political parties to candidates for statewide office is set at $50,000, while the limit for other candidates is increased from $5,000 to $10,000. The bill stipulates that any contributions received in violation of these 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