(Rate should be same as federal. The Leadership Institute came in to do training a few months ago for a group I’m affiliated with. the fundraising person laughed at our onerous campaign finance laws. The system is truly stacked up for incumbent protection. – promoted by EaBo Clipper)
A new, $750 annual limit is one of the ideas under discussion, as lawmakers complain that inflation is hurting their purchasing power come election time. The $500 limit was set in 1994.
Legislators could also choose to forgo a onetime increase in the maximum donation and instead tie future increases to inflation. Or they could do both. The new maximum rate would not go into effect until 2009, after this year’s election for state Legislature.
Click on the link to read the full article – Standard-Times: Legislature weighs boost to campaign donation cap