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YP – Landrum enables opponents...

YP – Landrum enables opponents higher limits via FEC ‘millionaire amendment’

By: Magnolia Tribune - February 22, 2008

By virtue of the fact that MS 3rd Republican candidate David Landrum has exceeded $350K worth of campaign contributions into his own campaign, he has tripled the per person FEC limits for his campaign opponents. According to his filing, Landrum has actually put $410K into his own campaign coffers.

FEC election law has a ‘millionaire amendment’ that mitigates the personal financial influence that any one candidate can have on the race via personal donations to his own campaign. Now the balance of the MS 3rd field’s candidates can get donors to donate up to $6,900 and still be within the FEC limits.

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.