Contributions to the Canseco for Congress Committee are subject to the prohibitions and limitations of the Federal Election Campaign Act. That law prohibits federal contributions from corporations, labor unions, and foreign nationals who are not admitted for permanent residence. All contributions must be made from personal funds and may not be reimbursed by any other person.
Contributions are not tax deductible for federal income tax purposes. Federal law requires us to report the name, address, occupation and name of employer of each contributor whose contributions exceed $200 in an election cycle. Individuals may contribute a maximum of $5,200 – $2,600 for the primary election and $2,600 for the general election. Multi-candidate PACs may give a maximum of $10,000 – $5,000 for the primary election and $5,000 for the general election. Contributions from corporations, foreign nationals, and federal government contractors are prohibited.