A husband and wife each have separate contribution limits, even if only one spouse has an income. For example, a couple may contribute a $10,000 check to the PAC as long as both sign the check (or include an attached statement).
Foreign nationals may not make contributions in connection with any election--Federal, State or local. This prohibition does not apply to foreign citizens who are lawfully admitted for permanent residence in the United States (those who have "green cards".)
Federal Government Contractors
Federal government contractors may not make contributions to influence Federal elections. For example, if you are a consultant under contract to a Federal agency, you may not contribute to Federal candidates or political committees. Or, if you are the sole proprietor of a business with a Federal government contract, you may not make contributions from personal or business funds. But, if you are merely employed by a company (or partnership) with Federal government contracts, you are permitted to make contributions from your personal funds.
Corporations and Unions
The law also prohibits contributions from corporations and labor unions. This prohibition applies to any incorporated organization, profit or nonprofit. For example, the owner of an incorporated "mom and pop" grocery store is not permitted to use a business account to make contributions. Instead, the owner would have to use a personal account. A corporate employee may make contributions through a non repayable corporate drawing account, which allows the individual to draw personal funds against salary, profits or other compensation.
Contributions in the Name of Another
Contributions made in the name of another are prohibited. For example, an individual who has already contributed up to the limit for a candidate's election may not give money to another person to make a contribution to the same candidate. Similarly, a corporation is prohibited from using bonuses or other methods of reimbursing employees for their contributions.
Finally, contributions that exceed the law's limits are prohibited.
Federal law requires the PAC to make best efforts to report the name, occupation, employer, email and physical address of individuals who contribute $200 or more per calendar year.
Please make your check payable to:
Gold & Silver PAC
And send to:
Gold & Silver PAC
Post Office Box 805
Woodland Hills, California 91367-0805
The purpose of the Gold & Silver PAC is to identify, support and endorse candidates who understand the important issues that affect our community and oppose those who don't. Paid for and authorized by the Gold and Silver PAC. Not authorized by any candidate or candidate’s committee.