Donations made to political groups or candidates must be disclosed under state law for greater transparency in elections. While Congress created the Federal Election Commission to oversee federal elections in 1974, each state is left to regulate its local elections. The Government Accountability Office reviews current campaign finance law and makes recommendations for keeping the laws relevant.
Campaigns must report to the FEC the purpose and payee of all disbursements over $200.
According to the OpenSecrets, the FEC increased contribution limits for the 2024 election cycle. Individual donors can give $3,300 per candidate per election, a $400 increase from $2,900 during the 2022 election cycle.
The contribution limit to national party committees jumped from $36,500 to $41,300 per year for the 2024 election cycle.
| Campaign Committee | Candidate | Amount | City |
|---|---|---|---|
| Friends of Dusty Johnson | Dusty Johnson | $155,171 | Mitchell |
| Friends of John Thune | John R. Thune | $128,270 | Sioux Falls |
| Rounds for Senate | Marion Michael Rounds | $7,525 | Pierre |
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