The NEFI Greener Heating Fuels PAC may accept contributions from partnerships (or LLCs that are treated as partnerships for tax purposes), even if they only have one natural person member. Federal law requires such contributions to count against each participating partner’s $5,000 annual limit. The partnership is also subjected to an overall $5,000 annual limit.
Here are step-by-step instructions:
As with standard individual contributions to the PAC, contributions from partnerships and qualifying LLCs are completely voluntary. You may refuse to contribute without fear of reprisal. NEFI does not favor or disadvantage any member by reason of the amount of their contribution or the decision not to contribute. Partnerships and LLCs may not allocate any portion of a contribution to a partner or member who is a foreign national. Similarly, federal law prohibits foreign nationals from participating directly or indirectly in the partnership or LLC’s decision to contribute. Contributions from corporate partners are prohibited (i.e., all contributing partners must be natural persons). A partnership or LLC which is negotiating a contract with the federal government or which has not completed performance of such a contract is prohibited from making a contribution. Full guidance from the Federal Election Commission (FEC) on partnership and LLC contributions can be found online here. For more information contact us.
If you would like to make a personal contribution instead of a partnership or LLC contribution, click here