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      FEC Record: Public funding
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      Commission certifies funds for O'Malley (January 2016)

FEC Record: Public fundingCommission certifies funds for O'Malley (January 2016)January 22, 2016 On January 20, 2016, the Commission certified $846,365.09 in federal matching funds to presidential candidate Martin J. O’Malley for the 2016 primary election. O’Malley is seeking the Democratic nomination for president. The certified amount was in response
    to the first regular submission for matching funds made by the O’Malley campaign. In November, O’Malley became the first 2016 presidential candidate to be declared eligible by the Commission to receive federal matching funds. Based on his initial threshold submission, the Commission requested that the United States Treasury make an
    initial payment of $100,000 to O’Malley’s campaign. The United States Treasury transferred the initial payment on January 4, 2016. The Commission will now ask the Treasury to make an additional payment of $846,365.09 to O’Malley for President.[FN1] To become eligible for matching funds, candidates must raise a threshold amount of $100,000 by collecting $5,000 in 20 different states. Although an individual may contribute up to $2,700 to a primary candidate in the current election cycle, only a maximum
    of $250 per individual is matched with funds from the Presidential Election Campaign Fund. Other requirements to be declared eligible include agreeing to an overall spending limit, abiding by spending limits in each state, using public funds only for legitimate campaign-related expenses, keeping financial records and permitting an audit of
    campaign financial activity. *1 Following the tally vote completed today, the Commission will request the Treasury to make a payment of $846,365.09 to O’Malley for President.* **Resources:** FEC press release
    Brochure: *Public Funding of Presidential Elections*
    Brochure:*The $3 Tax Checkoff*
    Press Office backgrounder on Presidential Election Campaign Fund
    2016 presidential matching fund submissions
 Author
          Alex  Knott


Read next: FEC to host February 24 webinar for party committees (2016)
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This information is not intended to replace the law or to change its meaning, nor does this information create or confer any rights for or on any person or bind the Federal Election Commission or the public. The reader is encouraged also to consult the Federal Election Campaign Act of 1971, as amended (52 U.S.C. 30101 et seq.), Commission regulations (Title 11 of the Code of Federal Regulations), Commission advisory opinions and applicable court decisions.


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