Jared Polis Triggers “Millionaire Amendment” in 2nd District Race

By: AP Email
By: AP Email

Denver (AP) A personal contribution of $50,000 has opened the door for triple contributions for at least one candidate in what's become one of the most expensive congressional races in the country.

Entrepreneur Jared Polis notified his democratic rivals in the 2nd congressional district Tuesday that he tripped a threshold in campaign finance law governing personally financed campaigns.

Polis has now given his own campaign just over $398,000.

The move triggers an advantage for fellow candidate Will Shafroth under the 2002 law known as the “millionaire's amendment,” aimed at leveling the playing field for candidates with less personal wealth.

Shafroth will now be able to accept $6,900 from any person, rather than the usual $2,300 limit.

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