Contributions are not tax-deductible. Where permitted all contributions will be deposited in the Conservative Party’s federal account. They will be used in federal and other elections as may be permitted by law. Contributions exceeding the federal limits shall be deposited in the state accounts of the Conservative Party, and are subject to contribution limits of the New York State Election Law. Contributions from Corporations, LLCs and State PACs are accepted and will be deposited in the Conservative Party’s accounts subject to the provisions of the New York State Election Law. PACs are limited to $117,300 in aggregate political contributions. Corporations and LLCs are limited to an aggregate of $5,000 annually. Any amount exceeding PAC limits and all LLC and Corporate contributions will be deposited into Party housekeeping accounts which may receive unlimited contributions. All LLC and Corporate contributions are solicited solely for housekeeping purposes.