Contributions are not tax deductible. Colorado law prohibits candidates and candidate committees from accepting contributions from:
-Corporations (profit or non-profit)
-Foreign citizens, corporations, or governments
-Another candidate committee (local, state, or federal)
-Lobbyists, principals of lobbyists, or political committees who retain a lobbyist, when the General Assembly is in session (applies to member of or candidates for the General Assembly or Executive Office)
-Anonymous contributions of $20 or more
-Limited Liability Companies (LLCs), if any of the LLC members are a:
-Corporation or labor organization
-Natural person who is not a U.S. Citizen
Professional or volunteer lobbyists, or a principal of a lobbyist prohibited from contributing by 1-45-105.5(1), C.R.S.
-LLCs that the IRS treats as corporations, and from LLCs with publicly traded shares
Candidates for governor may accept $575 for the primary AND $575 for the general election from one individual. Contribution limits apply once for the primary election and again for the general election. A wife and husband are two individuals, each with their own limit.