An analysis by the New Jersey Main Street Alliance shows that so-called out-of-state McCutcheon donors — big money elites who donate large sums to multiple candidates — gave $646,936 to New Jersey candidates and party committees last year. Total donations of this type were $843,208.
The term “McCutcheon donors” has grown out of the U.S. Supreme Court case known as McCutcheon v. FEC, which is being heard by the court this week. The case, brought by Shaun McCutcheon, a Republican activist from Alabama, challenges the federal law that limits big-money donors to a single election cycle.
In 2012, that limit was $117,000. To qualify as a McCutcheon donor, someone would have had to give $105,300 or more to federal candidates, party committees, or PACs in 2012.
There were 240 McCutcheon donors who gave to New Jersey candidates or political committees last year. Of them, 224 were from out of state.