Washington (CNN)—The Democratic National Committee will not accept corporate contributions or donations from lobbyists to help fund the 2012 Democratic National Convention, a committee spokesman said on late Friday afternoon.
An excerpt of the contract with the Charlotte, North Carolina host committee provided to CNN reveals that the DNC required a ban corporate cash as well as contributions from political action committees and lobbyists.
Emphasizing the importance of grassroots donations, the DNC expressed an eagerness to involve “people from all over the country” during the three-day convention that closes with the Democratic nomination for president.
DNC Communication Director Brad Woodhouse said, “From the very beginning, President Obama has placed a high priority on increasing the influence of grassroots and individual donors, and this convention will go further in that direction than any convention ever.”
Under the contract, the host committee, made up of prominent Charlotte business leaders, agreed to prohibit lobbyists from serving on the host committee, ban contributions from political action committees (unless approved in advance by the DNCC) or “monetary or in-kind contributions from individuals registered as federal lobbyists,” “monetary contributions from any incorporated for-profit entity,” “monetary contributions in excess of $100,000 from any individual,” and “any contribution whatsoever from any individual who is neither a U.S. citizen nor a legal permanent resident of the U.S” among other provisions.