The New York City Council - File #: Int 0114-2018

• File #: Int 0114-2018
• Version: *
• Name: Campaign finance small contribution matching option.
• Type: Introduction
• Status: Committee
• File created: 1/31/2018
• In control: Committee on Governmental Operations
• On agenda: 1/31/2018
• Title: A Local Law to amend the administrative code of the city of New York, in relation to a campaign finance small contribution matching option
• Sponsors: Brad S. Lander, Justin L. Brannan, Antonio Reynoso, Keith Powers , Bill Perkins

Date	Ver.	Action By	Action	Result
1/31/2018	*	City Council	Referred to Comm by Council
1/31/2018	*	City Council	Introduced by Council

Int. No. 114
By Council Members Lander, Brannan, Reynoso, Powers and Perkins

Title
A Local Law to amend the administrative code of the city of New York, in relation to a campaign finance small contribution matching option
Body

Be it enacted by the Council as follows:
Section 1. Paragraph (a) of subdivision 2 of section 3-705 of the administrative code of the city of New York is amended to read as follows:
2. (a) If the threshold for eligibility is met, the participating candidate's principal committee shall receive payment for qualified campaign expenditures of six dollars for each one dollar of matchable contributions, up to one thousand fifty dollars in public funds per contributor (or up to five hundred twenty-two dollars in public funds per contributor in the case of a special election), obtained and reported to the campaign finance board in accordance with the provisions of this chapter, except as otherwise provided in subdivision eleven of this section.
? 2. Section 3-705 of the administrative code of the city of New York is amended to add a new subdivision 11, to read as follows:
11. Notwithstanding any other provision of this chapter to the contrary, a participating candidate may choose, by filing a written certification with the board, to receive public funds based on a small contribution matching system. If such a small contribution matching system is chosen by a participating candidate then the requirements of this chapter shall apply except for paragraph (f) of subdivision 1 of section 3-703, paragraph (a) of subdivision 2 of this section, and subdivision 3 of section 3-706, which shall instead be substituted as described in this subdivision. The amount of any contribution or contributions received prior to the filing of such certification that are in excess of the limitations of paragraph (a) of this subdivision must be refunded prior to filing and if, after such refunds, such candidate still meets the threshold for eligibility ...