Int. No. 518
By Council Member Lancman
Title
A Local Law to amend the administrative code of the city of New York, in relation to funding a participant in the campaign finance matching program who does not qualify for the full match with at least as many public dollars as an opponent who does so qualify
Body
Be it enacted by the Council as follows:
Section 1. Subdivision 7 of section 3-705 of the administrative code of the city of New York is amended to read as follows:
7. Notwithstanding any provision of this section to the contrary, the amount of public funds payable a participating candidate on the ballot in any covered election shall not exceed one quarter of the maximum public funds payment otherwise applicable under subdivision two of this section, unless:
(a) [the participating candidate is opposed by a candidate and the board has determined that such other candidate and his or her authorized committees have spent or contracted or have obligated to spend, or received in loans or contributions, or both, an amount which, in the aggregate, exceeds one-fifth of the applicable expenditure limit for such office fixed by subdivision one of section 3-706 of this chapter for participating candidates; or
(b)] the participating candidate has submitted a certified signed statement attesting to the need and stating the reason for additional public funds in such election, in which case the board shall publish such statement at the time such additional public funds are paid, including on the board's internet website. Such statement must certify that (i) one or more of the following conditions apply and (ii) such condition or conditions reasonably demonstrate the need for such public funds, and the participating candidate must provide documentation demonstrating the existence of such condition or conditions:
(1) the participating candidate is opposed by (i) a non-participating candidate or (ii) a limited participating candidate, and prov...
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