Increasing expenditure limits in response to independent expenditures exceeding certain thresholds.

A Local Law to amend the administrative code of the city of New York, in relation to increasing expenditure limits in response to independent expenditures exceeding certain thresholds

This bill would offer expenditure limit relief to candidates participating in the City’s campaign finance program if they face high-spending independent spenders. Under the bill, when independent expenditures equal 50 percent of the expenditure limit in a particular election, the expenditure limit for all candidates in that election would increase by 50 percent. When independent expenditures equal 300 percent of the expenditure limit in a particular election, the expenditure limit for all candidates in that election would be lifted completely.