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

Summary

This bill would increase expenditure limits for candidates participating in the City’s campaign finance program if independent expenditures in an election exceed certain levels. Under the bill, when independent expenditures exceed 50 percent of the expenditure limit in a covered election, the expenditure limit for all candidates in that election would increase by 50 percent. When independent expenditures exceed 100 percent of the expenditure limit in a covered election, the expenditure limit for all candidates in that election would be lifted completely.

Official summary of legislation · NYC Council