[Federal Register: February 5, 2007 (Volume 72, Number 23)]
[Notices]
[Page 5294-5296]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr05fe07-56]
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FEDERAL ELECTION COMMISSION
[Notice 2007-2]
Price Index Increases for Expenditure and Contribution
Limitations
AGENCY: Federal Election Commission.
ACTION: Notice of expenditure and contribution limitation increases.
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SUMMARY: As mandated by provisions of the Bipartisan Campaign Reform
Act of 2002 (``BCRA''), the Federal Election Commission (``FEC'' or
``the Commission'') is adjusting certain expenditure and contribution
limitations set forth in the Federal Election Campaign Act of 1971, as
amended (``FECA'' or ``the Act''), to account for increases in the
consumer price index. Additional details appear in the supplemental
information that follows.
EFFECTIVE DATE: The effective date for the limit at 2 U.S.C.
441a(a)(1)(A) is November 8, 2006. The effective date for the limits at
2 U.S.C. 441a(a)(1)(B), 441a(a)(3), 441a(d) and 441a(h) is January 1,
2007.
FOR FURTHER INFORMATION CONTACT: Mr. Gregory J. Scott, Information
Division, 999 E Street, NW., Washington, DC 20463; (202) 694-1100 or
(800) 424-9530.
SUPPLEMENTARY INFORMATION: Under the Federal Election Campaign Act of
1971, 2 U.S.C. 431 et seq., as amended by the Bipartisan Campaign
Reform Act of 2002, \1\ coordinated party expenditure limits (2 U.S.C.
441a(d)(3)(A) and (B)), and certain contribution limits (2 U.S.C.
441a(a)(1)(A) and (B), (a)(3), (d) and (h)), are adjusted either
annually or biennially by the increase in the consumer price index. See
2 U.S.C. 441a(c)(1) and 11 CFR 110.17. The Commission is publishing
this notice to announce these limits for 2007 or the 2007-2008 election
cycle.
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\1\ Public Law 107-155, 116 Stat. 81 (Mar. 27, 2002).
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Coordinated Party Expenditure Limits for 2007
Under 2 U.S.C. 441a(c), the Commission must adjust the expenditure
limitations established by 2 U.S.C. 441a(d) (the limits on expenditures
by national party committees, state party committees, or their
subordinate committees in connection with the general election campaign
of candidates for Federal office) annually to account for inflation.
This expenditure limitation is increased by the percent difference
between the price index, as certified to the Commission by the
Secretary of Labor, for the 12 months preceding the beginning of the
calendar year and the price index for the base period (calendar year
1974).
1. Expenditure Limitation for House of Representatives
Both the national and state party committees have an expenditure
limitation for each general election held to fill a seat in the House
of Representatives. The formula used to calculate the expenditure
limitation in a state with more than one congressional district
multiplies the base figure of $10,000 by the price index (4.089),
rounding to the nearest $100. Based upon this formula, the expenditure
limitation for 2007 House elections in those states is $40,900. The
formula used to calculate the expenditure limitation in a state with
only one congressional district is the greater of: the base figure
($20,000) multiplied by the price index (4.089) (which totals $81,800);
or $0.02 multiplied by the voting age population (``VAP'') of the
state, multiplied by the price index. Amounts are rounded to the
nearest $100. Based upon this formula, the expenditure limitation for
2007 House elections in these states is $81,800. See 2 U.S.C.
441a(d)(3) and 11 CFR 109.32(b).
2. Expenditure Limitation for Senate
Both the national and state party committees have an expenditure
limitation for a general election held to fill a seat in the Senate.
The formula used to calculate the Senate expenditure limitation
considers not only the price index but also the VAP of the state. The
expenditure limitation is the greater of: the base figure ($20,000)
multiplied by the price index (which totals $81,800); or $0.02
multiplied by the VAP of the state, multiplied by the price index.
Amounts are rounded to the nearest $100. See 2 U.S.C. 441a(d)(3) and 11
CFR 109.32(b). The chart below provides the state-by-state breakdown of
the 2007 expenditure limitations for Senate elections.
Senate Expenditure Limitations--2007 Elections
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Expenditure
VAP x .02 limit (the
State VAP (in multiplied by greater of the
thousands) the price index amount in column
(4.089) 3 or $81,800)
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Alabama................................................... 3,485 $285,000 $285,000
Alaska.................................................... 489 40,000 81,800
Arizona................................................... 4,538 371,100 371,100
Arkansas.................................................. 2,120 173,400 173,400
California................................................ 26,925 2,201,900 2,201,900
Colorado.................................................. 3,584 293,100 293,100
Connecticut............................................... 2,687 219,700 219,700
Delaware.................................................. 650 53,200 81,800
Florida................................................... 14,068 1,150,500 1,150,500
Georgia................................................... 6,909 565,000 565,000
Hawaii.................................................... 987 80,700 81,800
Idaho..................................................... 1,072 87,700 87,700
Illinois.................................................. 9,617 786,500 786,500
Indiana................................................... 4,736 387,300 387,300
Iowa...................................................... 2,272 185,800 185,800
Kansas.................................................... 2,068 169,100 169,100
[[Page 5295]]
Kentucky.................................................. 3,207 262,300 262,300
Louisiana................................................. 3,198 261,500 261,500
Maine..................................................... 1,041 85,100 85,100
Maryland.................................................. 4,255 348,000 348,000
Massachusetts............................................. 4,988 407,900 407,900
Michigan.................................................. 7,617 622,900 622,900
Minnesota................................................. 3,910 319,800 319,800
Mississippi............................................... 2,151 175,900 175,900
Missouri.................................................. 4,426 362,000 362,000
Montana................................................... 727 59,500 81,800
Nebraska.................................................. 1,323 108,200 108,200
Nevada.................................................... 1,861 152,200 152,200
New Hampshire............................................. 1,017 83,200 83,200
New Jersey................................................ 6,635 542,600 542,600
New Mexico................................................ 1,446 118,300 118,300
New York.................................................. 14,792 1,209,700 1,209,700
North Carolina............................................ 6,701 548,000 548,000
North Dakota.............................................. 491 40,200 81,800
Ohio...................................................... 8,708 712,100 712,100
Oklahoma.................................................. 2,685 219,600 219,600
Oregon.................................................... 2,844 232,600 232,600
Pennsylvania.............................................. 9,636 788,000 788,000
Rhode Island.............................................. 830 67,900 81,800
South Carolina............................................ 3,282 268,400 268,400
South Dakota.............................................. 587 48,000 81,800
Tennessee................................................. 4,596 375,900 375,900
Texas..................................................... 17,014 1,391,400 1,391,400
Utah...................................................... 1,759 143,900 143,900
Vermont................................................... 491 40,200 81,800
Virginia.................................................. 5,836 477,300 477,300
Washington................................................ 4,870 398,300 398,300
West Virginia............................................. 1,429 116,900 116,900
Wisconsin................................................. 4,244 347,100 347,100
Wyoming................................................... 393 32,100 81,800
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Contribution Limitation Increases for Individuals, Nonmulticandidate
Committees and for Certain Political Party Committees Giving to U.S.
Senate Candidates for 2007-2008 Election Cycle
BCRA amended the Act to extend inflation indexing to: (1) The
limitations on contributions made by persons under 2 U.S.C.
441a(a)(1)(A) (contributions to candidates) and 441a(a)(1)(B)
(contributions to national party committees); (2) the biennial
aggregate contribution limits applicable to individuals under 2 U.S.C.
441a(a)(3); and (3) the limitation on contributions made to U.S. Senate
candidates by certain political party committees at 2 U.S.C. 441a(h)
and 2 U.S.C. 441a(c). These contribution limitations are increased by
multiplying the respective statutory contribution amount by the percent
difference between the price index, as certified to the Commission by
the Secretary of Labor, for the 12 months preceding the beginning of
the calendar year and the price index for the base period (calendar
year 2001). The resulting amount is rounded to the nearest multiple of
$100. See 2 U.S.C. 441a(c) and 11 CFR 110.17(b). The Commission has
calculated the applicable percent difference to be 13.9 percent.
Contribution limitations shall be adjusted accordingly:
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Statutory 2007-2008
Statutory provision amount limitation
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2 U.S.C. 441a(a)(1)(A).............. $2,000 $2,300
2 U.S.C. 441a(a)(1)(B).............. 25,000 28,500
2 U.S.C. 441a(a)(3)(A).............. 37,500 42,700
2 U.S.C. 441a(a)(3)(B).............. 57,500 65,500
2 U.S.C. 441a(h).................... 35,000 39,900
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The increased limitation at 2 U.S.C. 441a(a)(1)(A) is to be in
effect for the 2 year period beginning on the first day following the
date of the general election in the preceding year and ending on the
date of the next regularly scheduled election. Thus the $2,300 figure
above is in effect from November 8, 2006, to November 4, 2008. The
limitations under 2 U.S.C. 441a(a)(1)(B), 441a(a)(3)(A) and (B), and
441a(h), shall be in effect beginning January 1st of the odd-numbered
year and ending on December 31st of the next even-numbered year. Thus
the new contribution limits under 2 U.S.C. 441a(a)(1)(B), 441a(a)(3)(A)
and (B), and 441a(h) are in effect from January 1,
[[Page 5296]]
2007, to December 31, 2008. See 11 CFR 110.17(b)(1).
Dated: January 29, 2007.
Robert D. Lenhard,
Chairman, Federal Election Commission.
[FR Doc. E7-1755 Filed 2-2-07; 8:45 am]
BILLING CODE 6715-01-P