Federal Election Commission.
Notice of expenditure and contribution limitation increases.
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:Start Further Info
FOR FURTHER INFORMATION CONTACT:
Mr. Gregory J. Scott, Information Division, 999 E Street, NW., Washington, DC 20463; (202) 694-1100 or (800) 424-9530.End Further Info End Preamble Start Supplemental 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,  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.
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.
|State||VAP (in thousands)||VAP × .02 multiplied by the price index (4.089)||Expenditure limit (the greater of the amount in column 3 or $81,800)|
|Start Printed Page 5295|
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:
|Statutory provision||Statutory amount||2007-2008 limitation|
|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|
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, Start Printed Page 52962007, to December 31, 2008. See 11 CFR 110.17(b)(1).Start Signature
Dated: January 29, 2007.
Robert D. Lenhard,
Chairman, Federal Election Commission.
[FR Doc. E7-1755 Filed 2-2-07; 8:45 am]
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