New York Optional Public Financing.
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§ 3-705 Optional public financing. Each participating candidate for
nomination for election or election in a covered election may obtain
payment to his or her principal committee from public funds for
qualified campaign expenditures, in accordance with the provisions of
this chapter, and subject to appropriation.
1. No such public funds shall be paid to a principal committee unless
the board determines that the participating candidate has met the
eligibility requirements of this chapter. Payment shall not exceed the
amounts specified in this chapter, and shall be made only in accordance
with the provisions of this chapter. Such payment may be made only to
the participating candidate's principal committee. No public funds shall
be used except as reimbursement or payment for qualified campaign
expenditures actually and lawfully incurred or to repay loans used to
pay qualified campaign expenditures.
2. (a) If the threshold for eligibility is met, the participating
candidate's principal committee shall receive payment for qualified
campaign expenditures of four dollars for each one dollar of matchable
contributions, up to one thousand dollars in public funds per
contributor (or up to five hundred dollars in public funds per
contributor in the case of a special election), obtained and reported to
the campaign finance board in accordance with the provisions of this
chapter.
(b) Except as otherwise provided in subdivision three of section
3-706, in no case shall the principal committee of a participating
candidate receive public funds pursuant to paragraph (a) above in excess
of an amount equal to fifty-five percent of the expenditure limitation
provided in subdivision one of section 3-706 for the office for which
such candidate seeks nomination for election or election.
(c) No funds shall be provided pursuant to this subdivision with
respect to any covered election specified in subdivision five of this
section.
3. A participating candidate seeking or obtaining nomination for
election by more than one party shall be deemed one candidate, and shall
not receive additional public funds or be authorized to accept
contributions in excess of the maximum contribution applicable pursuant
to paragraph (f) of subdivision one of section 3-703 or make additional
expenditures by reason of such candidate seeking or obtaining nomination
for election by more than one party. Subdivision five of section 3-703
shall not be applicable to such a candidate who is opposed for the
nomination of at least one party in a primary election. The elimination
of the expenditure limitations and qualification for additional matching
funds provided in subdivision three of section 3-706 shall not be
applicable to such a candidate who is opposed for the nomination of at
least one party solely by participating candidates.
4. The campaign finance board shall make possible payment within four
business days after receipt of reports of matchable contributions, or as
soon thereafter as is practicable, but not earlier than the earliest
dates for making such payments as provided in subdivisions five and six
of section 3-709; provided, however, that the board shall withhold up to
five percent of all public funds payments to participating candidates
until the final pre-election payment for any given election.
5. (a) Notwithstanding any other provision of this chapter, a
participating candidate in a run-off primary election held pursuant to
section 6-162 of the New York state election law or a run-off special
election to fill a vacancy shall obtain prompt payment for qualified
campaign expenditures in an amount equal to twenty-five cents for each
one dollar of public funds paid pursuant to this chapter to the
candidate's principal committee for the preceding election.
(b) The board shall promulgate rules to provide for the prompt
issuance of additional public funds to eligible participating candidates
for qualified campaign expenditures in the case of an additional day for
voting held pursuant to section 3-108 of the New York state election
law, an election held pursuant to court order, or a delayed or otherwise
postponed election.
(c) Except as provided for by this subdivision and any rules
promulgated hereby, no public funds shall be provided to any candidate
for any run-off primary election, run-off special election to fill a
vacancy, additional day for voting, election held pursuant to court
order, or delayed or otherwise postponed election.
6. Notwithstanding any other provision of this chapter to the
contrary, to protect the public fund from disproportionately large
payments when the number of voters eligible to vote in a primary
election is small, the board shall adopt rules setting a reduced maximum
primary election public funds payment for participating candidates on
the ballot in one or more primary elections in which the number of
persons eligible to vote for party nominees total fewer than such number
as shall be specified by the board in such rules, if any. Any such rules
shall not apply to participating candidates opposed in a primary
election by one or more participating candidates who are not subject to
such reduced maximum primary election public funds payment or by a
non-participating candidate who makes expenditures in excess of a
specified amount for such primary election, as determined by the board.
7. Notwithstanding any provision of this section to the contrary, the
amount of public funds payable to 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 another participating
candidate who has qualified to receive public funds in such election; or
(b) 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
(c) the participating candidate has submitted a 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.
If any of the conditions described in paragraph (a), (b) or (c) occur
in such election, the board shall pay any and all additional public
funds due to the participating candidate up to the maximum total payment
applicable in such election under subdivisions two or six of this
section or subdivision three of section 3-706 of this chapter.
8. Contributions by a principal committee of a participating candidate
to other political committees shall not be a basis for reducing public
funds payments, provided that: (a) such principal committee has received
contributions (other than matchable contributions) that, in the
aggregate, exceed the total of such contributions to other political
committees and (b) such contributions in the aggregate do not exceed:
(i) three thousand dollars, if such principal committee is the
principal committee of a participating candidate seeking nomination for
election or election to the office of member of the city council;
(ii) five thousand dollars, if such principal committee is the
principal committee of a participating candidate seeking nomination for
election or election to the office of borough president; and
(iii) ten thousand dollars, if such principal committee is the
principal committee of a participating candidate seeking nomination for
election or election to a city-wide office.