File #: Int 0554-2011    Version: * Name: Increasing the minimum thresholds for eligibility for public funding for candidates for city council.
Type: Introduction Status: Filed
Committee: Committee on Governmental Operations
On agenda: 4/28/2011
Enactment date: Law number:
Title: A Local Law to amend the administrative code of the city of New York, in relation to increasing the minimum thresholds for eligibility for public funding for candidates for city council.
Sponsors: James S. Oddo, Vincent Ignizio, Daniel J. Halloran III, Eric A. Ulrich, Peter A. Koo
Council Member Sponsors: 5
Int. No. 554
 
By Council Members Oddo, Ignizio, Halloran, Ulrich and Koo
 
 
A Local Law to amend the administrative code of the city of New York, in relation to increasing the minimum thresholds for eligibility for public funding for candidates for city council.
 
 
Be it enacted by the Council as follows:
      Section 1.  Subparagraph (iv) of paragraph (a) of subdivision (2) of section 3-703 of the administrative code of the city of New York, as amended by local law number 67 of 2007, is amended to read as follows:
2.       (a)      The threshold for eligibility for public funding for participating candidates in a primary or general election, or special election to fill a vacancy, shall be in the case of:
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(iv)      member of the city council, not less than [five] ten thousand dollars in matchable contributions comprised of sums of up to one hundred seventy-five dollars per contributor including at least [seventy-five] one hundred fifty matchable contributions of ten dollars or more from residents of the district in which the seat is to be filled.
ยง2.  This local law shall take effect immediately.
 
SAG
LS# 2254
4.7.11