Int. No. 67
By Council Members Matteo, Koo, Ulrich, Palma and Chin (by request of the Staten Island Borough President)
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 two of section 3-703 of the administrative code of the city of New York, as amended by local law 67 for the year 2007, is amended to read as follows:
(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.
§2. This local law shall take effect immediately.
dss
LS 612/2014
Int. 554/2011
2/6/14