Amendments and clarifications of CFB Rules
Proposed Rules: Closed to Comments
Statement of Basis and Purpose of Proposed Rules The Campaign Finance Board (“CFB” or “the Board”) is a nonpartisan, independent City agency that empowers New Yorkers to make a greater impact in elections. The CFB administers the City’s campaign finance system and oversees and enforces the regulations related to campaign financing, and holds candidates accountable for using public funds responsibly. The CFB publishes detailed public information about money raised and spent in City elections by candidates and independent spenders, and engages and educates voters through community outreach, the Voter Guide, and the Debate Program. The CFB is proposing amendments to several of its rules regarding: • contributions, • expenditures, • documentation, • reporting and disclosure, • repayment of public funds, • candidate registration and certification, • deductions from public funds payments, • the video and print Voter Guides, • transition and inauguration entities, and • disclosure and identification of independent expenditures. The proposed rule clarifies the provisions of certain rules, enacts substantive policy changes to enable the CFB to enforce the Campaign Finance Act (“Act”) more effectively, and minimizes administrative burdens faced by campaigns. The proposed rule will, among other things: • eliminate the requirement that campaigns maintain a unique merchant account for accepting credit card contributions, • reduce the effect on public funds payments of making payments for expenditures not directly in furtherance of the current campaign, • streamline the affirmation statements for contribution cards, • clarify the application of the spending limits, and • reduce the administrative burdens faced by small campaigns.