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2024 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Simon
HB 1045: Public Campaigns Program and Fund established

Item 77 #6h

Item 77 #6h

First Year - FY2025 Second Year - FY2026
Administration
Department of Elections FY2025 $1,000,000 FY2026 $1,000,000 GF

Language
Page 77, line 2, strike "$22,016,957" and insert "$23,016,957".
Page 77, line 2, strike "$22,029,363" and insert "$23,029,363".

Page 77, after line 43 insert:

"F. Out of this appropriation, $1,000,000 the first year $1,000,000 the second year from the general fund is provided to capitalize the Public Campaigns Fund and cover any administrative costs for the department."



Explanation

(This amendment provides $1,000,000 in each year from the general fund to capitalize the Public Campaign Fund, which provides matching funds of public money to participating candidates receiving qualified small-dollar contributions of less than $250. The bill creates a voluntary option for taxpayers to contribute the Fund. This is a placeholder amendment until a final fiscal impact statement is produced.)