89 FR 19 pgs. 5534-5536 - Price Index Adjustments for Expenditure Limitations and Lobbyist Bundling Disclosure Threshold
Type: NOTICEVolume: 89Number: 19Pages: 5534 - 5536
Pages: 5534, 5535, 5536Docket number: [NOTICE 2024–03]
FR document: [FR Doc. 2024–01623 Filed 1–26–24; 8:45 am]
Agency: Federal Election Commission
Official PDF Version: PDF Version
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FEDERAL ELECTION COMMISSION
[NOTICE 2024-03]
Price Index Adjustments for Expenditure Limitations and Lobbyist Bundling Disclosure Threshold
AGENCY:
Federal Election Commission.
ACTION:
Notice of adjustments to expenditure limitations and lobbyist bundling disclosure threshold.
SUMMARY:
As mandated by provisions of the Federal Election Campaign Act ("the Act"), the Federal Election Commission ("the Commission") is adjusting certain expenditure limitations and the lobbyist bundling disclosure threshold set forth in the Act, to index the amounts for inflation. Additional details appear in the supplemental information that follows.
DATES:
The new limitations apply beginning on January 1, 2024.
ADDRESSES:
1050 First Street NE, Washington, DC 20463.
FOR FURTHER INFORMATION CONTACT:
Ms. Elizabeth S. Kurland, Information Division, (202) 694-1100 or (800) 424-9530, info@fec.gov.
SUPPLEMENTARY INFORMATION:
Under the Federal Election Campaign Act, 52 U.S.C. 30101-45, coordinated party expenditure limits (52 U.S.C. 30116(d)(2)-(3)) and the disclosure threshold for contributions bundled by lobbyists (52 U.S.C. 30104(i)(3)(A)) are adjusted periodically to reflect changes in the consumer price index. See 52 U.S.C. 30104(i)(3)(B), 30116(c); 11 CFR 109.32(a)(2), (b)(3), 110.17(a), (f). The Commission is publishing this notice to announce the adjusted limits and disclosure threshold for 2024.
Coordinated Party Expenditure Limits for 2024
Under 52 U.S.C. 30116(c), the Commission must adjust the expenditure limitations established by 52 U.S.C. 30116(d) (the limits on expenditures by national party committees, state party committees, or their subordinate committees in connection with the general election campaign of candidates for Federal office) annually to account for inflation. This expenditure limitation is increased by the percent difference between the price index, as certified to the Commission by the Secretary of Labor, for the 12 months preceding the beginning of the calendar year and the price index for the base period (calendar year 1974). 52 U.S.C. 30116(c)(1)(B)(i), (2)(B)(i).
1. Expenditure Limitation for House of Representatives in States With More Than One Congressional District
Both the national and state party committees have an expenditure limitation for each general election held to fill a seat in the House of Representatives in states with more than one congressional district. See 52 U.S.C. 30116(d)(3)(B). This limitation also applies to the District of Columbia and territories that elect individuals to the office of Delegate or Resident Commissioner. 1 Id. The formula used to calculate the expenditure limitation in such states and territories multiplies the base figure of $10,000 by the difference in the price index (6.17976), rounding to the nearest $100. See 52 U.S.C. 30116(c)(1)(B), (d)(3)(B); 11 CFR 109.32(b), 110.17. Based upon this formula, the expenditure limitation for 2024 general elections for House candidates in these states, districts, and territories is $61,800.
Footnotes:
1 ?Currently, these are Puerto Rico, American Samoa, Guam, the United States Virgin Islands and the Northern Mariana Islands. See http://www.house.gov/representatives.
2. Expenditure Limitation for Senate and for House of Representatives in States With Only One Congressional District
[top] Both the national and state party committees have an expenditure limitation for a general election held to fill a seat in the Senate or in the House of Representatives in states with only one congressional district. See 52 U.S.C. 30116(d)(3)(A). The formula used to calculate this expenditure limitation considers not only the price index but also the voting age population ("VAP") of the state. Id. The VAP figures used to calculate the expenditure limitations were certified by the U.S. Census Bureau. The VAP of each state is also published annually in the Federal Register by the U.S. Department of Commerce. 11 CFR 110.18. The general election expenditure limitation is the
Footnotes:
2 ?Currently, these states are: Alaska, Delaware, North Dakota, South Dakota, Vermont and Wyoming. See http://www.house.gov/representatives/.
3 ?This expenditure limit does not apply to the District of Columbia, Puerto Rico, American Samoa, Guam, the United States Virgin Islands, and the Northern Mariana Islands because those jurisdictions do not elect Senators. See 52 U.S.C. 30116(d)(3)(A); 11 CFR 109.32(b)(2)(i).
| State | Voting age population (VAP) | VAP × .02 × the price index (6.17976) | Senate expenditure limit (the greater of the amount in column 3 or $123,600) |
|---|---|---|---|
| Alabama | 3,977,628 | $491,600 | $491,600 |
| Alaska | 557,899 | 69,000 | 123,600 |
| Arizona | 5,848,310 | 722,800 | 722,800 |
| Arkansas | 2,362,124 | 291,900 | 291,900 |
| California | 30,519,524 | 3,772,100 | 3,772,100 |
| Colorado | 4,662,926 | 576,300 | 576,300 |
| Connecticut | 2,894,190 | 357,700 | 357,700 |
| Delaware | 819,952 | 101,300 | 123,600 |
| Florida | 18,229,883 | 2,253,100 | 2,253,100 |
| Georgia | 8,490,546 | 1,049,400 | 1,049,400 |
| Hawaii | 1,141,525 | 141,100 | 141,100 |
| Idaho | 1,497,384 | 185,100 | 185,100 |
| Illinois | 9,844,167 | 1,216,700 | 1,216,700 |
| Indiana | 5,274,945 | 652,000 | 652,000 |
| Iowa | 2,476,882 | 306,100 | 306,100 |
| Kansas | 2,246,209 | 277,600 | 277,600 |
| Kentucky | 3,509,259 | 433,700 | 433,700 |
| Louisiana | 3,506,600 | 433,400 | 433,400 |
| Maine | 1,146,670 | 141,700 | 141,700 |
| Maryland | 4,818,337 | 595,500 | 595,500 |
| Massachusetts | 5,659,598 | 699,500 | 699,500 |
| Michigan | 7,925,350 | 979,500 | 979,500 |
| Minnesota | 4,436,981 | 548,400 | 548,400 |
| Mississippi | 2,259,864 | 279,300 | 279,300 |
| Missouri | 4,821,686 | 595,900 | 595,900 |
| Montana | 897,161 | 110,900 | 123,600 |
| Nebraska | 1,497,381 | 185,100 | 185,100 |
| Nevada | 2,508,220 | 310,000 | 310,000 |
| New Hampshire | 1,150,004 | 142,100 | 142,100 |
| New Jersey | 7,280,551 | 899,800 | 899,800 |
| New Mexico | 1,663,024 | 205,500 | 205,500 |
| New York | 15,611,308 | 1,929,500 | 1,929,500 |
| North Carolina | 8,498,868 | 1,050,400 | 1,050,400 |
| North Dakota | 599,192 | 74,100 | 123,600 |
| Ohio | 9,207,681 | 1,138,000 | 1,138,000 |
| Oklahoma | 3,087,217 | 381,600 | 381,600 |
| Oregon | 3,401,528 | 420,400 | 420,400 |
| Pennsylvania | 10,332,678 | 1,277,100 | 1,277,100 |
| Rhode Island | 892,124 | 110,300 | 123,600 |
| South Carolina | 4,229,354 | 522,700 | 522,700 |
| South Dakota | 697,420 | 86,200 | 123,600 |
| Tennessee | 5,555,761 | 686,700 | 686,700 |
| Texas | 22,942,176 | 2,835,500 | 2,835,500 |
| Utah | 2,484,582 | 307,100 | 307,100 |
| Vermont | 532,828 | 65,900 | 123,600 |
| Virginia | 6,834,154 | 844,700 | 844,700 |
| Washington | 6,164,810 | 761,900 | 761,900 |
| West Virginia | 1,417,859 | 175,200 | 175,200 |
| Wisconsin | 4,661,826 | 576,200 | 576,200 |
| Wyoming | 454,508 | 56,200 | 123,600 |
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3. Expenditure Limitation for President
The national party committees have an expenditure limitation for their general election nominee for President. 52 U.S.C. 30116(d)(2). The formula used to calculate the Presidential expenditure limitation considers not only the price index but also the total VAP of the United States. Id. The VAP figure used to calculate the expenditure limitation was certified by the U.S. Census Bureau. The VAP of the United States is also published annually in the Federal Register by the U.S. Department of Commerce. 11 CFR 110.18. The formula used to calculate this expenditure limitation is $0.02 multiplied by the total VAP of the United States (262,083,034), multiplied by the difference in the price index, 6.17976. See 52 U.S.C. 30116(c)(1)(B), (d)(2); 11 CFR 109.32(a)(2), 110.17. Amounts are rounded to the nearest $100. 52 U.S.C. 30116(c)(1)(B)(iii); 11 CFR 109.32(a)(2), 110.17(c). Based upon this formula, the expenditure limitation for 2024 Presidential nominees is $32,392,200.
Limitations on Contributions by Individuals, Non-Multicandidate Committees and Certain Political Party Committees Giving to U.S. Senate Candidates for the 2023-2024 Election Cycle
For the convenience of the readers, the Commission is also republishing the contribution limitations for individuals, non-multicandidate committees and for certain political party committees giving to U.S. Senate candidates and national party committees for the 2023-2024 election cycle:
| Statutory provision | Statutory amount | 2023-2024 limit |
|---|---|---|
| 52 U.S.C. 30116(a)(1)(A) | $2,000 | $3,300 |
| 52 U.S.C. 30116(a)(1)(B) | 25,000 | 41,300 |
| 52 U.S.C. 30116(h) | 35,000 | 57,800 |
Lobbyist Bundling Disclosure Threshold for 2024
The Act requires certain political committees to disclose contributions bundled by lobbyists/registrants and lobbyist/registrant political action committees once the contributions exceed a specified threshold amount. 52 U.S.C. 30104(i)(1), (i)(3)(A). The Commission must adjust this threshold amount annually to account for inflation. 52 U.S.C. 30104(i)(3)(B). The disclosure threshold is increased by multiplying the $15,000 statutory disclosure threshold by 1.51143, the difference between the price index, as certified to the Commission by the Secretary of Labor, for the 12 months preceding the beginning of the calendar year and the price index for the base period (calendar year 2006). See 52 U.S.C. 30104(i)(3), 30116(c)(1)(B); 11 CFR 104.22(g). The resulting amount is rounded to the nearest multiple of $100. 52 U.S.C. 30104(i)(3)(B), 30116(c)(1)(B)(iii); 11 CFR 104.22(g)(4). Based upon this formula ($15,000 × 1.51143), the lobbyist bundling disclosure threshold for calendar year 2024 is $22,700.
On behalf of the Commission.
Dated: January 23, 2024.
Sean J. Cooksey,
Chairman, Federal Election Commission.
[FR Doc. 2024-01623 Filed 1-26-24; 8:45 am]
BILLING CODE 6715-01-P