Price Index Increases for Expenditure and Contribution Limitations, 5294-5296 [E7-1755]

Download as PDF 5294 Federal Register / Vol. 72, No. 23 / Monday, February 5, 2007 / Notices Federal Deposit Insurance Corporation. Valerie J. Best, Assistant Executive Secretary. [FR Doc. E7–1853 Filed 2–2–07; 8:45 am] Under the Federal Election Campaign Act of 1971, 2 U.S.C. 431 et seq., as amended by the Bipartisan Campaign Reform Act of 2002, 1 coordinated party expenditure limits (2 U.S.C. 441a(d)(3)(A) and (B)), and certain contribution limits (2 U.S.C. 441a(a)(1)(A) and (B), (a)(3), (d) and (h)), are adjusted either annually or biennially by the increase in the consumer price index. See 2 U.S.C. 441a(c)(1) and 11 CFR 110.17. The Commission is publishing this notice to announce these limits for 2007 or the 2007–2008 election cycle. SUPPLEMENTARY INFORMATION: BILLING CODE 6714–01–P FEDERAL ELECTION COMMISSION [Notice 2007–2] Price Index Increases for Expenditure and Contribution Limitations Federal Election Commission. Notice of expenditure and contribution limitation increases. AGENCY: ACTION: Coordinated Party Expenditure Limits for 2007 SUMMARY: As mandated by provisions of the Bipartisan Campaign Reform Act of 2002 (‘‘BCRA’’), the Federal Election Commission (‘‘FEC’’ or ‘‘the Commission’’) is adjusting certain expenditure and contribution limitations set forth in the Federal Election Campaign Act of 1971, as amended (‘‘FECA’’ or ‘‘the Act’’), to account for increases in the consumer price index. Additional details appear in the supplemental information that follows. Under 2 U.S.C. 441a(c), the Commission must adjust the expenditure limitations established by 2 U.S.C. 441a(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). The effective date for the limit at 2 U.S.C. 441a(a)(1)(A) is November 8, 2006. The effective date for the limits at 2 U.S.C. 441a(a)(1)(B), 441a(a)(3), 441a(d) and 441a(h) is January 1, 2007. FOR FURTHER INFORMATION CONTACT: Mr. Gregory J. Scott, Information Division, 999 E Street, NW., Washington, DC 20463; (202) 694–1100 or (800) 424– 9530. EFFECTIVE DATE: 1. Expenditure Limitation for House of Representatives 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. The formula used to calculate the expenditure limitation in a state with more than one congressional district multiplies the base figure of $10,000 by the price index (4.089), rounding to the nearest $100. Based upon this formula, the expenditure limitation for 2007 House elections in those states is $40,900. The formula used to calculate the expenditure limitation in a state with only one congressional district is the greater of: the base figure ($20,000) multiplied by the price index (4.089) (which totals $81,800); or $0.02 multiplied by the voting age population (‘‘VAP’’) of the state, multiplied by the price index. Amounts are rounded to the nearest $100. Based upon this formula, the expenditure limitation for 2007 House elections in these states is $81,800. See 2 U.S.C. 441a(d)(3) and 11 CFR 109.32(b). 2. Expenditure Limitation for Senate Both the national and state party committees have an expenditure limitation for a general election held to fill a seat in the Senate. The formula used to calculate the Senate expenditure limitation considers not only the price index but also the VAP of the state. The expenditure limitation is the greater of: the base figure ($20,000) multiplied by the price index (which totals $81,800); or $0.02 multiplied by the VAP of the state, multiplied by the price index. Amounts are rounded to the nearest $100. See 2 U.S.C. 441a(d)(3) and 11 CFR 109.32(b). The chart below provides the state-by-state breakdown of the 2007 expenditure limitations for Senate elections. SENATE EXPENDITURE LIMITATIONS—2007 ELECTIONS VAP (in thousands) mstockstill on PROD1PC66 with NOTICES State Alabama ........................................................................................................................... Alaska .............................................................................................................................. Arizona ............................................................................................................................. Arkansas .......................................................................................................................... California .......................................................................................................................... Colorado .......................................................................................................................... Connecticut ...................................................................................................................... Delaware .......................................................................................................................... Florida .............................................................................................................................. Georgia ............................................................................................................................ Hawaii .............................................................................................................................. Idaho ................................................................................................................................ Illinois ............................................................................................................................... Indiana ............................................................................................................................. Iowa ................................................................................................................................. Kansas ............................................................................................................................. VAP × .02 multiplied by the price index (4.089) Expenditure limit (the greater of the amount in column 3 or $81,800) $285,000 40,000 371,100 173,400 2,201,900 293,100 219,700 53,200 1,150,500 565,000 80,700 87,700 786,500 387,300 185,800 169,100 $285,000 81,800 371,100 173,400 2,201,900 293,100 219,700 81,800 1,150,500 565,000 81,800 87,700 786,500 387,300 185,800 169,100 3,485 489 4,538 2,120 26,925 3,584 2,687 650 14,068 6,909 987 1,072 9,617 4,736 2,272 2,068 1 Public Law 107–155, 116 Stat. 81 (Mar. 27, 2002). VerDate Aug<31>2005 15:07 Feb 02, 2007 Jkt 211001 PO 00000 Frm 00037 Fmt 4703 Sfmt 4703 E:\FR\FM\05FEN1.SGM 05FEN1 5295 Federal Register / Vol. 72, No. 23 / Monday, February 5, 2007 / Notices SENATE EXPENDITURE LIMITATIONS—2007 ELECTIONS—Continued VAP (in thousands) State Kentucky .......................................................................................................................... Louisiana .......................................................................................................................... Maine ............................................................................................................................... Maryland .......................................................................................................................... Massachusetts ................................................................................................................. Michigan ........................................................................................................................... Minnesota ........................................................................................................................ Mississippi ........................................................................................................................ Missouri ............................................................................................................................ Montana ........................................................................................................................... Nebraska .......................................................................................................................... Nevada ............................................................................................................................. New Hampshire ............................................................................................................... New Jersey ...................................................................................................................... New Mexico ..................................................................................................................... New York ......................................................................................................................... North Carolina .................................................................................................................. North Dakota .................................................................................................................... Ohio ................................................................................................................................. Oklahoma ......................................................................................................................... Oregon ............................................................................................................................. Pennsylvania .................................................................................................................... Rhode Island .................................................................................................................... South Carolina ................................................................................................................. South Dakota ................................................................................................................... Tennessee ....................................................................................................................... Texas ............................................................................................................................... Utah ................................................................................................................................. Vermont ........................................................................................................................... Virginia ............................................................................................................................. Washington ...................................................................................................................... West Virginia .................................................................................................................... Wisconsin ......................................................................................................................... Wyoming .......................................................................................................................... Contribution Limitation Increases for Individuals, Nonmulticandidate Committees and for Certain Political Party Committees Giving to U.S. Senate Candidates for 2007–2008 Election Cycle BCRA amended the Act to extend inflation indexing to: (1) The limitations on contributions made by persons under 2 U.S.C. 441a(a)(1)(A) (contributions to candidates) and 441a(a)(1)(B) (contributions to national party committees); (2) the biennial aggregate contribution limits applicable to individuals under 2 U.S.C. 441a(a)(3); and (3) the limitation on contributions made to U.S. Senate candidates by certain political party committees at 2 U.S.C. 441a(h) and 2 U.S.C. 441a(c). These contribution limitations are increased by multiplying the respective statutory contribution amount by the percent difference between the price mstockstill on PROD1PC66 with NOTICES U.S.C. U.S.C. U.S.C. U.S.C. U.S.C. Expenditure limit (the greater of the amount in column 3 or $81,800) 262,300 261,500 85,100 348,000 407,900 622,900 319,800 175,900 362,000 59,500 108,200 152,200 83,200 542,600 118,300 1,209,700 548,000 40,200 712,100 219,600 232,600 788,000 67,900 268,400 48,000 375,900 1,391,400 143,900 40,200 477,300 398,300 116,900 347,100 32,100 262,300 261,500 85,100 348,000 407,900 622,900 319,800 175,900 362,000 81,800 108,200 152,200 83,200 542,600 118,300 1,209,700 548,000 81,800 712,100 219,600 232,600 788,000 81,800 268,400 81,800 375,900 1,391,400 143,900 81,800 477,300 398,300 116,900 347,100 81,800 3,207 3,198 1,041 4,255 4,988 7,617 3,910 2,151 4,426 727 1,323 1,861 1,017 6,635 1,446 14,792 6,701 491 8,708 2,685 2,844 9,636 830 3,282 587 4,596 17,014 1,759 491 5,836 4,870 1,429 4,244 393 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 2001). The resulting amount is rounded to the nearest multiple of $100. See 2 U.S.C. 441a(c) and 11 CFR 110.17(b). The Commission has calculated the applicable percent difference to be 13.9 percent. Contribution limitations shall be adjusted accordingly: Statutory amount Statutory provision 2 2 2 2 2 VAP × .02 multiplied by the price index (4.089) 441a(a)(1)(A) .................................................................................................................................... 441a(a)(1)(B) .................................................................................................................................... 441a(a)(3)(A) .................................................................................................................................... 441a(a)(3)(B) .................................................................................................................................... 441a(h) .............................................................................................................................................. The increased limitation at 2 U.S.C. 441a(a)(1)(A) is to be in effect for the 2 year period beginning on the first day following the date of the general election in the preceding year and ending on the date of the next regularly VerDate Aug<31>2005 15:07 Feb 02, 2007 Jkt 211001 scheduled election. Thus the $2,300 figure above is in effect from November 8, 2006, to November 4, 2008. The limitations under 2 U.S.C. 441a(a)(1)(B), 441a(a)(3)(A) and (B), and 441a(h), shall be in effect beginning January 1st of the PO 00000 Frm 00038 Fmt 4703 Sfmt 4703 $2,000 25,000 37,500 57,500 35,000 2007–2008 limitation $2,300 28,500 42,700 65,500 39,900 odd-numbered year and ending on December 31st of the next evennumbered year. Thus the new contribution limits under 2 U.S.C. 441a(a)(1)(B), 441a(a)(3)(A) and (B), and 441a(h) are in effect from January 1, E:\FR\FM\05FEN1.SGM 05FEN1 5296 Federal Register / Vol. 72, No. 23 / Monday, February 5, 2007 / Notices must be received not later than February 20, 2007. Dated: January 29, 2007. A. Federal Reserve Bank of Kansas City (Donna J. Ward, Assistant Vice Robert D. Lenhard, President) 925 Grand Avenue, Kansas Chairman, Federal Election Commission. City, Missouri 64198-0001: [FR Doc. E7–1755 Filed 2–2–07; 8:45 am] 1. Melanie Ranee Christain and Victor BILLING CODE 6715–01–P Lee Christain, both of Oklahoma City, Oklahoma; to acquire voting shares of FEDERAL ELECTION COMMISSION First State Bancorporation of Watonga, Inc., and thereby indirectly acquire Sunshine Act Notices voting shares of First State Bank, both in Watonga, Oklahoma. AGENCY: Federal Election Commission. B. Federal Reserve Bank of San DATE & TIME: Thursday, February 8, Francisco (Tracy Basinger, Director, 2007 at 10 a.m. Regional and Community Bank Group) PLACE: 999 E Street, NW., Washington, 101 Market Street, San Francisco, DC (ninth floor). California 94105-1579: STATUS: This meeting will be open to the 1. Bishop Limited Partnership; to public. acquire additional voting shares of ITEMS TO BE DISCUSSED: Skagit State Bancorp, Inc., and thereby Correction and Approval of Minutes. indirectly acquire voting shares of Advisory Opinion 2006–34: Working Skagit State Bank, all of Burlington, Assets, Inc., by counsel, Joseph E. Washington. Sandler and Frederick K. Lowell. Board of Governors of the Federal Reserve Advisory Opinion 2006–36: Green System, January 31, 2007. Senatorial Campaign Committee, by Robert deV. Frierson, Dean Myerson, Treasurer. Advisory Opinion 2006–38: Senator Deputy Secretary of the Board. Robert P. Casey, Jr. and the Casey [FR Doc. E7–1779 Filed 2–2–07; 8:45 am] State Committee by counsel, Marc E. BILLING CODE 6210–01–S Elias and Caroline P. Goodson. Policy Statement Establishing A Pilot Program for Probable Cause Hearings. FEDERAL RESERVE SYSTEM PERSON TO CONTACT FOR INFORMATION: Mr. Robert Biersack, Press Officer, Change in Bank Control Notices, Telephone: (202) 694–1220. Acquisition of Shares of Bank or Bank Holding Companies; Correction Mary W. Dove, 2007, to December 31, 2008. See 11 CFR 110.17(b)(1). Secretary of the Commission. [FR Doc. 07–525 Filed 2–1–07; 3:39 pm] BILLING CODE 6715–01–M FEDERAL RESERVE SYSTEM mstockstill on PROD1PC66 with NOTICES Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the office of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments VerDate Aug<31>2005 15:07 Feb 02, 2007 Jkt 211001 This notice corrects a notice (FR Doc. 07-1536) published on pages 4507-4508 of the issue for Wednesday, January 31, 2007. Under the Federal Reserve Bank of Atlanta heading, the entry for Brenda Morris Griner, is revised to read as follows: A. Federal Reserve Bank of Atlanta (Andre Anderson, Vice President) 1000 Peachtree Street, N.E., Atlanta, Georgia 30309: 1. Brenda Morris Griner, Columbia, Mississippi; to acquire additional voting shares of First Federal Bancorp, and thereby indirectly acquire additional voting shares of First Southern Bank, both of Columbia, Mississippi. Comments on this application must be received by February 15, 2007. FEDERAL RESERVE SYSTEM Notice of Proposals to Engage in Permissible Nonbanking Activities or to Acquire Companies that are Engaged in Permissible Nonbanking Activities The companies listed in this notice have given notice under section 4 of the Bank Holding Company Act (12 U.S.C. 1843) (BHC Act) and Regulation Y (12 CFR Part 225) to engage de novo, or to acquire or control voting securities or assets of a company, including the companies listed below, that engages either directly or through a subsidiary or other company, in a nonbanking activity that is listed in § 225.28 of Regulation Y (12 CFR 225.28) or that the Board has determined by Order to be closely related to banking and permissible for bank holding companies. Unless otherwise noted, these activities will be conducted throughout the United States. Each notice is available for inspection at the Federal Reserve Bank indicated. The notice also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing on the question whether the proposal complies with the standards of section 4 of the BHC Act. Additional information on all bank holding companies may be obtained from the National Information Center website at www.ffiec.gov/nic/. Unless otherwise noted, comments regarding the applications must be received at the Reserve Bank indicated or the offices of the Board of Governors not later than February 20, 2007. A. Federal Reserve Bank of Chicago (Patrick M. Wilder, Assistant Vice President) 230 South LaSalle Street, Chicago, Illinois 60690-1414: 1. First Berne Financial Corporation, Berne, Indiana; to continue to engage de novo in extending credit and servicing loans, pursuant to section 225.28(b)(1) of Regulation Y. Board of Governors of the Federal Reserve System, January 31, 2007. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc.E7–1778 Filed 2–2–07; 8:45 am] BILLING CODE 6210–01–S Board of Governors of the Federal Reserve System, January 31, 2007. Robert deV. Frierson, Deputy Secretary of the Board. [FR Doc. E7–1780 Filed 2–2–07; 8:45 am] BILLING CODE 6210–01–S PO 00000 Frm 00039 Fmt 4703 Sfmt 4703 E:\FR\FM\05FEN1.SGM 05FEN1

Agencies

[Federal Register Volume 72, Number 23 (Monday, February 5, 2007)]
[Notices]
[Pages 5294-5296]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-1755]


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FEDERAL ELECTION COMMISSION

[Notice 2007-2]


Price Index Increases for Expenditure and Contribution 
Limitations

AGENCY: Federal Election Commission.

ACTION: Notice of expenditure and contribution limitation increases.

-----------------------------------------------------------------------

SUMMARY: As mandated by provisions of the Bipartisan Campaign Reform 
Act of 2002 (``BCRA''), the Federal Election Commission (``FEC'' or 
``the Commission'') is adjusting certain expenditure and contribution 
limitations set forth in the Federal Election Campaign Act of 1971, as 
amended (``FECA'' or ``the Act''), to account for increases in the 
consumer price index. Additional details appear in the supplemental 
information that follows.

EFFECTIVE DATE: The effective date for the limit at 2 U.S.C. 
441a(a)(1)(A) is November 8, 2006. The effective date for the limits at 
2 U.S.C. 441a(a)(1)(B), 441a(a)(3), 441a(d) and 441a(h) is January 1, 
2007.

FOR FURTHER INFORMATION CONTACT: Mr. Gregory J. Scott, Information 
Division, 999 E Street, NW., Washington, DC 20463; (202) 694-1100 or 
(800) 424-9530.

SUPPLEMENTARY INFORMATION: Under the Federal Election Campaign Act of 
1971, 2 U.S.C. 431 et seq., as amended by the Bipartisan Campaign 
Reform Act of 2002, \1\ coordinated party expenditure limits (2 U.S.C. 
441a(d)(3)(A) and (B)), and certain contribution limits (2 U.S.C. 
441a(a)(1)(A) and (B), (a)(3), (d) and (h)), are adjusted either 
annually or biennially by the increase in the consumer price index. See 
2 U.S.C. 441a(c)(1) and 11 CFR 110.17. The Commission is publishing 
this notice to announce these limits for 2007 or the 2007-2008 election 
cycle.
---------------------------------------------------------------------------

    \1\ Public Law 107-155, 116 Stat. 81 (Mar. 27, 2002).
---------------------------------------------------------------------------

Coordinated Party Expenditure Limits for 2007

    Under 2 U.S.C. 441a(c), the Commission must adjust the expenditure 
limitations established by 2 U.S.C. 441a(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).

1. Expenditure Limitation for House of Representatives

    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. The formula used to calculate the expenditure 
limitation in a state with more than one congressional district 
multiplies the base figure of $10,000 by the price index (4.089), 
rounding to the nearest $100. Based upon this formula, the expenditure 
limitation for 2007 House elections in those states is $40,900. The 
formula used to calculate the expenditure limitation in a state with 
only one congressional district is the greater of: the base figure 
($20,000) multiplied by the price index (4.089) (which totals $81,800); 
or $0.02 multiplied by the voting age population (``VAP'') of the 
state, multiplied by the price index. Amounts are rounded to the 
nearest $100. Based upon this formula, the expenditure limitation for 
2007 House elections in these states is $81,800. See 2 U.S.C. 
441a(d)(3) and 11 CFR 109.32(b).

2. Expenditure Limitation for Senate

    Both the national and state party committees have an expenditure 
limitation for a general election held to fill a seat in the Senate. 
The formula used to calculate the Senate expenditure limitation 
considers not only the price index but also the VAP of the state. The 
expenditure limitation is the greater of: the base figure ($20,000) 
multiplied by the price index (which totals $81,800); or $0.02 
multiplied by the VAP of the state, multiplied by the price index. 
Amounts are rounded to the nearest $100. See 2 U.S.C. 441a(d)(3) and 11 
CFR 109.32(b). The chart below provides the state-by-state breakdown of 
the 2007 expenditure limitations for Senate elections.

                                 Senate Expenditure Limitations--2007 Elections
----------------------------------------------------------------------------------------------------------------
                                                                                                   Expenditure
                                                                                  VAP x .02        limit (the
                           State                                 VAP (in        multiplied by    greater of the
                                                               thousands)      the price index  amount in column
                                                                                   (4.089)        3 or $81,800)
----------------------------------------------------------------------------------------------------------------
Alabama...................................................             3,485          $285,000          $285,000
Alaska....................................................               489            40,000            81,800
Arizona...................................................             4,538           371,100           371,100
Arkansas..................................................             2,120           173,400           173,400
California................................................            26,925         2,201,900         2,201,900
Colorado..................................................             3,584           293,100           293,100
Connecticut...............................................             2,687           219,700           219,700
Delaware..................................................               650            53,200            81,800
Florida...................................................            14,068         1,150,500         1,150,500
Georgia...................................................             6,909           565,000           565,000
Hawaii....................................................               987            80,700            81,800
Idaho.....................................................             1,072            87,700            87,700
Illinois..................................................             9,617           786,500           786,500
Indiana...................................................             4,736           387,300           387,300
Iowa......................................................             2,272           185,800           185,800
Kansas....................................................             2,068           169,100           169,100

[[Page 5295]]

 
Kentucky..................................................             3,207           262,300           262,300
Louisiana.................................................             3,198           261,500           261,500
Maine.....................................................             1,041            85,100            85,100
Maryland..................................................             4,255           348,000           348,000
Massachusetts.............................................             4,988           407,900           407,900
Michigan..................................................             7,617           622,900           622,900
Minnesota.................................................             3,910           319,800           319,800
Mississippi...............................................             2,151           175,900           175,900
Missouri..................................................             4,426           362,000           362,000
Montana...................................................               727            59,500            81,800
Nebraska..................................................             1,323           108,200           108,200
Nevada....................................................             1,861           152,200           152,200
New Hampshire.............................................             1,017            83,200            83,200
New Jersey................................................             6,635           542,600           542,600
New Mexico................................................             1,446           118,300           118,300
New York..................................................            14,792         1,209,700         1,209,700
North Carolina............................................             6,701           548,000           548,000
North Dakota..............................................               491            40,200            81,800
Ohio......................................................             8,708           712,100           712,100
Oklahoma..................................................             2,685           219,600           219,600
Oregon....................................................             2,844           232,600           232,600
Pennsylvania..............................................             9,636           788,000           788,000
Rhode Island..............................................               830            67,900            81,800
South Carolina............................................             3,282           268,400           268,400
South Dakota..............................................               587            48,000            81,800
Tennessee.................................................             4,596           375,900           375,900
Texas.....................................................            17,014         1,391,400         1,391,400
Utah......................................................             1,759           143,900           143,900
Vermont...................................................               491            40,200            81,800
Virginia..................................................             5,836           477,300           477,300
Washington................................................             4,870           398,300           398,300
West Virginia.............................................             1,429           116,900           116,900
Wisconsin.................................................             4,244           347,100           347,100
Wyoming...................................................               393            32,100            81,800
----------------------------------------------------------------------------------------------------------------

Contribution Limitation Increases for Individuals, Nonmulticandidate 
Committees and for Certain Political Party Committees Giving to U.S. 
Senate Candidates for 2007-2008 Election Cycle

    BCRA amended the Act to extend inflation indexing to: (1) The 
limitations on contributions made by persons under 2 U.S.C. 
441a(a)(1)(A) (contributions to candidates) and 441a(a)(1)(B) 
(contributions to national party committees); (2) the biennial 
aggregate contribution limits applicable to individuals under 2 U.S.C. 
441a(a)(3); and (3) the limitation on contributions made to U.S. Senate 
candidates by certain political party committees at 2 U.S.C. 441a(h) 
and 2 U.S.C. 441a(c). These contribution limitations are increased by 
multiplying the respective statutory contribution amount 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 2001). The resulting amount is rounded to the nearest multiple of 
$100. See 2 U.S.C. 441a(c) and 11 CFR 110.17(b). The Commission has 
calculated the applicable percent difference to be 13.9 percent. 
Contribution limitations shall be adjusted accordingly:

------------------------------------------------------------------------
                                          Statutory         2007-2008
         Statutory provision               amount          limitation
------------------------------------------------------------------------
2 U.S.C. 441a(a)(1)(A)..............            $2,000            $2,300
2 U.S.C. 441a(a)(1)(B)..............            25,000            28,500
2 U.S.C. 441a(a)(3)(A)..............            37,500            42,700
2 U.S.C. 441a(a)(3)(B)..............            57,500            65,500
2 U.S.C. 441a(h)....................            35,000            39,900
------------------------------------------------------------------------

    The increased limitation at 2 U.S.C. 441a(a)(1)(A) is to be in 
effect for the 2 year period beginning on the first day following the 
date of the general election in the preceding year and ending on the 
date of the next regularly scheduled election. Thus the $2,300 figure 
above is in effect from November 8, 2006, to November 4, 2008. The 
limitations under 2 U.S.C. 441a(a)(1)(B), 441a(a)(3)(A) and (B), and 
441a(h), shall be in effect beginning January 1st of the odd-numbered 
year and ending on December 31st of the next even-numbered year. Thus 
the new contribution limits under 2 U.S.C. 441a(a)(1)(B), 441a(a)(3)(A) 
and (B), and 441a(h) are in effect from January 1,

[[Page 5296]]

2007, to December 31, 2008. See 11 CFR 110.17(b)(1).

    Dated: January 29, 2007.
Robert D. Lenhard,
Chairman, Federal Election Commission.
[FR Doc. E7-1755 Filed 2-2-07; 8:45 am]
BILLING CODE 6715-01-P