Price Index Adjustments for Contribution and Expenditure Limitations and Lobbyist Bundling Disclosure Threshold, 7088-7090 [2023-02135]
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7088
Federal Register / Vol. 88, No. 22 / Thursday, February 2, 2023 / Notices
considerable adverse effect on the
implementation of a proposed
Commission action.
Matters concerning participation in
civil actions or proceedings or
arbitration.
*
*
*
*
*
CONTACT PERSON FOR MORE INFORMATION:
Judith Ingram, Press Officer. Telephone:
(202) 694–1220.
(Authority: Government in the Sunshine Act,
5 U.S.C. 552b.)
Vicktoria J. Allen,
Acting Deputy Secretary of the Commission.
[FR Doc. 2023–02333 Filed 1–31–23; 4:15 pm]
BILLING CODE 6715–01–P
FEDERAL ELECTION COMMISSION
Washington, DC 20463; (202) 694–1100
or (800) 424–9530.
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) and (3)), certain
contribution limits (52 U.S.C.
30116(a)(1)(A) and (B), and (h)), 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) and (f). The Commission is
publishing this notice to announce the
adjusted limits and disclosure
threshold.
Coordinated Party Expenditure Limits
for 2023
[NOTICE 2023–03]
Price Index Adjustments for
Contribution and Expenditure
Limitations and Lobbyist Bundling
Disclosure Threshold
Federal Election Commission.
Notice of adjustments to
contribution and expenditure
limitations and lobbyist bundling
disclosure threshold.
AGENCY:
ACTION:
As mandated by provisions of
the Federal Election Campaign Act (‘‘the
Act’’), the Federal Election Commission
(‘‘the Commission’’) is adjusting certain
contribution and 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 limitation at 52 U.S.C.
30116(a)(1)(A) applies beginning on
November 9, 2022. The new limitations
at 52 U.S.C. 30104(i)(3)(A),
30116(a)(1)(B), 30116(d) and 30116(h)
apply beginning on January 1, 2023.
FOR FURTHER INFORMATION CONTACT: Ms.
Elizabeth S. Kurland, Information
Division, 1050 First Street NE,
SUMMARY:
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)
and (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 (5.93544), rounding to
the nearest $100. See 52 U.S.C.
30116(c)(1)(B) and (d)(3)(B); 11 CFR
109.32(b) and 110.17. Based upon this
formula, the expenditure limitation for
2023 general elections for House
candidates in these states, districts, and
territories is $59,400.
2. Expenditure Limitation for Senate
and for House of Representatives in
States With Only One Congressional
District
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
greater of: The base figure ($20,000)
multiplied by the difference in the price
index, 5.93544 (which totals $118,700);
or $0.02 multiplied by the VAP of the
state, multiplied by 5.93544. See 52
U.S.C. 30116(c)(1)(B) and (d)(3)(A); 11
CFR 109.32(b) and 110.17. Amounts are
rounded to the nearest $100. 52 U.S.C.
30116(c)(1)(B)(iii); 11 CFR 109.32(b)(3)
and 110.17(c). The chart below provides
the state-by-state breakdown of the 2023
general election expenditure limitations
for Senate elections. The expenditure
limitation for 2023 House elections in
states with only one congressional
district 2 is $118,700.
SENATE GENERAL ELECTION COORDINATED EXPENDITURE LIMITS—2023 ELECTIONS 3
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State
Alabama .................................................................................................................................
Alaska ....................................................................................................................................
1 Currently, these are Puerto Rico, American
Samoa, Guam, the United States Virgin Islands and
the Northern Mariana Islands. See https://
www.house.gov/representatives.
VerDate Sep<11>2014
18:57 Feb 01, 2023
Jkt 259001
VAP × .02 ×
the price index
(5.93544)
Voting age
population
(VAP)
3,962,734
557,060
2 Currently, these states are: Alaska, Delaware,
North Dakota, South Dakota, Vermont and
Wyoming. See https://www.house.gov/
representatives/.
PO 00000
Frm 00031
Fmt 4703
Sfmt 4703
E:\FR\FM\02FEN1.SGM
02FEN1
$470,400
66,100
Senate
expenditure limit
(the greater of
the amount in
column 3 or
$118,700)
$470,400
118,700
7089
Federal Register / Vol. 88, No. 22 / Thursday, February 2, 2023 / Notices
SENATE GENERAL ELECTION COORDINATED EXPENDITURE LIMITS—2023 ELECTIONS 3—Continued
State
Arizona ...................................................................................................................................
Arkansas ................................................................................................................................
California ................................................................................................................................
Colorado ................................................................................................................................
Connecticut ............................................................................................................................
Delaware ................................................................................................................................
Florida ....................................................................................................................................
Georgia ..................................................................................................................................
Hawaii ....................................................................................................................................
Idaho ......................................................................................................................................
Illinois .....................................................................................................................................
Indiana ...................................................................................................................................
Iowa .......................................................................................................................................
Kansas ...................................................................................................................................
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 ................................................................................................................................
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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
The Act requires inflation indexing of:
(1) The limitations on contributions
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).
VerDate Sep<11>2014
18:57 Feb 01, 2023
Jkt 259001
VAP × .02 ×
the price index
(5.93544)
Voting age
population
(VAP)
made by persons under 52 U.S.C.
30116(a)(1)(A) (contributions to
candidates) and 30116(a)(1)(B)
(contributions to national party
committees); and (2) the limitation on
contributions made to U.S. Senate
candidates by certain political party
committees at 52 U.S.C. 30116(h). See
52 U.S.C. 30116(c). These contribution
limitations are increased by multiplying
the respective statutory contribution
amount by 1.65284, the percent
difference between the price index, as
certified to the Commission by the
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Frm 00032
Fmt 4703
Sfmt 4703
5,770,187
2,348,518
30,523,315
4,624,351
2,895,175
810,269
17,948,469
8,402,753
1,142,870
1,475,629
9,861,901
5,263,114
2,476,028
2,246,318
3,507,735
3,528,548
1,137,442
4,818,071
5,644,540
7,924,418
4,423,022
2,261,996
4,813,049
889,114
1,491,246
2,487,994
1,142,307
7,267,590
1,653,831
15,687,863
8,404,094
596,486
9,193,508
3,066,654
3,403,149
10,347,543
889,822
4,164,762
690,659
5,513,202
22,573,234
2,449,192
532,307
6,816,709
6,139,213
1,423,234
4,646,910
451,267
685,000
278,800
3,623,400
549,000
343,700
96,200
2,130,600
997,500
135,700
175,200
1,170,700
624,800
293,900
266,700
416,400
418,900
135,000
571,900
670,100
940,700
525,100
268,500
571,400
105,500
177,000
295,300
135,600
862,700
196,300
1,862,300
997,600
70,800
1,091,400
364,000
404,000
1,228,300
105,600
494,400
82,000
654,500
2,679,600
290,700
63,200
809,200
728,800
169,000
551,600
53,600
Senate
expenditure limit
(the greater of
the amount in
column 3 or
$118,700)
685,000
278,800
3,623,400
549,000
343,700
118,700
2,130,600
997,500
135,700
175,200
1,170,700
624,800
293,900
266,700
416,400
418,900
135,000
571,900
670,100
940,700
525,100
268,500
571,400
118,700
177,000
295,300
135,600
862,700
196,300
1,862,300
997,600
118,700
1,091,400
364,000
404,000
1,228,300
118,700
494,400
118,700
654,500
2,679,600
290,700
118,700
809,200
728,800
169,000
551,600
118,700
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). 52 U.S.C.
30116(c)(1)(B)(i) and (2)(B)(ii). The
resulting amount is rounded to the
nearest multiple of $100. See 52 U.S.C.
30116(c); 11 CFR 110.17(b).
Contribution limitations shall be
adjusted accordingly:
E:\FR\FM\02FEN1.SGM
02FEN1
7090
Federal Register / Vol. 88, No. 22 / Thursday, February 2, 2023 / Notices
Statutory
amount
Statutory provision
52 U.S.C. 30116(a)(1)(A) ........................................................................................................................................
52 U.S.C. 30116(a)(1)(B) ........................................................................................................................................
52 U.S.C. 30116(h) ..................................................................................................................................................
The limitation at 52 U.S.C.
30116(a)(1)(A) is to be in effect for the
two-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. 52 U.S.C.
30116(c)(1)(C); 11 CFR 110.1(b)(1)(ii).
Thus the $3,300 figure above is in effect
from November 9, 2022, to November 5,
2024. The limitations under 52 U.S.C.
30116(a)(1)(B) and 30116(h) shall be in
effect beginning January 1st of the oddnumbered year and ending on December
31st of the next even-numbered year. 11
CFR 110.1(c)(1)(ii). Thus the new
contribution limitations under 52 U.S.C.
30116(a)(1)(B) and 30116(h) are in effect
from January 1, 2023, to December 31,
2024. See 11 CFR 110.17(b)(1).
Change in Bank Control Notices;
Acquisitions of Shares of a Bank or
Bank Holding Company
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) and (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 1.45167, 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) and 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) and
30116(c)(1)(B)(iii); 11 CFR 104.22(g)(4).
Based upon this formula ($15,000 ×
1.45167), the lobbyist bundling
disclosure threshold for calendar year
2023 is $21,800.
The notificants listed below have
applied under the Change in Bank
Control Act (Act) (12 U.S.C. 1817(j)) and
§ 225.41 of the Board’s Regulation Y (12
CFR 225.41) to acquire shares of a bank
or bank holding company. The factors
that are considered in acting on the
applications are set forth in paragraph 7
of the Act (12 U.S.C. 1817(j)(7)).
The public portions of the
applications listed below, as well as
other related filings required by the
Board, if any, are available for
immediate inspection at the Federal
Reserve Bank(s) indicated below and at
the offices of the Board of Governors.
This information may also be obtained
on an expedited basis, upon request, by
contacting the appropriate Federal
Reserve Bank and from the Board’s
Freedom of Information Office at
https://www.federalreserve.gov/foia/
request.htm. Interested persons may
express their views in writing on the
standards enumerated in paragraph 7 of
the Act.
Comments regarding each of these
applications must be received at the
Reserve Bank indicated or the offices of
the Board of Governors, Ann E.
Misback, Secretary of the Board, 20th
Street and Constitution Avenue NW,
Washington, DC 20551–0001, not later
than February 17, 2023.
A. Federal Reserve Bank of Atlanta
(Erien O. Terry, Assistant Vice
President) 1000 Peachtree Street NE,
Atlanta, Georgia 30309; Comments can
also be sent electronically to
Applications.Comments@atl.frb.org:
1. Mary Susan DeFoor, Ooltewah,
Tennessee; to acquire voting shares of
Millennium Bancshares, Inc., and
thereby indirectly acquire voting shares
of Millennium Bank, both of Ooltewah,
Tennessee.
Dated: January 27, 2023.
On behalf of the Commission,
Dara S. Lindenbaum,
Chair, Federal Election Commission.
Board of Governors of the Federal Reserve
System.
Michele Taylor Fennell,
Deputy Associate Secretary of the Board.
[FR Doc. 2023–02135 Filed 2–1–23; 8:45 am]
[FR Doc. 2023–02190 Filed 2–1–23; 8:45 am]
BILLING CODE 6715–01–P
BILLING CODE P
Lobbyist Bundling Disclosure
Threshold for 2023
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FEDERAL RESERVE SYSTEM
VerDate Sep<11>2014
18:57 Feb 01, 2023
Jkt 259001
PO 00000
Frm 00033
Fmt 4703
Sfmt 4703
2023–2024
Limit
$2,000
25,000
35,000
$3,300
41,300
57,800
GOVERNMENT ACCOUNTABILITY
OFFICE
Financial Management and Assurance;
Government Auditing Standards
U.S. Government
Accountability Office.
AGENCY:
ACTION:
Notice of document availability.
On January 30, 2023, the U.S.
Government Accountability Office
(GAO) issued an exposure draft of
proposed revisions to Government
Auditing Standards (GAGAS), also
known as the Yellow Book. To help
ensure that the standards continue to
meet the needs of the government
community and the public it serves, the
Comptroller General of the United
States appointed the Advisory Council
on Government Auditing Standards to
review GAO’s proposed revisions of the
standards and consider other necessary
changes. The advisory council includes
experts from all levels of government,
the private sector, and academia. This
exposure draft includes the advisory
council’s input regarding the proposed
changes. We are requesting public
comments on the proposed revisions in
the 2023 exposure draft. All comments
received from the public will be
considered a matter of public record and
will be posted on the GAO website.
GAO first issued the standards in 1972.
The proposed changes in the exposure
draft update GAGAS to reflect major
developments in the accountability and
audit professions and emphasize
specific considerations applicable to the
government environment.
SUMMARY:
Comments will be accepted
through April 28, 2023.
DATES:
A copy of the exposure draft
(GAO–23–106303) can be obtained on
the GAO internet page at https://
www.gao.gov/yellowbook.
ADDRESSES:
FOR FURTHER INFORMATION CONTACT:
Cecil Davis at (202) 512–9362.
To ensure
that your comments are considered by
GAO and the advisory council in their
deliberations, please submit them by
April 28, 2023. Please send your
comments electronically to
YellowBookComments@gao.gov.
SUPPLEMENTARY INFORMATION:
E:\FR\FM\02FEN1.SGM
02FEN1
]]>Agencies
[Federal Register Volume 88, Number 22 (Thursday, February 2, 2023)]
[Notices]
[Pages 7088-7090]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-02135]
-----------------------------------------------------------------------
FEDERAL ELECTION COMMISSION
[NOTICE 2023-03]
Price Index Adjustments for Contribution and Expenditure
Limitations and Lobbyist Bundling Disclosure Threshold
AGENCY: Federal Election Commission.
ACTION: Notice of adjustments to contribution and 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 contribution and 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 limitation at 52 U.S.C. 30116(a)(1)(A) applies beginning
on November 9, 2022. The new limitations at 52 U.S.C. 30104(i)(3)(A),
30116(a)(1)(B), 30116(d) and 30116(h) apply beginning on January 1,
2023.
FOR FURTHER INFORMATION CONTACT: Ms. Elizabeth S. Kurland, Information
Division, 1050 First Street NE, Washington, DC 20463; (202) 694-1100 or
(800) 424-9530.
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) and (3)), certain contribution limits (52 U.S.C.
30116(a)(1)(A) and (B), and (h)), 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) and (f). The Commission is publishing this notice to announce
the adjusted limits and disclosure threshold.
Coordinated Party Expenditure Limits for 2023
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) and (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 (5.93544), rounding to the nearest $100. See 52 U.S.C.
30116(c)(1)(B) and (d)(3)(B); 11 CFR 109.32(b) and 110.17. Based upon
this formula, the expenditure limitation for 2023 general elections for
House candidates in these states, districts, and territories is
$59,400.
---------------------------------------------------------------------------
\1\ Currently, these are Puerto Rico, American Samoa, Guam, the
United States Virgin Islands and the Northern Mariana Islands. See
https://www.house.gov/representatives.
---------------------------------------------------------------------------
2. Expenditure Limitation for Senate and for House of Representatives
in States With Only One Congressional District
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 greater of: The base
figure ($20,000) multiplied by the difference in the price index,
5.93544 (which totals $118,700); or $0.02 multiplied by the VAP of the
state, multiplied by 5.93544. See 52 U.S.C. 30116(c)(1)(B) and
(d)(3)(A); 11 CFR 109.32(b) and 110.17. Amounts are rounded to the
nearest $100. 52 U.S.C. 30116(c)(1)(B)(iii); 11 CFR 109.32(b)(3) and
110.17(c). The chart below provides the state-by-state breakdown of the
2023 general election expenditure limitations for Senate elections. The
expenditure limitation for 2023 House elections in states with only one
congressional district \2\ is $118,700.
---------------------------------------------------------------------------
\2\ Currently, these states are: Alaska, Delaware, North Dakota,
South Dakota, Vermont and Wyoming. See https://www.house.gov/representatives/.
Senate General Election Coordinated Expenditure Limits--2023 Elections \3\
----------------------------------------------------------------------------------------------------------------
Senate
VAP x .02 x expenditure limit
Voting age the price (the greater of
State population index the amount in
(VAP) (5.93544) column 3 or
$118,700)
----------------------------------------------------------------------------------------------------------------
Alabama...................................................... 3,962,734 $470,400 $470,400
Alaska....................................................... 557,060 66,100 118,700
[[Page 7089]]
Arizona...................................................... 5,770,187 685,000 685,000
Arkansas..................................................... 2,348,518 278,800 278,800
California................................................... 30,523,315 3,623,400 3,623,400
Colorado..................................................... 4,624,351 549,000 549,000
Connecticut.................................................. 2,895,175 343,700 343,700
Delaware..................................................... 810,269 96,200 118,700
Florida...................................................... 17,948,469 2,130,600 2,130,600
Georgia...................................................... 8,402,753 997,500 997,500
Hawaii....................................................... 1,142,870 135,700 135,700
Idaho........................................................ 1,475,629 175,200 175,200
Illinois..................................................... 9,861,901 1,170,700 1,170,700
Indiana...................................................... 5,263,114 624,800 624,800
Iowa......................................................... 2,476,028 293,900 293,900
Kansas....................................................... 2,246,318 266,700 266,700
Kentucky..................................................... 3,507,735 416,400 416,400
Louisiana.................................................... 3,528,548 418,900 418,900
Maine........................................................ 1,137,442 135,000 135,000
Maryland..................................................... 4,818,071 571,900 571,900
Massachusetts................................................ 5,644,540 670,100 670,100
Michigan..................................................... 7,924,418 940,700 940,700
Minnesota.................................................... 4,423,022 525,100 525,100
Mississippi.................................................. 2,261,996 268,500 268,500
Missouri..................................................... 4,813,049 571,400 571,400
Montana...................................................... 889,114 105,500 118,700
Nebraska..................................................... 1,491,246 177,000 177,000
Nevada....................................................... 2,487,994 295,300 295,300
New Hampshire................................................ 1,142,307 135,600 135,600
New Jersey................................................... 7,267,590 862,700 862,700
New Mexico................................................... 1,653,831 196,300 196,300
New York..................................................... 15,687,863 1,862,300 1,862,300
North Carolina............................................... 8,404,094 997,600 997,600
North Dakota................................................. 596,486 70,800 118,700
Ohio......................................................... 9,193,508 1,091,400 1,091,400
Oklahoma..................................................... 3,066,654 364,000 364,000
Oregon....................................................... 3,403,149 404,000 404,000
Pennsylvania................................................. 10,347,543 1,228,300 1,228,300
Rhode Island................................................. 889,822 105,600 118,700
South Carolina............................................... 4,164,762 494,400 494,400
South Dakota................................................. 690,659 82,000 118,700
Tennessee.................................................... 5,513,202 654,500 654,500
Texas........................................................ 22,573,234 2,679,600 2,679,600
Utah......................................................... 2,449,192 290,700 290,700
Vermont...................................................... 532,307 63,200 118,700
Virginia..................................................... 6,816,709 809,200 809,200
Washington................................................... 6,139,213 728,800 728,800
West Virginia................................................ 1,423,234 169,000 169,000
Wisconsin.................................................... 4,646,910 551,600 551,600
Wyoming...................................................... 451,267 53,600 118,700
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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
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\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).
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The Act requires inflation indexing of: (1) The limitations on
contributions made by persons under 52 U.S.C. 30116(a)(1)(A)
(contributions to candidates) and 30116(a)(1)(B) (contributions to
national party committees); and (2) the limitation on contributions
made to U.S. Senate candidates by certain political party committees at
52 U.S.C. 30116(h). See 52 U.S.C. 30116(c). These contribution
limitations are increased by multiplying the respective statutory
contribution amount by 1.65284, 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). 52 U.S.C.
30116(c)(1)(B)(i) and (2)(B)(ii). The resulting amount is rounded to
the nearest multiple of $100. See 52 U.S.C. 30116(c); 11 CFR 110.17(b).
Contribution limitations shall be adjusted accordingly:
[[Page 7090]]
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Statutory
Statutory provision 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
------------------------------------------------------------------------
The limitation at 52 U.S.C. 30116(a)(1)(A) is to be in effect for
the two-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. 52 U.S.C. 30116(c)(1)(C); 11 CFR
110.1(b)(1)(ii). Thus the $3,300 figure above is in effect from
November 9, 2022, to November 5, 2024. The limitations under 52 U.S.C.
30116(a)(1)(B) and 30116(h) shall be in effect beginning January 1st of
the odd-numbered year and ending on December 31st of the next even-
numbered year. 11 CFR 110.1(c)(1)(ii). Thus the new contribution
limitations under 52 U.S.C. 30116(a)(1)(B) and 30116(h) are in effect
from January 1, 2023, to December 31, 2024. See 11 CFR 110.17(b)(1).
Lobbyist Bundling Disclosure Threshold for 2023
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) and (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 1.45167, 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) and 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) and 30116(c)(1)(B)(iii); 11 CFR
104.22(g)(4). Based upon this formula ($15,000 x 1.45167), the lobbyist
bundling disclosure threshold for calendar year 2023 is $21,800.
Dated: January 27, 2023.
On behalf of the Commission,
Dara S. Lindenbaum,
Chair, Federal Election Commission.
[FR Doc. 2023-02135 Filed 2-1-23; 8:45 am]
BILLING CODE 6715-01-P
