Rhode Island Code of Regulations
Title 410 - Board of Elections
Chapter 10 - Campaign Finance
Subchapter 00 - N/A
Part 5 - Eligibility For Matching Public Funds For Candidates For General Office (MPF #01-01) (410-RICR-10-00-5)
Section 410-RICR-10-00-5.3 - Contributions
Universal Citation: 410 RI Code of Rules 10 00 5.3
Current through March 20, 2024
A. Incumbent general officeholders & persons who were not candidates for any other public office during the first two years of a four-year election cycle as defined in R.I. Gen. Laws § 17-25-3(5).
1. All contributions received by incumbent
general officeholders and persons who were not candidates for any other public
office during the first two years of a four-year election cycle, which
otherwise qualify to be matched with public funds pursuant to the provisions of
R.I. Gen. Laws Chapter 17-25, shall be eligible to be matched with public
funds.
B. Persons who were candidates for public office during the first two years of a four-year election cycle as defined in R.I. Gen. Laws § 17-25-3(5).
1. All contributions received during the last
two years of a four-year election cycle, which otherwise qualify to be matched
with public funds pursuant to the provisions of R.I. Gen. Laws Chapter 17-25,
shall be eligible to be matched with public funds.
2. Further, the balance of funds remaining in
a campaign account or accounts, as reported to the Board of Elections, as of
December 31st in the even-numbered year between elections for general officers
and carried forward shall be treated as a contribution by the candidate to
his/her own campaign for general office and counted toward the contribution
limits for that office; provided, however, that no candidate shall be permitted
to carry forward in excess of five percent (5%) of the total amount which a
candidate is permitted to expend in a primary and general election campaign for
the general office sought pursuant to R.I. Gen. Laws §§
17-25-19 and §17-25-21 and
that only $1,000 of such amount shall be eligible for matching public
funds.
3. The campaign fund balance
beyond the five percent (5%) permitted to be carried forward shall not be
permitted to be expended and shall be placed in a separate campaign account
which shall be inactive for the period commencing on the day the person becomes
a declared candidate for general office pursuant to R.I. Gen. Laws §
17-14-1 and concluding with the
final audit of the campaign by the Board of Elections.
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