New Jersey § 19:44a-7

§ 19:44a-7.

a. For the purpose of ensuring the continuing adequacy of the limits set by law upon

contributions, expenditures and certain other amounts relating to campaigns for nomination to the office of Governor and election to the offices of Governor and Lieutenant Governor , the Election Law Enforcement Commission is authorized and directed to adjust the

limits on those amounts as provided herein. The limitation amounts thus adjusted shall apply to the primary election for the office of Governor and the general election for the offices of Governor and Lieutenant Governor to be held in the year following the year in which that adjustment is required hereunder

to be made. b. The commission shall establish an index reflecting the changes occurring in the

general level of prices of particular goods and services, including but not limited

to goods and services within such categories of expenditure as mass media and other

forms of public communication, personnel, rent, office supplies and equipment, data

processing, utilities, travel and entertainment, and legal and accounting services,

directly affecting the overall costs of election campaigning in this State. The index shall be weighted in accordance with the impact in the preceding general

election for the offices of Governor and Lieutenant Governor of the respective prices of each of those several goods and services upon those overall

costs. Not later than December 1 of each year preceding any year in which a general election

is to be held to fill the offices of Governor and Lieutenant Governor for a four-year term, the commission shall determine the percentage of change in

this index which shall have occurred during the four-year period ending with the year

of the gubernatorial election, and shall adjust the amounts, as set forth in subsection

c. of this section, which shall be applicable under P.L.1973, c. 83 ( C.19:44A-1 et seq. ) to the primary election for the office of Governor and the general election for the offices of Governor and Lieutenant Governor to be held in the following year by multiplying that percentage of change, plus 100%,

times the amounts applicable thereunder to the primary and general elections for that

office held in the third year preceding the year in which that December 1 occurs;

provided that any amount so adjusted shall be rounded as follows: if the adjusted

amount is less than $20,000 and is not an exact multiple of $100, to the next higher

exact multiple of $100; if the adjusted amount is more than $20,000 but less than

$200,000 and is not an exact multiple of $1,000, to the next higher exact multiple

of $1,000; if the adjusted amount is more than $200,000 but less than $2,000,000

and is not an exact multiple of $10,000, to the next higher exact multiple of $10,000;

and if the adjusted amount is more than $2,000,000 but less than $20,000,000 and is

not an exact multiple of $100,000, to the next higher exact multiple of $100,000. c. The amounts subject to adjustment as provided under this section shall be: (1) The maximum amount of contributions permitted to be made to any candidate for

nomination for election to the office of Governor or for election to the offices of Governor and Lieutenant Governor pursuant to section 4 of P.L.1974, c. 26 ( C.19:44A-29 ) and the amount of contributions with respect to which a qualified candidate for

nomination for election or for election to those offices shall be eligible to receive moneys from the fund for election campaign expenses

pursuant to section 8 of P.L.1974, c. 26 ( C.19:44A-33 ); (2) The amount of deposits or expenditures required to have been made by a candidate

for nomination for election to the office of Governor or for election to the offices of Governor and Lieutenant Governor in order for those candidates to be qualified candidates under subsection m. of section 3 of P.L.1973, c. 83 ( C.19:44A-3 ) and the amount of such deposits into such candidates' bank account for which no payment of public funds is to be made pursuant to section

8 of P.L.1974, c. 26 ( C.19:44A-33 ); (3) The maximum amount which may be spent in aid of the candidacy of a qualified candidate

for the office of Governor in a primary election or the offices of Governor and Lieutenant Governor in a general election pursuant to section 7 of P.L.1973, c. 83 ( C.19:44A-7 ); and (4) The maximum amount which any qualified candidate for nomination for election for the office of Governor in a primary election or for election to the offices of Governor and Lieutenant Governor in a general election may receive from the fund for election campaign expenses pursuant

to section 8 of P.L.1974, c. 26 ( C.19:44A-33 ). d. Not later than December 15 of each year preceding any year in which a general election

is to be held to fill the offices of Governor and Lieutenant Governor for a four-year term, the commission shall report to the Legislature its adjustment

of limits in accordance with the provisions of this section. Whenever, following the transmittal of that report, the commission shall have had

notice that a person has declared as a candidate for nomination for election for the office of Governor or for election to the offices of Governor and Lieutenant Governor in the forthcoming primary or general election, it shall promptly notify those candidates of the amounts of those adjusted limits.