ASSEMBLY, No. 1262

 

STATE OF NEW JERSEY

 

PRE-FILED FOR INTRODUCTION IN THE 1996 SESSION

 

 

By Assemblyman RUSSO

 

 

An Act increasing the limit on spending in gubernatorial primary elections and amending P.L.1973, c.83.

 

    Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

    1. Section 7 of P.L.1973, c.83 (C.19:44A-7) is amended to read as follows:

    7. The amount which may be spent in aid of the candidacy of any qualified candidate for Governor at any election shall not exceed in a primary election[$2,200,000] $3,500,000, and in a general election $5,000,000; but such sums shall not include the traveling expenses of the candidate or of any person other than the candidate if such traveling expenses are voluntarily paid by such person without any understanding or agreement with the candidate that they shall be, directly or indirectly, repaid to him by the candidate.

(cf: P.L.1989,c.4,s.2)

 

    2. (New section) The amount which may be spent in aid of the candidacy of a qualified candidate for Governor at a primary election established in section 7 of P.L.1973, c.83 (C.19:44A-7), as amended by this act, P.L. , c. , shall be operative for the gubernatorial election to be held in 1997 and shall thereafter be the amount subject to adjustment in accordance with the provisions of subsection c. of section 19 of P.L.1980, c.74 (C.19:44A-7.1) as amended by section 3 of P.L.1989, c.4.

 

    3. This act shall take effect immediately.


 

Increases to $3,500,000 the limit on gubernatorial spending in 1997 primary election and establishes that amount as basis for future inflation adjustments.