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This legislation
establishes an opportunity for legislative and gubernatorial candidates to
qualify for a supplemental payment.
The Commission on Governmental Ethics and Election Practices will
require an Other Special Revenue Funds allocation of $6,401,750 in fiscal
year 2013-14 and $1,668,750 in fiscal year 2014-15 to distribute these
payments. In order to qualify for a
supplemental payment candidates must collect additional qualifying
contributions, therefore Other Special Revenue Funds revenue will increase by
$219,525 in fiscal year 2013-14 and $65,775 in fiscal year 2014-15. The Commission will also require an Other
Special Revenue Funds allocation of $20,115 in fiscal year 2013-14 and
$20,749 in fiscal year 2014-15 for one limited-period Project position to
process additional qualifying contributions and distributions. Additionally, the commission will require a
revenue transfer from the General Fund of $4,500,000 in fiscal year 2013-14
to fund these payments. |