Campaign Finance Reform in New York State Michael J. Malbin University at Albany, SUNY The Campaign Finance Institute At a Forum Co-Sponsored by The Rockefeller.

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Presentation transcript:

Campaign Finance Reform in New York State Michael J. Malbin University at Albany, SUNY The Campaign Finance Institute At a Forum Co-Sponsored by The Rockefeller Institute of Government, SUNY The League of Women Voters of New York Monday, December 3, 2012 Albany, New York

Sources of Funds in NY State elections, 2012 Through Pre-General Election Reports

Sources of Funds NY State elections, 2010 Gubernatorial, Assembly & Senate

What if... 6:1 Matching Funds, First $175, Same Donors as 2010

What if... Same Matching Funds but Enough $50 Donors so NYS = NYC

Number of 2010 Candidates Who Would Have Had Less Money With Public Matching Funds and Lower Contribution Limits $2,000 Contribution Limit$4,000 Contribution Limit Total # Candidates Same Donors More Small Donors Same DonorsMore Small Donors Assembly $150,000 Cap $300,000 Cap Senate $350,000 Cap $700,000 Cap

The Cost of a Public Matching Fund System for New York State Elections Includes the Four-Year cost for all Statewide and Legislative Candidates All candidates assumed to receive public funds up to the maximum allowed for one contested election, usually the general election. In addition, for primary elections: Same Donors as 2010, Lower Contribution Limit Same Donors Plus Each Candidate Doubles the Amount of Small Donor Money Raised Assume higher public funding cap only for those with two contests in 2010 Total Four-Year Public Funding Cost99,611,448130,547,256 Average per year per capita $1.28$1.67 Treat every 2010 general election candidate as if in a contested primary Total Four-Year Public Funding Cost119,061,220164,914,488 Average per year per capita $1.53$2.11

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