[Federal Register Volume 89, Number 19 (Monday, January 29, 2024)]
[Notices]
[Pages 5534-5536]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-01623]


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FEDERAL ELECTION COMMISSION

[NOTICE 2024-03]


Price Index Adjustments for Expenditure Limitations and Lobbyist 
Bundling Disclosure Threshold

AGENCY: Federal Election Commission.

ACTION: Notice of adjustments to expenditure limitations and lobbyist 
bundling disclosure threshold.

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SUMMARY: As mandated by provisions of the Federal Election Campaign Act 
(``the Act''), the Federal Election Commission (``the Commission'') is 
adjusting certain expenditure limitations and the lobbyist bundling 
disclosure threshold set forth in the Act, to index the amounts for 
inflation. Additional details appear in the supplemental information 
that follows.

DATES: The new limitations apply beginning on January 1, 2024.

ADDRESSES: 1050 First Street NE, Washington, DC 20463.

FOR FURTHER INFORMATION CONTACT: Ms. Elizabeth S. Kurland, Information 
Division, (202) 694-1100 or (800) 424-9530, [email protected].

SUPPLEMENTARY INFORMATION: Under the Federal Election Campaign Act, 52 
U.S.C. 30101-45, coordinated party expenditure limits (52 U.S.C. 
30116(d)(2)-(3)) and the disclosure threshold for contributions bundled 
by lobbyists (52 U.S.C. 30104(i)(3)(A)) are adjusted periodically to 
reflect changes in the consumer price index. See 52 U.S.C. 
30104(i)(3)(B), 30116(c); 11 CFR 109.32(a)(2), (b)(3), 110.17(a), (f). 
The Commission is publishing this notice to announce the adjusted 
limits and disclosure threshold for 2024.

Coordinated Party Expenditure Limits for 2024

    Under 52 U.S.C. 30116(c), the Commission must adjust the 
expenditure limitations established by 52 U.S.C. 30116(d) (the limits 
on expenditures by national party committees, state party committees, 
or their subordinate committees in connection with the general election 
campaign of candidates for Federal office) annually to account for 
inflation. This expenditure limitation is increased by the percent 
difference between the price index, as certified to the Commission by 
the Secretary of Labor, for the 12 months preceding the beginning of 
the calendar year and the price index for the base period (calendar 
year 1974). 52 U.S.C. 30116(c)(1)(B)(i), (2)(B)(i).

1. Expenditure Limitation for House of Representatives in States With 
More Than One Congressional District

    Both the national and state party committees have an expenditure 
limitation for each general election held to fill a seat in the House 
of Representatives in states with more than one congressional district. 
See 52 U.S.C. 30116(d)(3)(B). This limitation also applies to the 
District of Columbia and territories that elect individuals to the 
office of Delegate or Resident Commissioner.\1\ Id. The formula used to 
calculate the expenditure limitation in such states and territories 
multiplies the base figure of $10,000 by the difference in the price 
index (6.17976), rounding to the nearest $100. See 52 U.S.C. 
30116(c)(1)(B), (d)(3)(B); 11 CFR 109.32(b), 110.17. Based upon this 
formula, the expenditure limitation for 2024 general elections for 
House candidates in these states, districts, and territories is 
$61,800.
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    \1\ Currently, these are Puerto Rico, American Samoa, Guam, the 
United States Virgin Islands and the Northern Mariana Islands. See 
http://www.house.gov/representatives.
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2. Expenditure Limitation for Senate and for House of Representatives 
in States With Only One Congressional District

    Both the national and state party committees have an expenditure 
limitation for a general election held to fill a seat in the Senate or 
in the House of Representatives in states with only one congressional 
district. See 52 U.S.C. 30116(d)(3)(A). The formula used to calculate 
this expenditure limitation considers not only the price index but also 
the voting age population (``VAP'') of the state. Id. The VAP figures 
used to calculate the expenditure limitations were certified by the 
U.S. Census Bureau. The VAP of each state is also published annually in 
the Federal Register by the U.S. Department of Commerce. 11 CFR 110.18. 
The general election expenditure limitation is the

[[Page 5535]]

greater of: The base figure ($20,000) multiplied by the difference in 
the price index, 6.17976 (which totals $123,600); or $0.02 multiplied 
by the VAP of the state, multiplied by 6.17976. See 52 U.S.C. 
30116(c)(1)(B), (d)(3)(A); 11 CFR 109.32(b), 110.17. Amounts are 
rounded to the nearest $100. 52 U.S.C. 30116(c)(1)(B)(iii); 11 CFR 
109.32(b)(3), 110.17(c). The chart below provides the state-by-state 
breakdown of the 2024 general election expenditure limitations for 
Senate elections. The expenditure limitation for 2024 House elections 
in states with only one congressional district \2\ is $123,600.
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    \2\ Currently, these states are: Alaska, Delaware, North Dakota, 
South Dakota, Vermont and Wyoming. See http://www.house.gov/representatives/.
    \3\ This expenditure limit does not apply to the District of 
Columbia, Puerto Rico, American Samoa, Guam, the United States 
Virgin Islands, and the Northern Mariana Islands because those 
jurisdictions do not elect Senators. See 52 U.S.C. 30116(d)(3)(A); 
11 CFR 109.32(b)(2)(i).

                   Senate General Election Coordinated Expenditure Limits--2024 Elections \3\
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                                                                                                     Senate
                                                                                               expenditure limit
                                                             Voting age      VAP x .02 x the    (the greater of
                         State                            population (VAP)     price index       the amount in
                                                                                (6.17976)         column 3 or
                                                                                                   $123,600)
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Alabama................................................          3,977,628           $491,600           $491,600
Alaska.................................................            557,899             69,000            123,600
Arizona................................................          5,848,310            722,800            722,800
Arkansas...............................................          2,362,124            291,900            291,900
California.............................................         30,519,524          3,772,100          3,772,100
Colorado...............................................          4,662,926            576,300            576,300
Connecticut............................................          2,894,190            357,700            357,700
Delaware...............................................            819,952            101,300            123,600
Florida................................................         18,229,883          2,253,100          2,253,100
Georgia................................................          8,490,546          1,049,400          1,049,400
Hawaii.................................................          1,141,525            141,100            141,100
Idaho..................................................          1,497,384            185,100            185,100
Illinois...............................................          9,844,167          1,216,700          1,216,700
Indiana................................................          5,274,945            652,000            652,000
Iowa...................................................          2,476,882            306,100            306,100
Kansas.................................................          2,246,209            277,600            277,600
Kentucky...............................................          3,509,259            433,700            433,700
Louisiana..............................................          3,506,600            433,400            433,400
Maine..................................................          1,146,670            141,700            141,700
Maryland...............................................          4,818,337            595,500            595,500
Massachusetts..........................................          5,659,598            699,500            699,500
Michigan...............................................          7,925,350            979,500            979,500
Minnesota..............................................          4,436,981            548,400            548,400
Mississippi............................................          2,259,864            279,300            279,300
Missouri...............................................          4,821,686            595,900            595,900
Montana................................................            897,161            110,900            123,600
Nebraska...............................................          1,497,381            185,100            185,100
Nevada.................................................          2,508,220            310,000            310,000
New Hampshire..........................................          1,150,004            142,100            142,100
New Jersey.............................................          7,280,551            899,800            899,800
New Mexico.............................................          1,663,024            205,500            205,500
New York...............................................         15,611,308          1,929,500          1,929,500
North Carolina.........................................          8,498,868          1,050,400          1,050,400
North Dakota...........................................            599,192             74,100            123,600
Ohio...................................................          9,207,681          1,138,000          1,138,000
Oklahoma...............................................          3,087,217            381,600            381,600
Oregon.................................................          3,401,528            420,400            420,400
Pennsylvania...........................................         10,332,678          1,277,100          1,277,100
Rhode Island...........................................            892,124            110,300            123,600
South Carolina.........................................          4,229,354            522,700            522,700
South Dakota...........................................            697,420             86,200            123,600
Tennessee..............................................          5,555,761            686,700            686,700
Texas..................................................         22,942,176          2,835,500          2,835,500
Utah...................................................          2,484,582            307,100            307,100
Vermont................................................            532,828             65,900            123,600
Virginia...............................................          6,834,154            844,700            844,700
Washington.............................................          6,164,810            761,900            761,900
West Virginia..........................................          1,417,859            175,200            175,200
Wisconsin..............................................          4,661,826            576,200            576,200
Wyoming................................................            454,508             56,200            123,600
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[[Page 5536]]

3. Expenditure Limitation for President

    The national party committees have an expenditure limitation for 
their general election nominee for President. 52 U.S.C. 30116(d)(2). 
The formula used to calculate the Presidential expenditure limitation 
considers not only the price index but also the total VAP of the United 
States. Id. The VAP figure used to calculate the expenditure limitation 
was certified by the U.S. Census Bureau. The VAP of the United States 
is also published annually in the Federal Register by the U.S. 
Department of Commerce. 11 CFR 110.18. The formula used to calculate 
this expenditure limitation is $0.02 multiplied by the total VAP of the 
United States (262,083,034), multiplied by the difference in the price 
index, 6.17976. See 52 U.S.C. 30116(c)(1)(B), (d)(2); 11 CFR 
109.32(a)(2), 110.17. Amounts are rounded to the nearest $100. 52 
U.S.C. 30116(c)(1)(B)(iii); 11 CFR 109.32(a)(2), 110.17(c). Based upon 
this formula, the expenditure limitation for 2024 Presidential nominees 
is $32,392,200.

Limitations on Contributions by Individuals, Non-Multicandidate 
Committees and Certain Political Party Committees Giving to U.S. Senate 
Candidates for the 2023-2024 Election Cycle

    For the convenience of the readers, the Commission is also 
republishing the contribution limitations for individuals, non-
multicandidate committees and for certain political party committees 
giving to U.S. Senate candidates and national party committees for the 
2023-2024 election cycle:

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        Statutory provision          Statutory amount   2023-2024 limit
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52 U.S.C. 30116(a)(1)(A)..........             $2,000             $3,300
52 U.S.C. 30116(a)(1)(B)..........             25,000             41,300
52 U.S.C. 30116(h)................             35,000             57,800
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Lobbyist Bundling Disclosure Threshold for 2024

    The Act requires certain political committees to disclose 
contributions bundled by lobbyists/registrants and lobbyist/registrant 
political action committees once the contributions exceed a specified 
threshold amount. 52 U.S.C. 30104(i)(1), (i)(3)(A). The Commission must 
adjust this threshold amount annually to account for inflation. 52 
U.S.C. 30104(i)(3)(B). The disclosure threshold is increased by 
multiplying the $15,000 statutory disclosure threshold by 1.51143, the 
difference between the price index, as certified to the Commission by 
the Secretary of Labor, for the 12 months preceding the beginning of 
the calendar year and the price index for the base period (calendar 
year 2006). See 52 U.S.C. 30104(i)(3), 30116(c)(1)(B); 11 CFR 
104.22(g). The resulting amount is rounded to the nearest multiple of 
$100. 52 U.S.C. 30104(i)(3)(B), 30116(c)(1)(B)(iii); 11 CFR 
104.22(g)(4). Based upon this formula ($15,000 x 1.51143), the lobbyist 
bundling disclosure threshold for calendar year 2024 is $22,700.

    On behalf of the Commission.

    Dated: January 23, 2024.
Sean J. Cooksey,
Chairman, Federal Election Commission.
[FR Doc. 2024-01623 Filed 1-26-24; 8:45 am]
BILLING CODE 6715-01-P