83 FR 6022 - Price Index Adjustments for Expenditure Limitations and Lobbyist Bundling Disclosure Threshold
FEDERAL ELECTION COMMISSION Federal Register Volume 83, Issue 29 (February 12, 2018)
Federal Register Volume 83, Issue 29 (February 12, 2018)
| Page Range | 6022-6024 | |
| FR Document | 2018-02163 |
[Federal Register Volume 83, Number 29 (Monday, February 12, 2018)] [Notices] [Pages 6022-6024] From the Federal Register Online [www.thefederalregister.org] [FR Doc No: 2018-02163] ======================================================================= ----------------------------------------------------------------------- FEDERAL ELECTION COMMISSION [NOTICE 2018-03] 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. ----------------------------------------------------------------------- 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: These adjustments are applicable January 1, 2018. FOR FURTHER INFORMATION CONTACT: Ms. Elizabeth S. Kurland, Information Division, 999 E Street NW, Washington, DC 20463; (202) 694-1100 or (800) 424-9530. SUPPLEMENTARY INFORMATION: Under the Federal Election Campaign Act, 52 U.S.C. 30101-46, coordinated party expenditure limits (52 U.S.C. 30116(d)(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), 30116(c); 11 CFR 109.32, 110.17(a), (f). The Commission is publishing this notice to announce the adjusted limits and disclosure threshold for 2018. Coordinated Party Expenditure Limits for 2018 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. 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 (4.97135), 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 2018 general elections for House candidates in these states, districts, and territories is $49,700. --------------------------------------------------------------------------- \1\ Currently, these are the Commonwealth of Puerto Rico, and the territories of American Samoa, Guam, the United States Virgin Islands and the Northern Mariana Islands. See http://www.house.gov/representatives. --------------------------------------------------------------------------- 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 6023]] greater of: The base figure ($20,000) multiplied by the difference in the price index, 4.97135 (which totals $99,400); or $0.02 multiplied by the VAP of the state, multiplied by 4.97135. Amounts are rounded to the nearest $100. See 52 U.S.C. 30116(c)(1)(B), (d)(3)(A); 11 CFR 109.32(b), 110.17. The chart below provides the state-by-state breakdown of the 2018 general election expenditure limitation for Senate elections. The expenditure limitation for 2018 House elections in states with only one congressional district \2\ is $99,400. --------------------------------------------------------------------------- \2\ Currently, these states are: Alaska, Delaware, Montana, 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, the Commonwealth of Puerto Rico, and the territories of American Samoa, Guam, the United States Virgin Islands, and the Northern Mariana Islands. See 52 U.S.C. 30116(d)(3)(A); 11 CFR 109.32(b)(2)(i). Senate General Election Coordinated Expenditure Limits--2018 Elections \3\ -------------------------------------------------------------------------------------------------------------------------------------------------------- Senate expenditure limit State Voting age population (VAP) VAP x .02 x the price index (the greater of the amount (4.97135) in column 3 or $99,400) -------------------------------------------------------------------------------------------------------------------------------------------------------- Alabama....................................................... 3,779,274 $375,800 $375,800 Alaska........................................................ 554,867 55,200 99,400 Arizona....................................................... 5,382,780 535,200 535,200 Arkansas...................................................... 2,298,739 228,600 228,600 California.................................................... 30,476,517 3,030,200 3,030,200 Colorado...................................................... 4,345,321 432,000 432,000 Connecticut................................................... 2,844,358 282,800 282,800 Delaware...................................................... 757,455 75,300 99,400 Florida....................................................... 16,782,417 1,668,600 1,668,600 Georgia....................................................... 7,914,681 786,900 786,900 Hawaii........................................................ 1,121,794 111,500 111,500 Idaho......................................................... 1,273,151 126,600 126,600 Illinois...................................................... 9,904,838 984,800 984,800 Indiana....................................................... 5,093,409 506,400 506,400 Iowa.......................................................... 2,413,764 240,000 240,000 Kansas........................................................ 2,200,585 218,800 218,800 Kentucky...................................................... 3,443,650 342,400 342,400 Louisiana..................................................... 3,575,930 355,500 355,500 Maine......................................................... 1,083,273 107,700 107,700 Maryland...................................................... 4,704,671 467,800 467,800 Massachusetts................................................. 5,489,864 545,800 545,800 Michigan...................................................... 7,785,662 774,100 774,100 Minnesota..................................................... 4,277,949 425,300 425,300 Mississippi................................................... 2,270,533 225,800 225,800 Missouri...................................................... 4,730,561 470,300 470,300 Montana....................................................... 821,604 81,700 99,400 Nebraska...................................................... 1,444,343 143,600 143,600 Nevada........................................................ 2,312,576 229,900 229,900 New Hampshire................................................. 1,084,022 107,800 107,800 New Jersey.................................................... 7,026,626 698,600 698,600 New Mexico.................................................... 1,599,980 159,100 159,100 New York...................................................... 15,694,902 1,560,500 1,560,500 North Carolina................................................ 7,971,073 792,500 792,500 North Dakota.................................................. 579,621 57,600 99,400 Ohio.......................................................... 9,053,374 900,100 900,100 Oklahoma...................................................... 2,971,579 295,500 295,500 Oregon........................................................ 3,269,157 325,000 325,000 Pennsylvania.................................................. 10,141,022 1,008,300 1,008,300 Rhode Island.................................................. 852,307 84,700 99,400 South Carolina................................................ 3,919,695 389,700 389,700 South Dakota.................................................. 654,810 65,100 99,400 Tennessee..................................................... 5,208,482 517,900 517,900 Texas......................................................... 20,938,557 2,081,900 2,081,900 Utah.......................................................... 2,175,134 216,300 216,300 Vermont....................................................... 506,832 50,400 99,400 Virginia...................................................... 6,600,844 656,300 656,300 Washington.................................................... 5,759,927 572,700 572,700 West Virginia................................................. 1,446,139 143,800 143,800 Wisconsin..................................................... 4,512,839 448,700 448,700 Wyoming....................................................... 442,832 44,000 99,400 -------------------------------------------------------------------------------------------------------------------------------------------------------- [[Page 6024]] Limitations on Contributions by Individuals, Non-Multicandidate Committees and Certain Political Party Committees Giving to U.S. Senate Candidates for the 2017-2018 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 2017-2018 election cycle: ------------------------------------------------------------------------ Statutory Statutory provision amount 2017-2018 ---------------------------------------------------------------limit---- 52 U.S.C. 30116(a)(1)(A)................ $2,000 $2,700 52 U.S.C. 30116(a)(1)(B)................ 25,000 33,900 52 U.S.C. 30116(h)...................... 35,000 47,400 ------------------------------------------------------------------------ Lobbyist Bundling Disclosure Threshold for 2018 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), (3)(A). The Commission must adjust this threshold amount annually to account for inflation. 52 U.S.C. 30104(i)(1). The disclosure threshold is increased by multiplying the $15,000 statutory disclosure threshold by 1.21588, 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). The resulting amount is rounded to the nearest multiple of $100. See 52 U.S.C. 30104(i)(3), 30116(c)(1)(B); 11 CFR 104.22(g). Based upon this formula ($15,000 x 1.21588), the lobbyist bundling disclosure threshold for calendar year 2018 is $18,200. On behalf of the Commission. Dated: January 29, 2018. Caroline C. Hunter, Chair, Federal Election Commission. [FR Doc. 2018-02163 Filed 2-9-18; 8:45 am] BILLING CODE 6715-01-P
![6022 Federal Register / Vol. 83, No. 29 / Monday, February 12, 2018 / Notices
through cable ownership, an includes a certification by the filing 52 U.S.C. 30116(d) (the limits on
indefeasible right of use (IRU), or an entity to certify the accuracy and expenditures by national party
inter-carrier lease (ICL). completeness of its report. The committees, state party committees, or
The Commission uses the circuit Registration Form provides the means their subordinate committees in
capacity data for such purposes as by which the filing entity may request connection with the general election
analyzing international transport confidential treatment of the data filed campaign of candidates for Federal
markets in merger reviews. More in the report. office) annually to account for inflation.
importantly, these data are essential for This expenditure limitation is increased
our national security and public safety (c) Filing Manual [Section 43.82(c)] by the percent difference between the
responsibilities in regulating The Filing Manual sets forth price index, as certified to the
communications, an important linchpin instructions on how to file the reports. Commission by the Secretary of Labor,
of the Commission’s statutory authority. Federal Communications Commission. for the 12 months preceding the
Submarine cables are critical beginning of the calendar year and the
Marlene H. Dortch,
infrastructure and the circuit capacity price index for the base period (calendar
data are important for the Commission’s Secretary, Office of the Secretary.
year 1974). 52 U.S.C. 30116(c).
contributions to the national security [FR Doc. 2018–02691 Filed 2–9–18; 8:45 am]
and defense of the United States. The BILLING CODE 6712–01–P 1. Expenditure Limitation for House of
Commission uses the data, for example, Representatives in States With More
to have a complete understanding of the Than One Congressional District
ownership and use of submarine cable FEDERAL ELECTION COMMISSION Both the national and state party
capacity and to assist in the protection, committees have an expenditure
[NOTICE 2018–03]
restoration, and resiliency of the limitation for each general election held
infrastructure during national security Price Index Adjustments for to fill a seat in the House of
or public safety emergencies, such as Expenditure Limitations and Lobbyist Representatives in states with more than
hurricanes. The Department of Bundling Disclosure Threshold one congressional district. See 52 U.S.C.
Homeland Security (DHS) filed 30116(d)(3)(B). This limitation also
comments stating that it also finds this AGENCY: Federal Election Commission. applies to the District of Columbia and
information to be critical to its national ACTION:Notice of adjustments to territories that elect individuals to the
and homeland security functions, and expenditure limitations and lobbyist office of Delegate or Resident
states that this information, when bundling disclosure threshold. Commissioner.1 Id. The formula used to
combined with other data sources, is calculate the expenditure limitation in
used to protect and preserve national SUMMARY: As mandated by provisions of such states and territories multiplies the
security and for its emergency response the Federal Election Campaign Act (‘‘the base figure of $10,000 by the difference
purposes. There are no alternative Act’’), the Federal Election Commission in the price index (4.97135), rounding to
reliable third party commercial sources (‘‘the Commission’’) is adjusting certain the nearest $100. See 52 U.S.C.
for the reported data. Although some expenditure limitations and the lobbyist 30116(c)(1)(B), (d)(3)(B); 11 CFR
sources collect general capacity bundling disclosure threshold set forth 109.32(b), 110.17. Based upon this
information from cable owners, neither in the Act, to index the amounts for formula, the expenditure limitation for
the FCC nor DHS has found any inflation. Additional details appear in 2018 general elections for House
alternative sources for capacity holder the supplemental information that candidates in these states, districts, and
data. Commercial source data may follows. territories is $49,700.
include capacity information, but the DATES: These adjustments are applicable 2. Expenditure Limitation for Senate
data are not verified by company January 1, 2018. and for House of Representatives in
officials and do not include capacity States With Only One Congressional
FOR FURTHER INFORMATION CONTACT: Ms.
holder data. Although the Commission District
obtains the ownership and location of Elizabeth S. Kurland, Information
individual cables through the licensing Division, 999 E Street NW, Washington, Both the national and state party
process, distribution of a cable’s DC 20463; (202) 694–1100 or (800) 424– committees have an expenditure
capacity among providers is not 9530. limitation for a general election held to
required to be reported under our SUPPLEMENTARY INFORMATION: Under the fill a seat in the Senate or in the House
current submarine cable licensing rules Federal Election Campaign Act, 52 of Representatives in states with only
and is provided only annually through U.S.C. 30101–46, coordinated party one congressional district. See 52 U.S.C.
the Circuit Capacity Reports. Further, expenditure limits (52 U.S.C. 30116(d)(3)(A). The formula used to
the Commission’s licensing rules do not 30116(d)(3)) and the disclosure calculate this expenditure limitation
require an applicant to include the threshold for contributions bundled by considers not only the price index but
entities that have acquired capacity on lobbyists (52 U.S.C. 30104(i)(3)(A)) are also the voting age population (‘‘VAP’’)
the cable through an IRU or ICL. adjusted periodically to reflect changes of the state. Id. The VAP figures used to
in the consumer price index. See 52 calculate the expenditure limitations
(b) Registration Form [Section 43.82 (b)] U.S.C. 30104(i)(3), 30116(c); 11 CFR were certified by the U.S. Census
The Registration Form provides basic 109.32, 110.17(a), (f). The Commission Bureau. The VAP of each state is also
information about the filing and about is publishing this notice to announce published annually in the Federal
the entity itself—such as address, phone the adjusted limits and disclosure Register by the U.S. Department of
daltland on DSKBBV9HB2PROD with NOTICES
number, email address, and the threshold for 2018. Commerce. 11 CFR 110.18. The general
international Section 214 authorizations election expenditure limitation is the
and cable landing licenses held by the Coordinated Party Expenditure Limits
filer. This information will assist in for 2018 1 Currently, these are the Commonwealth of
Puerto Rico, and the territories of American Samoa,
keeping track of who holds international Under 52 U.S.C. 30116(c), the Guam, the United States Virgin Islands and the
circuit capacity and how to contact Commission must adjust the Northern Mariana Islands. See http://
them. The Registration Form also expenditure limitations established by www.house.gov/representatives.
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![6024 Federal Register / Vol. 83, No. 29 / Monday, February 12, 2018 / Notices
Limitations on Contributions by contribution limitations for individuals,
Individuals, Non-Multicandidate non-multicandidate committees and for
Committees and Certain Political Party certain political party committees giving
Committees Giving to U.S. Senate to U.S. Senate candidates and national
Candidates for the 2017–2018 Election party committees for the 2017–2018
Cycle election cycle:
For the convenience of the readers,
the Commission is also republishing the
Statutory 2017–2018
Statutory provision amount limit
52 U.S.C. 30116(a)(1)(A) ........................................................................................................................................ $2,000 $2,700
52 U.S.C. 30116(a)(1)(B) ........................................................................................................................................ 25,000 33,900
52 U.S.C. 30116(h) .................................................................................................................................................. 35,000 47,400
Lobbyist Bundling Disclosure CONTACT FOR MORE INFORMATION: Judith Board of Governors of the Federal Reserve
Threshold for 2018 Ingram, Press Officer, Telephone: (202) System, February 7, 2018.
694–1220. Ann E. Misback,
The Act requires certain political
committees to disclose contributions Secretary of the Board.
Laura E. Sinram,
bundled by lobbyists/registrants and [FR Doc. 2018–02819 Filed 2–9–18; 8:45 am]
Deputy Secretary of the Commission.
lobbyist/registrant political action [FR Doc. 2018–02945 Filed 2–8–18; 4:15 pm]
BILLING CODE P
committees once the contributions
BILLING CODE 6715–01–P
exceed a specified threshold amount. 52
U.S.C. 30104(i)(1), (3)(A). The FEDERAL RESERVE SYSTEM
Commission must adjust this threshold
amount annually to account for FEDERAL RESERVE SYSTEM Formations of, Acquisitions by, and
inflation. 52 U.S.C. 30104(i)(1). The Mergers of Bank Holding Companies
disclosure threshold is increased by Change in Bank Control Notices;
Acquisitions of Shares of a Bank or The companies listed in this notice
multiplying the $15,000 statutory have applied to the Board for approval,
disclosure threshold by 1.21588, the Bank Holding Company
pursuant to the Bank Holding Company
difference between the price index, as The notificants listed below have Act of 1956 (12 U.S.C. 1841 et seq.)
certified to the Commission by the applied under the Change in Bank (BHC Act), Regulation Y (12 CFR part
Secretary of Labor, for the 12 months Control Act (12 U.S.C. 1817(j)) and 225), and all other applicable statutes
preceding the beginning of the calendar § 225.41 of the Board’s Regulation Y (12 and regulations to become a bank
year and the price index for the base CFR 225.41) to acquire shares of a bank holding company and/or to acquire the
period (calendar year 2006). The or bank holding company. The factors assets or the ownership of, control of, or
resulting amount is rounded to the that are considered in acting on the the power to vote shares of a bank or
nearest multiple of $100. See 52 U.S.C. notices are set forth in paragraph 7 of bank holding company and all of the
30104(i)(3), 30116(c)(1)(B); 11 CFR the Act (12 U.S.C. 1817(j)(7)). banks and nonbanking companies
104.22(g). Based upon this formula The notices are available for owned by the bank holding company,
($15,000 × 1.21588), the lobbyist immediate inspection at the Federal including the companies listed below.
bundling disclosure threshold for Reserve Bank indicated. The notices The applications listed below, as well
calendar year 2018 is $18,200. also will be available for inspection at as other related filings required by the
On behalf of the Commission. the offices of the Board of Governors. Board, are available for immediate
Dated: January 29, 2018. Interested persons may express their inspection at the Federal Reserve Bank
Caroline C. Hunter, views in writing to the Reserve Bank indicated. The applications will also be
Chair, Federal Election Commission. indicated for that notice or to the offices available for inspection at the offices of
[FR Doc. 2018–02163 Filed 2–9–18; 8:45 am] of the Board of Governors. Comments the Board of Governors. Interested
BILLING CODE 6715–01–P must be received not later than March persons may express their views in
5, 2018. writing on the standards enumerated in
A. Federal Reserve Bank of St. Louis the BHC Act (12 U.S.C. 1842(c)). If the
FEDERAL ELECTION COMMISSION (David L. Hubbard, Senior Manager) proposal also involves the acquisition of
P.O. Box 442, St. Louis, Missouri a nonbanking company, the review also
Sunshine Act Meeting 63166–2034. Comments can also be sent includes whether the acquisition of the
electronically to nonbanking company complies with the
FEDERAL REGISTER CITATION NOTICE OF
Comments.applications@stls.frb.org: standards in section 4 of the BHC Act
PREVIOUS ANNOUNCEMENT: 83 FR 4657.
1. Allen D. Soffer, as Trustee of the (12 U.S.C. 1843). Unless otherwise
daltland on DSKBBV9HB2PROD with NOTICES
PREVIOUSLY ANNOUNCED TIME AND DATE OF Donald G. Soffer 1995 Decanted Family noted, nonbanking activities will be
THE MEETING: Tuesday, February 6, 2018 Trust dated January 29, 2018, St. Louis, conducted throughout the United States.
at 10:00 a.m. Missouri; to acquire shares of St. Louis Unless otherwise noted, comments
CHANGES IN THE MEETING:This meeting Bancshares, Inc., Town & Country, regarding each of these applications
was continued on Thursday, February 8, Missouri, and thereby indirectly acquire must be received at the Reserve Bank
2018. shares of Saint Louis Bank, Town and indicated or the offices of the Board of
* * * * * Country, Missouri. Governors not later than March 9, 2018.
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Document Created: 2018-11-01 08:41:57
Document Modified: 2018-11-01 08:41:57
| Category | Regulatory Information | |
| Collection | Federal Register | |
| sudoc Class | AE 2.7: GS 4.107: AE 2.106: | |
| Publisher | Office of the Federal Register, National Archives and Records Administration | |
| Section | Notices | |
| Action | Notice of adjustments to expenditure limitations and lobbyist bundling disclosure threshold. | |
| Dates | These adjustments are applicable January 1, 2018. | |
| Contact | Ms. Elizabeth S. Kurland, Information Division, 999 E Street NW, Washington, DC 20463; (202) 694-1100 or (800) 424-9530. | |
| FR Citation | 83 FR 6022 |
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