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ELEC to hold public hearing to review 2009 Gubernatorial Public Financing Program

by: Jason Springer

Mon Apr 19, 2010 at 05:00:00 PM EDT



ELEC has announced they will hold a public hearing tomorrow to review this past election in regards to public financing:
A public hearing is scheduled to commence at 11:15 a.m. concerning administration of the 2009 New Jersey Gubernatorial Public Financing Program. The hearing will be conducted as part of the Commission's review and analysis of the public financing program and is intended to obtain witnesses' recommendations for statutory and regulatory changes.
Currently, the state's public campaign financing program provides 2-to-1 matching funds for candidates who raise more than $340,000 and agree to limit their spending to $10.9 million in the general election.

In the past election, Jon Corzine opted out while Chris Daggett and Chris Christie participated and received public funding. Christie received the maximum of $3.1 million in the primary. During the campaign, Daggett suggested a "luxury tax" on gubernatorial campaign spending over certain levels. If you have anything to say regarding the future of public financing in New Jersey, this may be a good opportunity as they look back. What suggested changes would you have for the commission?

Jason Springer :: ELEC to hold public hearing to review 2009 Gubernatorial Public Financing Program
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