New York CIty Council Member Ben Kallos

Get Big Money OUT of New York City Politics

Match Every New York City Resident’s Small Dollars

New York City’s campaign finance system matches the first $175 of contributions from residents by 6 to 1 and gives participating candidates a partial public matching grant of up to 55% of the spending limit in competitive races. This leaves more than 1/3 of the funds outstanding between the public matching grant and the spending limit, which must be reached to be competitive. The “big dollar gap” for Mayor is $2.5 million.

Introduction 732 by Council Members Kallos, Lander, and Cabrera, increases the public matching grant from an arbitrary partial match of 55% to a full match. Every small dollar raised from city residents would be matched 6 to 1. Candidates could still raise contributions of $4,950 for Mayor, but would be incentivized to seek small donations from many more residents by matching every small dollar.

  • Reduce Big Money by filling the “big dollar gap” with small dollars matched with a full public matching grant.
  • Increase the Number of Small Donors by a minimum of 50% for candidates seeking a full public matching grant.

I support matching every small dollar to get big money out of city politics.

Petition Signature

2454 signatures