(a)
For purposes of Government Code Section
83124
, beginning the year 2002 the cost of living adjustment shall be calculated as follows.
(1)
The contribution limitations in Government Code Sections
85301
,
85302
and
85303
shall be adjusted biennially by the Commission to reflect changes in the California Consumer Price Index (CPI). The adjustments shall be made using the following formula: the contribution limit amount in effect January 1, 2001, multiplied by the annual CPI, divided by the base CPI from 2000, rounded to the nearest one hundred dollars ($100).
i
The resulting figure shall be the adjusted contribution limitation in effect for all state elections held until the next odd numbered year.
(2)
The voluntary expenditure ceilings in Government Code Section
85400
shall be adjusted biennially by the Commission to reflect changes in the California Consumer Price Index. The adjustment shall be made using the following formula: the voluntary expenditure ceiling amount in effect January 1, 2001, multiplied by the annual CPI, divided by the base CPI from 2000, rounded to the nearest one thousand dollars ($1,000).
ii
The resulting figure shall be the adjusted voluntary expenditure limitation in effect for all state elections held until the next odd numbered year.
(b)
For purposes of Government Code Section
85316
(b)
, beginning the year 2006 the cost of living adjustment shall be calculated as follows.
(1)
The contribution limitation shall be adjusted biennially by the Commission to reflect changes in the California Consumer Price Index (CPI). The adjustment shall be made using the following formula: the contribution limit amount in effect January 1, 2007, multiplied by the annual CPI, divided by the base CPI from 2006, rounded to the nearest one hundred dollars ($100). The resulting figure shall be the adjusted contribution limitation in effect for all state officeholders until the next odd numbered year.
(c)
The adjustments shall be based upon the Department of Finance Consumer Price Index Forecast, May Revise, annual California Consumer Price Index for All Urban Consumers, for the calendar year immediately preceding the year in which the adjustment is to take effect.
__________
i
For example, the annual average California CPI for All Urban Consumers for 2000 is 174.8. In 2002, the California CPI increased to 187.4. Therefore an adjusted contribution limit beginning in 2003 that was $3,000 would be calculated as follows:
|
$3,000
x
187.4
|
= $3,216 ($3,200 rounded to the nearest $100)
|
|
174.8
|
|
ii
For example, the annual average California CPI for All Urban Consumers for 2000 is 174.8. In 2002, the California CPI increased to 187.4. Therefore an adjusted expenditure ceiling beginning in 2003 that was $400,000 would be calculated as follows:
|
$400,000
x
187.4
|
= $428,833 ($429,000 rounded to the nearest $1,000)
|
|
174.8
|
|
Source
1. New section filed 10-4-2002; operative 10-4-2002. Submitted to OAL for filing pursuant to Fair Political Practices Commission v. Office of Administrative Law, 3 Civil C010924, California Court of Appeal, Third Appellate District, nonpublished decision, April 27, 1992 (FPPC regulations only subject to 1974 Administrative Procedure Act rulemaking requirements and not subject to procedural or substantive review by OAL) (Register 2002, No. 40).
2. New subsections (b)-(b)(1) and subsection relettering filed 1-19-2007 as an emergency; operative 1-19-2007. A Certificate of Compliance must be transmitted by OAL by 5-21-2007 or emergency language will be repealed by operation of law on the following day. Submitted to OAL for filing pursuant to Fair Political Practices Commission v. Office of Administrative Law, 3 Civil C010924, California Court of Appeal, Third Appellate District, nonpublished decision, April 27, 1992 (FPPC regulations only subject to 1974 Administrative Procedure Act rulemaking requirements) (Register 2007, No. 3).
3. Reinstatement of section as it existed prior to 1-19-2007 emergency amendment by operation of Government Code section
11346.1
(f)
(Register 2007, No. 26).
4. Amendment of section and NOTE filed 7-3-2007; operative 8-2-2007. Submitted to OAL for filing pursuant to Fair Political Practices Commission v. Office of Administrative Law, 3 Civil C010924, California Court of Appeal, Third Appellate District, nonpublished decision, April 27, 1992 (FPPC regulations only subject to 1974 Administrative Procedure Act rulemaking requirements and not subject to procedural or substantive review by OAL) (Register 2007, No. 27).
5. Amendment of subsection (c) filed 12-1-2016; operative 12-31-2016 pursuant to Cal. Code Regs. tit. 2, section
18312
(e)
. Submitted to OAL for filing pursuant to Fair Political Practices Commission v. Office of Administrative Law, 3 Civil C010924, California Court of Appeal, Third Appellate District, nonpublished decision, April 27, 1992 (FPPC regulations only subject to 1974 Administrative Procedure Act rulemaking requirements and not subject to procedural or substantive review by OAL) (Register 2016, No. 49).
History
1. New section filed 10-4-2002; operative 10-4-2002. Submitted to OAL for filing pursuant to Fair Political Practices Commission v. Office of Administrative Law, 3 Civil C010924, California Court of Appeal, Third Appellate District, nonpublished decision, April 27, 1992 (FPPC regulations only subject to 1974 Administrative Procedure Act rulemaking requirements and not subject to procedural or substantive review by OAL) (Register 2002, No. 40).
2. New subsections (b)-(b)(1) and subsection relettering filed 1-19-2007 as an emergency; operative 1-19-2007. A Certificate of Compliance must be transmitted by OAL by 5-21-2007 or emergency language will be repealed by operation of law on the following day. Submitted to OAL for filing pursuant to Fair Political Practices Commission v. Office of Administrative Law,3 Civil C010924, California Court of Appeal, Third Appellate District, nonpublished decision, April 27, 1992 (FPPC regulations only subject to 1974 Administrative Procedure Act rulemaking requirements) (Register 2007, No. 3).
3. Reinstatement of section as it existed prior to 1-19-2007 emergency amendment by operation of Government Code section
11346.1
(f)
(Register 2007, No. 26).
4. Amendment of section and Note filed 7-3-2007; operative 8-2-2007. Submitted to OAL for filing pursuant to Fair Political Practices Commission v. Office of Administrative Law, 3 Civil C010924, California Court of Appeal, Third Appellate District, nonpublished decision, April 27, 1992 (FPPC regulations only subject to 1974 Administrative Procedure Act rulemaking requirements and not subject to procedural or substantive review by OAL) (Register 2007, No. 27).
5. Amendment of subsection (c) filed 12-1-2016; operative
12/31/2016
pursuant to Cal. Code Regs. tit. 2, section
18312
(e)
. Submitted to OAL for filing pursuant to Fair Political Practices Commission v. Office of Administrative Law, 3 Civil C010924, California Court of Appeal, Third Appellate District, nonpublished decision, April 27, 1992 (FPPC regulations only subject to 1974 Administrative Procedure Act rulemaking requirements and not subject to procedural or substantive review by OAL) (
Register 2016, No. 49
).