§ 10-324. Collecting qualifying contributions.

(a)

Before raising any contribution governed by this Division, an applicant candidate shall:

(1)

file notice of intent with the State Board in the manner that the State Board requires; and

(2)

establish a citizen funded campaign account.

(b)

Contribution limits.

(1)

Except as otherwise provided in Subsection (b)(2), an applicant candidate shall not accept:

(A)

eligible contributions of more than Two Hundred Fifty Dollars ($250) in the aggregate during an election cycle;

(B)

or a loan.

(2)

An applicant candidate may accept up to Six Thousand Dollars ($6,000) from:

(A)

the applicant candidate; or

(B)

a spouse.

(c)

Consumer Price Index adjustment.

(1)

The contribution limit specified in Subsection (b)(1) shall be adjusted for the next election cycle on July 1, 2026, and July 1 of each subsequent fourth year by the increase in the Consumer Price Index for the previous four (4) calendar years, rounded up to the next Ten Dollars ($10).

(2)

The Director shall publish this amount not later than the January 1 after an adjustment is made.

(CB-99-2018)