Q&A
CFB's authority to withhold matching funds
0:46:19
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84 sec
Council Member Restler and Paul Seamus Ryan discuss the CFB's authority to withhold matching funds from candidates, including reasons for complete withholding and partial matching.
- The CFB has full authority to withhold all matching funds for a candidate at the December 16th disbursement for various reasons
- Reasons for withholding can include failure to file required disclosure reports or meet other eligibility criteria
- The CFB may also provide partial matching of public funds if some contributions meet eligibility requirements while others are still in question
- The process allows for flexibility in addressing different levels of compliance and responsiveness from campaigns
Lincoln Restler
0:46:19
finer point on one of your earlier statements, the board has the full authority to withhold all matching funds for a candidate at the December, 16th disbursement.
Paul Seamus Ryan
0:46:32
Yeah.
0:46:33
For a a bunch of different reasons.
0:46:34
There there are, sort of more routine, and there are more complicated or less common reasons that the board would hold public funds completely.
0:46:45
For example, you're all required to file everyone is applying for public funds file a disclosure statement with the conflict of interest board.
0:46:53
For the early payments, December, January, that's a partial COIB disclosure report for the 1st 9 months of this calendar year, 2024.
0:47:02
If campaigns have not did not file that disclosure report with the COIB, which then sends us a list, that's a hard and fast eligibility requirement to get paid on December 16th.
0:47:12
If that wasn't filed and we were not alerted to that by November 22nd, you're not getting any public funds on December 16th.
0:47:15
November 22nd, you're not getting any public funds on December 16th.
0:47:18
And that's one of many different specific required criteria that could render a campaign completely ineligible to receive public funds on the 16th.
0:47:23
And then, again, at the more granular level, it will be the funds on 16th.
0:47:28
And then, again, at the more granular level, it will be the case that there are campaigns that get partial match of public funds.
0:47:35
They don't get matched to every contribution they're asking for, that they've submitted because we have questions about the eligibility for match, but they will get some public funds because they met
Lincoln Restler
0:47:43
the other baseline requirements.
