Bill 070044

..Title Amending Chapter 20-1000 of The Philadelphia Code, entitled "Political Contributions and Expenditures," by providing that if a candidate for Mayor makes contributions of his or her own resources in excess of a specified amount to his or her own campaign, then no contribution limits will apply to candidates for Mayor, provided that contributions that otherwise would have been prohibited must be immediately reported to the City Commissioners and the Board of Ethics; all under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Chapter 20-1000 of The Philadelphia Code is hereby amended to read as follows: CHAPTER 20-1000. POLITICAL CONTRIBUTIONS AND EXPENDITURES. * * * §20-1002. Contribution Limitations. * * * (6) The limitations imposed by this Chapter shall not apply to contributions from a candidate's personal resources to the candidate's candidate political committee ("Candidate's Own Contributions"). (a) [However, if such contributions] If a Candidate's Own Contributions total $250,000 or more (regardless of the time period over which such contributions are made), then the contribution limits set forth in this Section for all other candidates for that City elective office shall double. (b) With respect to candidates for Mayor only, if a Candidate's Own Contributions total more than $2,000,000 (regardless of the time period over which such contributions are made), then no contribution limits shall apply to candidates for Mayor, notwithstanding any other provision of this Section, provided that any contribution that would have been prohibited but for this subsection (6)(b) must be reported to the City Commissioners and the Board of Ethics within twenty-four (24) hours of receipt. SECTION 2. This ordinance shall take effect immediately. ..End 2