The Pennsylvania Supreme Court still hasn't decided whether Philadelphia's campaign finance law is valid, so for right now, the law remains intact.
And that means as soon as the new year hits, so do new campaign contribution limits.
A lengthy section of the four-year-old ordinance details how the limits must be adjusted for the 2008 calendar year, and every four years afterward.
Right now the caps limit individual donations to $2,500 a year, and poltiical committees to $10,000. How will that change?
"The Finance Director must calculate the CPI Multiplier by dividing the average consumer price index for Philadelphia during the then-calendar year (2007 for this first calculation) by the average consumer price index for Philadelphia during calender year 2005."
Huh? There's some other nitty-gritty detail in the calculation as well.
To get to the bottom of this and find out what the actual limits will be that will govern the new caps that Mayor-Elect Michael Nutter and others will have to abide by, stay tuned for an answer from the city finance department.
The Philadelphia Board of Ethics, seeing its charge as overseeing the city ordinance, has requested that the new caps be determined, and shared, by the Dec. 15 deadline that is set out in the law.
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