Limit campaign contributions to $40,000 for candidates who receive public matching funds
In Plain English
Richmond offers public matching funds to help candidates run for city office. Currently, candidates who accept these public funds face no limit on private donations they can also receive. The new rule creates a $40,000 cap on total private contributions for any candidate who takes public matching money.
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Votes
Motion · Official minutes
Adopt Ordinance No. 7-12
4 aye · 3 nay
Why This Vote Matters
Richmond will now limit private campaign contributions to $40,000 for candidates who accept public matching funds. In a divided 4-3 vote, the council approved new rules that cap how much private money publicly-funded candidates can raise, with Councilmembers Bates, Boozé, and Vice Mayor Rogers dissenting. Previously, candidates could collect unlimited private donations even while receiving taxpayer-funded campaign assistance. The change aims to reduce the influence of large donors on candidates who benefit from public financing.
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Related agenda records
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Campaign Finance Ordinance Amendment
Election Campaign Matching Funds Ordinance
Ordinance amending Chapter 2.43 RMC for public funding of candidates
Ordinance amending Chapter 2.43 of the Richmond Municipal Code
Amendment to Richmond Municipal Code Chapter 2.38 regarding campaign contributions