A. A certified candidate may accept monetary or in-kind contributions from a political party; provided that the aggregate amount of such contributions from all political party committees combined does not exceed the equivalent of ten percent of the value of that candidate's aggregate public financing per election cycle.
B. All in-kind contributions from a political party distributed to certified candidates shall be used for campaign-related purposes.
C. Nothing in this section shall prevent political party funds from being used for general operating expenses of the party; conventions; nominating and endorsing candidates; identifying, researching and developing the party's position on issues; party platform activities; noncandidate-specific voter registration; noncandidate-specific get-out-the-vote drives; travel expenses for noncandidate party leaders and staff; and other noncandidate-specific party building activities.
History: Laws 2003, ch. 14, § 8.
Effective dates. — Laws 2003, ch. 14, § 23 made the act effective July 1, 2003.
Structure New Mexico Statutes
Section 1-19A-1 - Short title.
Section 1-19A-2 - Definitions.
Section 1-19A-3 - Terms of participation; declaration of intent.
Section 1-19A-4 - Qualifying contributions.
Section 1-19A-4.1 - Allowable contributions.
Section 1-19A-6 - Certification.
Section 1-19A-8 - Political party expenditures; contributions to certified candidates.
Section 1-19A-9 - Candidate reporting requirements.
Section 1-19A-10 - Public election fund; creation; use.
Section 1-19A-11 - Determination of fund amount.
Section 1-19A-12 - Timing of fund distribution.
Section 1-19A-13 - Amount of fund distribution.
Section 1-19A-15 - Administration; secretary of state; duties.