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New Jersey: escalator in campaign contributions stopped

AP reports: Acting Gov. Richard J. Codey took a small step toward initiating campaign finance reform on Wednesday by signing a law freezing contributions to political organizations at their current levels.

The measure ends automatic, upward adjustments to contribution limits every four years, and instead provides for the Election Law Enforcement Commission to suggest changes to the Legislature. ...

The new law excludes contributions to individual candidates or their committees, because such donations help boost candidates' independence and encourage a broader field of candidates, Codey said. -- AP Wire | 12/15/2004 | Codey signs law limiting campaign contributions