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For Immediate Release
June 30, 2003
Contact: Kelly Huff
Ron Harris
Bob Biersack
Ian Stirton
WASHINGTON – Each of the two major political party’s convention committees will receive $14,592,000 from the U.S. Treasury for planning and conducting their respective 2004 presidential nominating conventions. The 2004 Democratic National Convention Committee, Inc. will hold its convention in Boston, MA, from July 26-29, 2004. The Committee on Arrangements for the 2004 Republican National Convention will have its convention in New York, NY, August 30 – September 2, 2004.

The Federal Election Commission has certified that the two convention committees have met all eligibility requirements and the Commission today sent letters to the Secretary of the Treasury, requesting that the payments be made.

Federal election law permits all eligible national committees of major and minor parties to receive public funds to pay the official costs of their presidential nominating conventions. Each major party convention committee is entitled to receive $4 million*, plus an adjustment for inflation (since 1974). The payments for each major party convention historically have been:

2000 - $ 13,512,000

1988 - $ 9,220,000

1996 - $ 12,364,000

1984 - $ 8,080,000

1992 - $ 11,048,000

1980 - $ 4,416,000


1976 - $ 2,182,000

Initial payments are made by the U.S. Treasury on or after July 1 of the year preceding the presidential election. Payments for an additional cost-of-living adjustment will be made in 2004. In exchange for public funding of the conventions, committees agree to certain requirements, including spending limits, the filing of periodic disclosure reports, and detailed audits.

The public funding portion of presidential elections is financed by the Presidential Election Campaign Fund, which receives funds through dollars voluntarily "checked off" by taxpayers on federal income tax forms.



*Originally, the limit was $2 million, plus COLA. That figure was increased to $3 million, plus COLA, for the 1980 conventions and to $4 million, plus COLA, for the 1984 conventions.