§ 14-204. Limits on public financing. The following limitations apply
to the total amounts of public funds that may be provided to a
participating candidate's authorized committee for an election cycle:

1. In any primary election, receipt of public funds by participating
candidates and by their participating committees shall not exceed:

(a) for Governor $3,500,000

(b) for Lieutenant Governor, Attorney General or Comptroller $3,500,000

(c) for State Senator $375,000

(d) for Member of the Assembly $175,000

2. In any general or special election, receipt of public funds by a
participating candidate's authorized committees shall not exceed:

(a) for Governor and Lieutenant Governor (combined) $3,500,000

(b) for Attorney General $3,500,000

(c) for Comptroller $3,500,000

(d) for State Senator $375,000

(e) for Member of the Assembly $175,000

3. No participating candidate for nomination for an office who is not
opposed by a candidate on the ballot in a primary election shall be
entitled to payment of public matching funds, except that, where there
is a contest in such primary election for the nomination of at least one
of the two political parties with the highest and second highest number
of enrolled members for such office, a participating candidate who is
unopposed in the primary election may receive public funds before the
primary election, for expenses incurred on or before the date of such
primary election, in an amount equal to up to half the sum set forth in
paragraph one of this section.

4. Nothing in this section shall be construed to limit the amount of
private funds a candidate may receive subject to the contribution limits
contained in section 14-114 of this article. Any contributions so
received which are not expended in the general election may be applied
to the next covered election for an office for which such candidate
seeks nomination or election.

5. A candidate only on the ballot in one or more primary elections in
which the number of persons eligible to vote for party nominees in each
such election totals fewer than one thousand shall not receive public
funds in excess of five thousand dollars for qualified campaign
expenditures in such election or elections. For the purposes of this
section, the number of persons eligible to vote for party nominees in a
primary election shall be as determined by the state board of elections
for the calendar year of the primary election. A candidate for office on
the ballot in more than one primary for such office, shall be deemed,
for purposes of this recommendation, to be a single candidate.