Legacy financing is money that were elevated inside an earlier election period however, were not employed for promotion expenditures
“Little inside part is going to be translated to need a candidate who retains money raised through the any earlier in the day election duration in order to forfeit for example money. Finance elevated while in the a past election years is generally chose and you can employed by the new applicant into candidate’s campaign within the next election course however, finance will perhaps not qualify for rewarding the latest threshold for participating in the general public venture funds system established in so it term neither should it meet the requirements is matched.”