RELATING TO PARTIAL PUBLIC FINANCING OF ELECTIONS.

HB 308 increases the amount of public matching funds provided to candidates in the state's partial public financing program. It specifically raises the matching rate for contributions exceeding a set threshold ("excess qualifying contributions") made by individual donors. This change directly affects qualifying candidates running for office who receive small-dollar donations from voters. The bill modifies the existing program's funding mechanism without altering eligibility rules or adding new requirements.