Expenditures made by any individual or political committee for or on behalf of the nomination or election of any candidate or candidates for or on behalf of any question to be submitted to vote at a public election, in an aggregate amount not exceeding $50 during any calendar year shall not be deemed a “contribution other than of money,” and any individual or political committee, by the fact of any such expenditures alone, shall not be required to comply with the provisions of sections 14-102 and 14-118 of the Election Law.