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S04897 Summary:

BILL NOS04897
 
SAME ASNo same as
 
SPONSORKLEIN
 
COSPNSRCARLUCCI, SAVINO, VALESKY
 
MLTSPNSR
 
Rpld S6-120, S14-114 sub 6, sub 10 b, S14-124 sub 3, amd El L, generally; add S359-gg, Gen Bus L; add S99-v, amd S95, St Fin L; add S630-d, Tax L
 
Enacts the "integrity in elections act of 2013"; requires the majority vote of the entire party committee for the jurisdiction in which a candidate for public office is running, in order to nominate such candidate as the party candidate; prohibits the transfer of funds between a candidate and committees not formed for the purposes of such candidate; limits independent expenditures for political purposes; limits contributions to $2,600 to any single candidate during an election cycle; enacts the campaign finance reform to provide for matching funds for the campaigns of state elected officials; authorizes the imposition of an additional surcharge on recoveries for fraudulent practices regarding stocks, bonds and other securities; establishes the New York state campaign finance fund; authorizes transfers from the abandoned property fund to such campaign finance fund; provides for a New York state campaign finance fund check-off.
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