Authorizes the treasurer of a political committee to freeze campaign funds upon indictment of a state or local public official and pending disposition or resolution by adjudication.
STATE OF NEW YORK
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2233
2011-2012 Regular Sessions
IN ASSEMBLY
January 14, 2011
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Introduced by M. of A. RABBITT -- read once and referred to the Commit-
tee on Election Law
AN ACT to amend the election law, in relation to authorizing the treas-
urer of a political committee to freeze funds upon indictment of a
state or local public official
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 14-118 of the election law is amended by adding a
2 new subdivision 4 to read as follows:
3 4. Upon the indictment of a state or local public official and pending
4 a disposition or a resolution by adjudication, the treasurer shall
5 freeze all funds located in the account or accounts of the candidate or
6 committee in the designated depository. If such public official is
7 convicted and consequently removed from public office, such funds shall
8 be refunded to all known donors. Any remaining funds shall be released
9 to the appropriate county board of elections for the purpose of offset-
10 ting the cost of a special election, to be held for the purpose of
11 electing a successor for the vacant position. If a public official is
12 acquitted of all charges or such charges are dismissed, the treasurer
13 shall remove the freeze on such funds and shall release such funds to
14 the committee.
15 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD03910-01-1
