Prohibits lobbyists, political action committees and labor unions and certain persons registered with the state board of elections from making loans to candidates or political committees.
STATE OF NEW YORK
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918--A
Cal. No. 312
2017-2018 Regular Sessions
IN SENATE
January 5, 2017
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Introduced by Sens. CROCI, AKSHAR, SERINO -- read twice and ordered
printed, and when printed to be committed to the Committee on
Elections -- reported favorably from said committee, ordered to first
and second report, ordered to a third reading, amended and ordered
reprinted, retaining its place in the order of third reading
AN ACT to amend the election law, in relation to prohibiting certain
loans to be made to candidates or political committees
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 6 of section 14-114 of the election law is
2 amended by adding a new paragraph c to read as follows:
3 c. Lobbyists, as defined by subdivision a of section one-c of the
4 legislative law or by subdivision a of section 3-211 of the New York
5 city administrative code, political action committees, labor unions, and
6 any person who has registered with the state board of elections pursuant
7 to subdivision three of section 14-107 of this article are prohibited
8 from making loans to candidates or political committees.
9 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD01735-02-7
