STATE OF NEW YORK
________________________________________________________________________
11676
IN ASSEMBLY
September 2, 2026
___________
Introduced by COMMITTEE ON RULES -- (at request of M. of A. Yeger) --
read once and referred to the Committee on Election Law
AN ACT to amend the election law, in relation to prohibiting digital
currency contributions
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The opening paragraph of subdivision 9 of section 14-100 of
2 the election law, as amended by chapter 70 of the laws of 1983, is
3 amended and a new paragraph (b) is added to read as follows:
4 (a) "contribution" means:
5 (b) "contribution" shall not include digital currency.
6 § 2. Section 14-100 of the election law is amended by adding a new
7 subdivision 18 to read as follows:
8 18. "digital currency" means any type of digital unit that is used as
9 a medium of exchange or a form of digitally stored value.
10 § 3. The election law is amended by adding a new section 14-134 to
11 read as follows:
12 § 14-134. Digital currency contributions. Notwithstanding any other
13 provision of law to the contrary, digital currency contributions to
14 candidates or political committees shall be prohibited.
15 § 4. This act shall take effect on the thirtieth day after it shall
16 have become a law; provided that contributions received prior to the
17 effective date of this act shall within thirty days of such effective
18 date be returned to the contributor, or if impracticable, remitted to
19 the state comptroller. Effective immediately, the state board of
20 elections is authorized to promulgate any rules necessary to implement
21 the provisions of this act and shall notify all candidates and political
22 committees of the applicable provisions of this act on or before such
23 effective date.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD15965-03-6
