Relates to party committee and constituted committee contribution and receipt limits; reduces the annual contribution limits to political parties or constituted committees from $62,500 to $25,000, which shall include contributions to party housekeeping accounts.
STATE OF NEW YORK
________________________________________________________________________
223
2025-2026 Regular Sessions
IN ASSEMBLY(Prefiled)
January 8, 2025
___________
Introduced by M. of A. ROZIC -- read once and referred to the Committee
on Election Law
AN ACT to amend the election law, in relation to party committee and
constituted committee contribution and receipt limits; and to repeal
subdivision 3 of section 14-124 of the election law relating thereto
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph a of subdivision 10 of section 14-114 of the
2 election law, as added by chapter 79 of the laws of 1992, is amended to
3 read as follows:
4 a. No contributor may make a contribution to a party or constituted
5 committee and no such committee may accept a contribution from any
6 contributor which, in the aggregate, is greater than [sixty-two] twen-
7 ty-five thousand [five hundred] dollars per annum, which shall include
8 all monies received for the purposes of maintaining a permanent head-
9 quarters and staff and for carrying on ordinary activities which are not
10 for the express purpose of promoting the candidacy of specific candi-
11 dates.
12 § 2. Subdivision 3 of section 14-124 of the election law is REPEALED.
13 § 3. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD01400-01-5
