Relates to the content of statements of campaign receipts, contributions, transfers and expenditures to and by political committees; requires such statements to include the occupation of the contributor, and in certain cases such person's employer and business address.
STATE OF NEW YORK
________________________________________________________________________
2859
2015-2016 Regular Sessions
IN SENATE
January 29, 2015
___________
Introduced by Sens. ADDABBO, ESPAILLAT, KRUEGER, SAMPSON -- read twice
and ordered printed, and when printed to be committed to the Committee
on Elections
AN ACT to amend the election law, in relation to the content of state-
ments of campaign receipts, contributions, transfers and expenditures
to and by political committees
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivisions 1 and 3 of section 14-102 of the election
2 law, as amended by chapter 8 of the laws of 1978, subdivision 1 as
3 redesignated by chapter 9 of the laws of 1978 and subdivision 3 as
4 renumbered by chapter 70 of the laws of 1983, are amended to read as
5 follows:
6 1. The treasurer of every political committee which, or any officer,
7 member or agent of any such committee who, in connection with any
8 election, receives or expends any money or other [valuable thing] item
9 of value or incurs any liability to pay money or its equivalent shall
10 file statements sworn, or subscribed and bearing a form notice that
11 false statements made therein are punishable as a class A misdemeanor
12 pursuant to section 210.45 of the penal law, at the times prescribed by
13 this article setting forth all the receipts, contributions to and the
14 expenditures by and liabilities of the committee, and of its officers,
15 members and agents in its behalf. Such statements shall include the
16 dollar amount of any receipt, contribution or transfer, or the fair
17 market value of any receipt, contribution or transfer, which is other
18 than of money, the name [and], address and occupation of the transferor,
19 contributor or person from whom received, other than in the regular
20 course of a lender's business, and for a natural person contributing two
21 hundred dollars or more, the name and address of such person's employer,
22 and the business address of each political committee or other entity
23 making such contribution, or any loan, guarantee, or other security for
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD03444-01-5
S. 2859 2
1 such a loan and if the transferor, contributor or person is a political
2 committee; the name of and the political unit represented by the commit-
3 tee, the date of its receipt, the dollar amount of every expenditure,
4 the name and address of the person to whom it was made or the name of
5 and the political unit represented by the committee to which it was made
6 and the date thereof, and shall state clearly the purpose of such
7 expenditure. If any one expenditure is made for more than one purpose,
8 or as payment for goods or services supplied by more than one supplier,
9 such statement shall set forth separately each such purpose or supplier
10 and the amount expended for each such purpose or to each such supplier.
11 Any statement reporting a loan shall have attached to it a copy of the
12 evidence of indebtedness. Expenditures in sums under fifty dollars need
13 not be specifically accounted for by separate items in said statements,
14 and receipts and contributions aggregating not more than ninety-nine
15 dollars, from any one contributor need not be specifically accounted for
16 by separate items in said statements, provided however, that such
17 expenditures, receipts and contributions shall be subject to the other
18 provisions of section 14-118 of this article.
19 3. The state board of elections shall promulgate regulations with
20 respect to the accounting methods to be applied in complying with, and
21 in preparing the statements required by, the provisions of this article
22 and shall provide forms suitable for such statements. Such regulations
23 shall be drawn to assure such compliance and obtain the maximum possible
24 disclosure.
25 § 2. This act shall take effect on the sixtieth day after it shall
26 have become a law; provided, however, that contributions legally
27 received prior to the effective date of this act may be retained and
28 expended for lawful purposes and shall not provide the basis for a
29 violation of article 14 of the election law, as amended by this act; and
30 provided, further, that the state board of elections shall notify all
31 candidates and political committees of the applicable provisions of this
32 act within thirty days after this act shall have become a law.
