Bill Text: NY A09261 | 2011-2012 | General Assembly | Introduced

---

Bill Title: Requires detailed disclosure of all campaign receipts regardless of amount; applies to candidates as well as political committees.

Spectrum: Partisan Bill (Republican 6-0)

Status: (Introduced - Dead) 2012-06-05 - held for consideration in election law [A09261 Detail]

Download: New_York-2011-A09261-Introduced.html

---

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         9261
                                 I N  A S S E M B L Y
                                   February 9, 2012
                                      ___________
       Introduced  by  M.  of  A. WALTER, MONTESANO, McKEVITT, TENNEY -- Multi-
         Sponsored by -- M. of A.  SAYWARD -- read once  and  referred  to  the
         Committee on Election Law
       AN  ACT  to amend the election law, in relation to reporting of campaign
         receipts and expenditures
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  Subdivision  1  of section 14-102 of the election law, as
    2  amended by chapter 8 and redesignated by chapter 9 of the laws of  1978,
    3  is amended to read as follows:
    4    1.  The  treasurer of every political committee which, or any officer,
    5  member or agent of any  such  committee  who,  in  connection  with  any
    6  election,  receives  or  expends  any  money  or other valuable thing or
    7  incurs any liability to pay money or its equivalent  shall  file  state-
    8  ments  sworn,  or subscribed and bearing a form notice that false state-
    9  ments made therein are punishable as a class A misdemeanor  pursuant  to
   10  section 210.45 of the penal law, at the times prescribed by this article
   11  setting forth all the receipts, contributions to and the expenditures by
   12  and  liabilities  of  the  committee,  and  of its officers, members and
   13  agents in its behalf. Such statements shall include the dollar amount of
   14  any receipt, contribution or transfer, or the fair market value  of  any
   15  receipt,  contribution  or  transfer,  which is other than of money, the
   16  name and address of the transferor,  contributor  or  person  from  whom
   17  received,  and  if  the transferor, contributor or person is a political
   18  committee; the name of and the political unit represented by the commit-
   19  tee, the date of its receipt, the dollar amount  of  every  expenditure,
   20  the  name  and  address of the person to whom it was made or the name of
   21  and the political unit represented by the committee to which it was made
   22  and the date thereof, and  shall  state  clearly  the  purpose  of  such
   23  expenditure.  Any statement reporting a loan shall have attached to it a
   24  copy  of  the evidence of indebtedness. Expenditures in sums under fifty
   25  dollars need not be specifically accounted for by separate items in said
   26  statements, [and receipts and contributions aggregating  not  more  than
   27  ninety-nine  dollars,  from any one contributor need not be specifically
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD08731-01-1
       A. 9261                             2
    1  accounted for by separate items in said statements,]  provided  however,
    2  that such expenditures[, receipts and contributions] shall be subject to
    3  the other provisions of section 14-118 of this article.
    4    S  2. Subdivision 2 of section 14-120 of the election law, as added by
    5  chapter 79 of the laws of 1992, is amended to read as follows:
    6    2. Notwithstanding subdivision one of this section, a partnership,  as
    7  defined in section ten of the partnership law, may be considered a sepa-
    8  rate  entity  for  the  purposes  of  this section, and as such may make
    9  contributions in the name of said partnership without  attributing  such
   10  contributions to the individual members of the partnership provided that
   11  any such contribution made by a partnership to a candidate or to a poli-
   12  tical  committee,  shall not exceed, twenty-five hundred dollars. In the
   13  event that such partnership contribution to any such candidate or  poli-
   14  tical  committee  exceeds  twenty-five  hundred  dollars,  the aggregate
   15  amount of such contribution shall be attributed to each  partner  [whose
   16  share of the contribution exceeds ninety-nine dollars].
   17    S  3. This act shall take effect on the first of January next succeed-
   18  ing the date on which it shall have become a law.