Bill Text: NY S02099 | 2011-2012 | General Assembly | Introduced


Bill Title: Requires any entity, other than a natural person, which in connection with any election makes contributions or expenditures to or on behalf of more than one candidate, political committee or constituted committee in excess of $2000 in the aggregate per annum, to file a campaign contribution statement with the board of elections.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2011-01-18 - REFERRED TO ELECTIONS [S02099 Detail]

Download: New_York-2011-S02099-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         2099
                              2011-2012 Regular Sessions
                                   I N  S E N A T E
                                   January 18, 2011
                                      ___________
       Introduced  by  Sen.  KRUGER -- 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  requiring  certain
         contributors to file campaign contribution statements
         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 of the laws of 1978 and as redesignated by chapter
    3  9 of the laws of 1978, 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 AND ANY ENTITY OTHER
    8  THAN  A  NATURAL  PERSON,  WHICH  IN  CONNECTION WITH ANY ELECTION MAKES
    9  CONTRIBUTIONS OR EXPENDITURES TO OR ON BEHALF OF  ANY  CANDIDATE,  POLI-
   10  TICAL  COMMITTEE  OR  CONSTITUTED  COMMITTEE  IN  EXCESS OF TWO THOUSAND
   11  DOLLARS PER ANNUM TO MORE  THAN  ONE  CANDIDATE  shall  file  statements
   12  sworn,  or  subscribed  and  bearing a form notice that false statements
   13  made therein are punishable as a class A misdemeanor pursuant to section
   14  210.45 of the penal law, at the times prescribed by this article setting
   15  forth all the receipts, contributions to and  the  expenditures  by  and
   16  liabilities of the committee, and of its officers, members and agents in
   17  its  behalf.  Such  statements  shall  include  the dollar amount of any
   18  receipt, contribution or transfer, or  the  fair  market  value  of  any
   19  receipt,  contribution  or  transfer,  which is other than of money, the
   20  name and address of the transferor,  contributor  or  person  from  whom
   21  received,  and  if  the transferor, contributor or person is a political
   22  committee; the name of and the political unit represented by the commit-
   23  tee, the date of its receipt, the dollar amount  of  every  expenditure,
   24  the  name  and  address of the person to whom it was made or the name of
   25  and the political unit represented by the committee to which it was made
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD06673-01-1
       S. 2099                             2
    1  and the date thereof, and  shall  state  clearly  the  purpose  of  such
    2  expenditure.  Any statement reporting a loan shall have attached to it a
    3  copy  of  the evidence of indebtedness. Expenditures in sums under fifty
    4  dollars need not be specifically accounted for by separate items in said
    5  statements,  and  receipts  and  contributions aggregating not more than
    6  ninety-nine dollars, from any one contributor need not  be  specifically
    7  accounted  for  by  separate items in said statements, provided however,
    8  that such expenditures, receipts and contributions shall be  subject  to
    9  the other provisions of section 14-118 of this article.
   10    S 2. This act shall take effect immediately.
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