Bill Text: NY S03054 | 2011-2012 | General Assembly | Introduced


Bill Title: Provides for the itemization of campaign expenditures.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Introduced - Dead) 2012-01-04 - REFERRED TO ELECTIONS [S03054 Detail]

Download: New_York-2011-S03054-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         3054
                              2011-2012 Regular Sessions
                                   I N  S E N A T E
                                   February 7, 2011
                                      ___________
       Introduced  by  Sens.  BRESLIN, KRUEGER, MONTGOMERY, OPPENHEIMER -- 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 statements of campaign
         receipts; and to repeal certain provisions of the election law  relat-
         ing thereto
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1.  Subdivision 5 of section 14-102 of  the  election  law  is
    2  REPEALED,  subdivision  1,  as amended by chapter 8 of the laws of 1978,
    3  and as redesignated by chapter 9 of the laws of 1978, is amended to read
    4  as follows:
    5    1. The treasurer of every political committee which, or  any  officer,
    6  member  or  agent  of  any  such  committee  who, in connection with any
    7  election, receives or expends any money or other [valuable  thing]  ITEM
    8  OF  VALUE  or  incurs any liability to pay money or its equivalent shall
    9  file statements sworn, or subscribed and  bearing  a  form  notice  that
   10  false  statements  made  therein are punishable as a class A misdemeanor
   11  pursuant to section 210.45 of the penal law, at the times prescribed  by
   12  this  article  setting  forth all the receipts, contributions to and the
   13  expenditures by and liabilities of the committee, and of  its  officers,
   14  members  and  agents  in  its  behalf. Such statements shall include the
   15  dollar amount of any receipt, contribution  or  transfer,  or  the  fair
   16  market  value  of  any receipt, contribution or transfer, which is other
   17  than of money, the name and address of the  transferor,  contributor  or
   18  person  from whom received, and if the transferor, contributor or person
   19  is a political committee; the name of and the political unit represented
   20  by the committee, the date of its receipt, the dollar  amount  of  every
   21  expenditure,  the  name and address of the person to whom it was made or
   22  the name of and the political unit represented by the committee to which
   23  it was made and the date thereof, and shall state clearly the purpose of
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD07654-01-1
       S. 3054                             2
    1  such expenditure. IF ANY ONE EXPENDITURE  IS  MADE  FOR  MORE  THAN  ONE
    2  PURPOSE,  OR  AS PAYMENT FOR GOODS OR SERVICES SUPPLIED BY MORE THAN ONE
    3  SUPPLIER, SUCH STATEMENT SHALL SET FORTH SEPARATELY EACH SUCH PURPOSE OR
    4  SUPPLIER  AND  THE AMOUNT EXPENDED FOR EACH SUCH PURPOSE OR TO EACH SUCH
    5  SUPPLIER.
    6    Any statement reporting a loan shall have attached to it a copy of the
    7  evidence of indebtedness. Expenditures in sums under fifty dollars  need
    8  not  be specifically accounted for by separate items in said statements,
    9  and receipts and contributions aggregating  not  more  than  ninety-nine
   10  dollars, from any one contributor need not be specifically accounted for
   11  by  separate  items  in  said  statements,  provided  however, that such
   12  expenditures, receipts and contributions shall be subject to  the  other
   13  provisions of section 14-118 of this article.
   14    S 2. This act shall take effect immediately.
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