Bill Text: NY S04164 | 2017-2018 | General Assembly | Introduced


Bill Title: Relates to the party committee and constituted committee exemption from contribution and receipt limits for monies received and expenditures made to maintain a permanent headquarters and staff.

Sponsorship: Partisan Bill (Democrat 3)

Status: (Introduced - Dead) 2018-01-03 - REFERRED TO ELECTIONS [S04164 Detail]

Download: New_York-2017-S04164-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          4164
                               2017-2018 Regular Sessions
                    IN SENATE
                                    February 6, 2017
                                       ___________
        Introduced  by  Sens.  KRUEGER, ADDABBO, SERRANO, SQUADRON -- 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 party committee and
          constituted committee exemption from contribution and  receipt  limits
          for  monies  received  and  expenditures  made to maintain a permanent
          headquarters and staff
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Subdivision  3  of section 14-124 of the election law, as
     2  amended by section 1 of part B of chapter 286 of the laws  of  2016,  is
     3  amended to read as follows:
     4    3. The contribution and receipt limits of this article shall not apply
     5  to monies received and expenditures made by a party committee or consti-
     6  tuted committee to maintain a permanent headquarters and staff and carry
     7  on  ordinary activities which are not for the express purpose of promot-
     8  ing the candidacy of specific  candidates;  provided  that  such  monies
     9  described  in  this  subdivision  shall  be  deposited  in  a segregated
    10  account; and provided further that contributions made  for  such  activ-
    11  ities  to a party committee or constituted committee shall be limited to
    12  twenty-five thousand dollars in the aggregate from each  contributor  in
    13  each year.
    14    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05971-01-7
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