Bill Text: NY A00321 | 2019-2020 | General Assembly | Introduced
Bill Title: Prohibits lobbyists, political action committees and labor unions and certain persons registered with the state board of elections from making loans to candidates or political committees.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2020-01-08 - referred to election law [A00321 Detail]
Download: New_York-2019-A00321-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 321 2019-2020 Regular Sessions IN ASSEMBLY (Prefiled) January 9, 2019 ___________ Introduced by M. of A. ABINANTI, GOODELL -- read once and referred to the Committee on Election Law AN ACT to amend the election law, in relation to prohibiting certain loans to be made to candidates or political committees The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 6 of section 14-114 of the election law is 2 amended by adding a new paragraph c to read as follows: 3 c. Lobbyists, as defined by subdivision (a) of section one-c of the 4 legislative law or by subdivision (a) of section 3-211 of the New York 5 city administrative code, political action committees, labor unions, and 6 any person who has registered with the state board of elections pursuant 7 to subdivision three of section 14-107 of this article are prohibited 8 from making loans to candidates or political committees; provided, 9 however, that a lobbyist shall not be prohibited from making a loan to 10 himself or herself or to his or her own political committee when such 11 lobbyist is a candidate for office. 12 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD05076-01-9