Bill Text: NY S02859 | 2015-2016 | General Assembly | Introduced

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Bill Title: Relates to the content of statements of campaign receipts, contributions, transfers and expenditures to and by political committees; requires such statements to include the occupation of the contributor, and in certain cases such person's employer and business address.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced - Dead) 2016-01-06 - REFERRED TO ELECTIONS [S02859 Detail]

Download: New_York-2015-S02859-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         2859
                              2015-2016 Regular Sessions
                                   I N  S E N A T E
                                   January 29, 2015
                                      ___________
       Introduced  by  Sens. ADDABBO, ESPAILLAT, KRUEGER, SAMPSON -- 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 content  of  state-
         ments  of campaign receipts, contributions, transfers and expenditures
         to and by political committees
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.    Subdivisions  1 and 3 of section 14-102 of the election
    2  law, as amended by chapter 8 of the  laws  of  1978,  subdivision  1  as
    3  redesignated  by  chapter  9  of  the  laws of 1978 and subdivision 3 as
    4  renumbered by chapter 70 of the laws of 1983, are  amended  to  read  as
    5  follows:
    6    1.  The  treasurer of every political committee which, or any officer,
    7  member or agent of any  such  committee  who,  in  connection  with  any
    8  election,  receives  or expends any money or other [valuable thing] ITEM
    9  OF VALUE or incurs any liability to pay money or  its  equivalent  shall
   10  file  statements  sworn,  or  subscribed  and bearing a form notice that
   11  false statements made therein are punishable as a  class  A  misdemeanor
   12  pursuant  to section 210.45 of the penal law, at the times prescribed by
   13  this article setting forth all the receipts, contributions  to  and  the
   14  expenditures  by  and liabilities of the committee, and of its officers,
   15  members and agents in its behalf.  Such  statements  shall  include  the
   16  dollar  amount  of  any  receipt,  contribution or transfer, or the fair
   17  market value of any receipt, contribution or transfer,  which  is  other
   18  than of money, the name [and], address AND OCCUPATION of the transferor,
   19  contributor  or  person  from  whom  received, OTHER THAN IN THE REGULAR
   20  COURSE OF A LENDER'S BUSINESS, AND FOR A NATURAL PERSON CONTRIBUTING TWO
   21  HUNDRED DOLLARS OR MORE, THE NAME AND ADDRESS OF SUCH PERSON'S EMPLOYER,
   22  AND THE BUSINESS ADDRESS OF EACH POLITICAL  COMMITTEE  OR  OTHER  ENTITY
   23  MAKING  SUCH CONTRIBUTION, OR ANY LOAN, GUARANTEE, OR OTHER SECURITY FOR
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD03444-01-5
       S. 2859                             2
    1  SUCH A LOAN and if the transferor, contributor or person is a  political
    2  committee; the name of and the political unit represented by the commit-
    3  tee,  the  date  of its receipt, the dollar amount of every expenditure,
    4  the  name  and  address of the person to whom it was made or the name of
    5  and the political unit represented by the committee to which it was made
    6  and the date thereof, and  shall  state  clearly  the  purpose  of  such
    7  expenditure.   IF ANY ONE EXPENDITURE IS MADE FOR MORE THAN ONE PURPOSE,
    8  OR AS PAYMENT FOR GOODS OR SERVICES SUPPLIED BY MORE THAN ONE  SUPPLIER,
    9  SUCH  STATEMENT SHALL SET FORTH SEPARATELY EACH SUCH PURPOSE OR SUPPLIER
   10  AND THE AMOUNT EXPENDED FOR EACH SUCH PURPOSE OR TO EACH SUCH  SUPPLIER.
   11  Any  statement  reporting a loan shall have attached to it a copy of the
   12  evidence of indebtedness.  Expenditures in sums under fifty dollars need
   13  not be specifically accounted for by separate items in said  statements,
   14  and  receipts  and  contributions  aggregating not more than ninety-nine
   15  dollars, from any one contributor need not be specifically accounted for
   16  by separate items  in  said  statements,  provided  however,  that  such
   17  expenditures,  receipts  and contributions shall be subject to the other
   18  provisions of section 14-118 of this article.
   19    3. The state board of  elections  shall  promulgate  regulations  with
   20  respect  to  the accounting methods to be applied IN COMPLYING WITH, AND
   21  in preparing the statements required by, the provisions of this  article
   22  and  shall provide forms suitable for such statements.  SUCH REGULATIONS
   23  SHALL BE DRAWN TO ASSURE SUCH COMPLIANCE AND OBTAIN THE MAXIMUM POSSIBLE
   24  DISCLOSURE.
   25    S 2. This act shall take effect on the sixtieth  day  after  it  shall
   26  have  become  a  law;  provided,  however,  that  contributions  legally
   27  received prior to the effective date of this act  may  be  retained  and
   28  expended  for  lawful  purposes  and  shall  not provide the basis for a
   29  violation of article 14 of the election law, as amended by this act; and
   30  provided, further, that the state board of elections  shall  notify  all
   31  candidates and political committees of the applicable provisions of this
   32  act within thirty days after this act shall have become a law.