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Assembly Bill A3556

2009-2010 Legislative Session

Establishes the Bloomberg waiver for candidates in compliance with N.Y. cities campaign finance board regulations

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Archive: Last Bill Status - In Assembly Committee

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2009-A3556 (ACTIVE) - Details

Current Committee:
Assembly Election Law
Law Section:
New York City Administrative Code
Laws Affected:
Amd ยง3-718, NYC Ad Cd
Versions Introduced in Other Legislative Sessions:
2011-2012: A3170
2013-2014: A4052
2015-2016: A6687
2017-2018: A624
2019-2020: A83
2021-2022: A152

2009-A3556 (ACTIVE) - Summary

Establishes the Bloomberg waiver for candidates in compliance with NYC's campaign finance board regulations regarding a voluntary personal spending limit; failure to set a voluntary limit waives the existing limitations on an opposing publicly funded candidate.

2009-A3556 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  3556

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            January 27, 2009
                               ___________

Introduced  by  M. of A. PERRY -- Multi-Sponsored by -- M. of A. ESPAIL-
  LAT, GREENE -- read once and referred to the Committee on Election Law

AN ACT to amend the administrative code of the  city  of  New  York,  in
  relation  to  fair  competition  for  publicly  financed candidates by
  establishing the Bloomberg waiver

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.    Subparagraph (iii) of paragraph (a) of subdivision 1 of
section 3-718 of the administrative code of the city  of  New  York,  as
separately  added  by local law numbers 58, 59 and 60 of the city of New
York for the year 2004, is amended to read as follows:
  (iii) (A) file  a  written  certification  in  such  form  as  may  be
prescribed  by  the  campaign finance board, which sets forth his or her
acceptance of and agreement to comply with the terms and  conditions  of
this  section and the rules promulgated hereby, which includes an affir-
mation that the candidate has a sufficient amount of personal  funds  to
fund his or her campaign; [and]
  (B)  THAT THE CAMPAIGN FINANCE BOARD SHALL PROPOSE TO SUCH CANDIDATE A
VOLUNTARY PERSONAL FUNDS SPENDING LIMIT OF NOT  MORE  THAN  ONE  HUNDRED
TWENTY-FIVE PERCENT OF SUCH CAMPAIGN FINANCE BOARD'S RECOMMENDED EXPEND-
ITURE  LIMIT OF THE ELECTED OFFICE CONTESTED; PROVIDED, HOWEVER, THAT IF
SUCH LIMIT IS DECLINED BY SUCH CANDIDATE,  A  BLOOMBERG  WAIVER  OF  THE
EXISTING LIMITATIONS ON AN OPPOSING, PUBLICLY FUNDED CANDIDATE'S ABILITY
TO RAISE AND EXPEND PRIVATE FUNDS MAY BE GRANTED BY THE CAMPAIGN FINANCE
BOARD UPON APPLICATION, IN A MANNER DETERMINED BY SUCH BOARD, AND UPON A
SHOWING  OF  SUBSTANTIAL  FINANCIAL  DISADVANTAGE  DEMONSTRATED  BY  THE
DISPARITY IN PERSONAL FUNDS AVAILABLE; PROVIDED, HOWEVER, THAT ONCE SUCH
WAIVER IS GRANTED,  THE  FINANCIALLY  DISADVANTAGED  CANDIDATE  MAY  NOT
EXPEND A GREATER AMOUNT THAN THE AMOUNT EXPENDED BY THE PERSONALLY FUND-
ED OPPONENT AS REPORTED TO THE STATE BOARD OF ELECTIONS; EXCEPT THAT THE
LIMITATIONS ON MATCHING FUNDS SHALL NOT BE MODIFIED; AND

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02030-01-9

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