Assembly Bill A8170

2009-2010 Legislative Session

Enacts the Bailout Integrity Act limiting campaign contributions to state candidates, political committees or constituted committees by certain corporations

download bill text pdf

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Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2009-A8170 (ACTIVE) - Details

Current Committee:
Assembly Election Law
Law Section:
Election Law
Laws Affected:
Add ยง14-132, El L

2009-A8170 (ACTIVE) - Summary

Enacts the Bailout Integrity Act, prohibiting the receipt by state candidates, political committees or constituted committees of donations by certain corporations that have received federal emergency economic assistance and the making of such donations by recipient corporations.

2009-A8170 (ACTIVE) - Bill Text download pdf 

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

                                  8170

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                               May 6, 2009
                               ___________

Introduced  by  M.  of  A. ZEBROWSKI, BARRON, CASTRO, FIELDS, GABRYSZAK,
  GALEF, KOON, STIRPE, TOWNS -- Multi-Sponsored by -- M. of A.  BOYLAND,
  CAMARA,  GUNTHER, JAFFEE, JOHN, MENG, ROBINSON, TITUS -- read once and
  referred to the Committee on Election Law

AN ACT to amend the election law, in relation to enacting  the  "Bailout
  Integrity  Act" prohibiting the receipt by state candidates, political
  committees or constituted committees of donations  by  certain  corpo-
  rations  that  have received federal emergency economic assistance and
  the making of such donations by recipient corporations

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

  Section  1.  This  act shall be known and may be cited as the "Bailout
Integrity Act".
  S 2. The election law is amended by adding a  new  section  14-132  to
read as follows:
  S  14-132.  POLITICAL  CONTRIBUTIONS  BY  FEDERAL  EMERGENCY  ECONOMIC
ASSISTANCE RECIPIENTS.  1.  A.  NO  CANDIDATE,  POLITICAL  COMMITTEE  OR
CONSTITUTED  COMMITTEE  SHALL  ACCEPT ANY CONTRIBUTIONS FOR CANDIDATE OR
NON-CANDIDATE EXPENDITURES FROM ANY CORPORATION THAT HAS RECEIVED FEDER-
AL EMERGENCY ECONOMIC ASSISTANCE. ANY CANDIDATE, POLITICAL COMMITTEE  OR
CONSTITUTED  COMMITTEE  IN  THIS  STATE ACCEPTING CAMPAIGN CONTRIBUTIONS
FROM A FEDERAL EMERGENCY ECONOMIC ASSISTANCE RECIPIENT SHALL RETURN SUCH
CAMPAIGN CONTRIBUTION  TO  THE  FEDERAL  EMERGENCY  ECONOMIC  ASSISTANCE
RECIPIENT WITHIN SIXTY DAYS OF NOTICE GIVEN BY THE BOARD OF ELECTIONS TO
SUCH CANDIDATE, POLITICAL COMMITTEE OR CONSTITUTED COMMITTEE.
  B. NO CORPORATION THAT HAS RECEIVED FEDERAL EMERGENCY ECONOMIC ASSIST-
ANCE SHALL MAKE ANY CONTRIBUTIONS FOR CANDIDATE OR NON-CANDIDATE EXPEND-
ITURES TO ANY CANDIDATE, POLITICAL COMMITTEE OR CONSTITUTED COMMITTEE IN
THIS STATE.
  2. A. A CIVIL PENALTY OF UP TO THE AMOUNT OF THE CONTRIBUTION ACCEPTED
BY   A  CANDIDATE,  POLITICAL  COMMITTEE  OR  CONSTITUTED  COMMITTEE  IN

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11690-01-9

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