Assembly Bill A9385

2011-2012 Legislative Session

Requires an authorized continuing candidate committee for any individual to dispose of all funds within certain time frames

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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2011-A9385 (ACTIVE) - Details

See Senate Version of this Bill:
S420
Current Committee:
Assembly Rules
Law Section:
Election Law
Laws Affected:
Add ยง14-132, El L
Versions Introduced in Other Legislative Sessions:
2009-2010: S8256
2013-2014: A6798, S3272
2015-2016: A4976, S2504
2017-2018: S4233

2011-A9385 (ACTIVE) - Summary

Requires an authorized continuing candidate committee for any individual to dispose of all funds within certain time frames.

2011-A9385 (ACTIVE) - Bill Text download pdf

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

                                  9385

                          I N  A S S E M B L Y

                            February 24, 2012
                               ___________

Introduced  by M. of A. LATIMER -- read once and referred to the Commit-
  tee on Election Law

AN ACT to amend the election law, in relation to disposition of campaign
  funds

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

  Section  1. The election law is amended by adding a new section 14-132
to read as follows:
  S 14-132. DISPOSITION OF CAMPAIGN FUNDS. 1. AN  AUTHORIZED  CONTINUING
CANDIDATE  COMMITTEE  FOR  ANY INDIVIDUAL SHALL DISPOSE OF ALL FUNDS AND
CLOSE WITHIN FOUR YEARS AFTER THE LATER OF (A) THE END OF  THE  INDIVID-
UAL'S  MOST  RECENT  TERM  OF OFFICE, OR (B) THE DATE OF THE ELECTION IN
WHICH THE INDIVIDUAL LAST WAS A FILED CANDIDATE.
  2. ANY CANDIDATE OR POLITICAL COMMITTEE REQUIRED TO DISPOSE  OF  FUNDS
PURSUANT  TO  THIS SECTION SHALL, AT THE OPTION OF THE CANDIDATE, OR THE
TREASURER OF A POLITICAL COMMITTEE FORMED SOLELY TO PROMOTE THE  PASSAGE
OR  DEFEAT  OF  A  BALLOT  PROPOSAL, DISPOSE OF SUCH FUNDS BY ANY OF THE
FOLLOWING MEANS, OR ANY COMBINATION THEREOF:
  A. RETURNING, PRO RATA, TO EACH CONTRIBUTOR THE FUNDS  THAT  HAVE  NOT
BEEN SPENT OR OBLIGATED;
  B.  DONATING  THE  FUNDS TO A CHARITABLE ORGANIZATION OR ORGANIZATIONS
THAT MEET THE QUALIFICATIONS OF SECTION 501(C)(3) OF THE INTERNAL REVEN-
UE CODE;
  C. DONATING THE FUNDS TO THE STATE UNIVERSITY;
  D. DONATING THE FUNDS TO THE STATE'S GENERAL FUND;
  E. TRANSFERRING THE FUNDS TO A POLITICAL  PARTY  COMMITTEE  REGISTERED
WITH THE STATE BOARD OF ELECTIONS; OR
  F.  CONTRIBUTING  THE FUNDS TO A CANDIDATE OR POLITICAL COMMITTEE SUCH
THAT THIS DOES NOT EXCEED THE LIMITS SET FORTH IN SECTION 14-114 OF THIS
ARTICLE.
  3. NO CANDIDATE OR POLITICAL COMMITTEE SHALL DISPOSE OF CAMPAIGN FUNDS
BY MAKING EXPENDITURES FOR PERSONAL USE AS DEFINED IN SECTION 14-130  OF
THIS ARTICLE.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00732-01-1
              

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