S T A T E   O F   N E W   Y O R K
________________________________________________________________________
                                   170
                       2013-2014 Regular Sessions
                            I N  S E N A T E
                               (PREFILED)
                             January 9, 2013
                               ___________
Introduced  by Sen. SQUADRON -- 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 reducing the  aggregate
  calendar  limit  on  the  amount  of contributions that can be made by
  individuals
  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:
  Section  1.  Subdivision  8  of section 14-114 of the election law, as
amended by chapter 8 of the laws of 1978 and as redesignated by  chapter
9 of the laws of 1978, is amended to read as follows:
  8. Except as may otherwise be provided for a candidate and his family,
no  person  may  contribute, loan or guarantee in excess of [one hundred
fifty] SEVENTY-FIVE thousand dollars within the state in connection with
the nomination or election of persons to state and local public  offices
and  party  positions  within  the state of New York in any one calendar
year. For the purposes of this subdivision "loan" or  "guarantee"  shall
mean a loan or guarantee which is not repaid or discharged in the calen-
dar year in which it is made.
  S  2. This act shall take effect on the first of January next succeed-
ing the date on which it shall have become a law.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00297-01-3