senate Bill S7506

2015-2016 Legislative Session

Enacts the "integrity in elections act of 2016" to restrict the amounts and sources of campaign contributions; repealer

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Elections Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 05, 2016 referred to elections

Co-Sponsors

S7506 - Details

Law Section:
Election Law
Laws Affected:
Rpld §14-114 sub 6, §14-124 sub 3, amd El L, generally; add §359-gg, Gen Bus L; add §99-z, amd §95, St Fin L; add §630-e, Tax L

S7506 - Summary

Enacts the "integrity in elections act of 2016"; requires the majority vote of the entire party committee for the jurisdiction in which a candidate for public office is running, in order to nominate such candidate as the party candidate; prohibits the transfer of funds between a candidate and committees not formed for the purposes of such candidate; limits independent expenditures for political purposes (view more) limits contributions to $2,600 to any single candidate during an election cycle; enacts campaign finance reform to provide for matching funds for the campaigns of state elected officials; authorizes the imposition of an additional surcharge on recoveries for fraudulent practices regarding stocks, bonds and other securities; establishes the New York state campaign finance fund; provides for a New York state campaign finance fund check-off.

S7506 - Sponsor Memo

S7506 - Bill Text download pdf

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

                                  7506

                            I N  S E N A T E

                               May 5, 2016
                               ___________

Introduced  by  Sens.  KLEIN,  AVELLA, CARLUCCI, SAVINO, VALESKY -- 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 overhauling campaign
  financing and providing a voluntary financing  program  for  campaigns
  for  state officers; to amend the general business law, in relation to
  authorizing the imposition of an additional  surcharge  on  recoveries
  for  fraudulent  practices relating to stocks, bonds and other securi-
  ties; to amend the state finance law, in relation to establishing  the
  New York state campaign finance fund and providing for transfers ther-
  eto  from  the  abandoned  property  fund;  to  amend  the tax law, in
  relation to providing for a  New  York  state  campaign  finance  fund
  check-off; and to repeal certain provisions of the election law relat-
  ing thereto

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

  Section 1. Short title. This act shall be known and may  be  cited  as
the "integrity in elections act of 2016".
  S  2.  Legislative intent.  The legislature declares that it is in the
public interest to  create  and  ensure  a  truly  democratic  political
system,  one  of the highest integrity, in which citizens, regardless of
their income, status or financial wealth, are enabled and encouraged  to
compete  for  public office. The legislature further declares that large
and unregulated independent expenditures may grant the financial backers
of such independent expenditures undue influence in  election  based  on
ability  to pay.  Finally, the legislature further declares that present
campaign finance laws must be amended to ensure that the voices of indi-
vidual small contributors are heard and that elections are conducted  in
a fair and open manner.
  Therefore, the legislature finds it necessary to establish a voluntary
system  for  the financing of campaigns for all qualified candidates for
state elective offices  and  constitutional  convention  delegates.  The
legislature  further  finds that this new system which provides matching
funds for small contributions from individuals allows increased  citizen

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

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