senate Bill S4233

2017-2018 Legislative Session

Relates to disposition of campaign funds

download bill text pdf

Sponsored By

Archive: Last Bill Status - Stricken


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

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Actions

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Apr 24, 2017 recommit, enacting clause stricken
Feb 06, 2017 referred to elections

Co-Sponsors

S4233 (ACTIVE) - Details

Current Committee:
Law Section:
Election Law
Laws Affected:
Add §14-134, El L
Versions Introduced in Other Legislative Sessions:
2009-2010: S8256
2011-2012: S420
2013-2014: S3272
2015-2016: S2504

S4233 (ACTIVE) - Summary

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

S4233 (ACTIVE) - Sponsor Memo

S4233 (ACTIVE) - Bill Text download pdf


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

                                  4233

                       2017-2018 Regular Sessions

                            I N  S E N A T E

                            February 6, 2017
                               ___________

Introduced  by Sens. KRUEGER, SERRANO -- 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 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 14-134
to read as follows:
  § 14-134. DISPOSITION OF CAMPAIGN FUNDS. 1. A CANDIDATE  MAKING  THEIR
OWN  DISCLOSURES WITHOUT AN AUTHORIZED POLITICAL COMMITTEE OR THE TREAS-
URER OF A CANDIDATE'S AUTHORIZED POLITICAL COMMITTEE  SHALL  DISPOSE  OF
ALL  FUNDS  AND  TERMINATE  THEIR  FILING OBLIGATION WITH THE APPLICABLE
BOARD OF ELECTIONS WITHIN FOUR YEARS AFTER THE LATER OF (A) THE  END  OF
THE CANDIDATE'S MOST RECENT TERM OF OFFICE, (B) THE DATE OF THE ELECTION
IN  WHICH  THE CANDIDATE LAST APPEARED ON THE BALLOT, OR (C) THE DATE OF
THE ELECTION IN WHICH THE CANDIDATE LAST FILED TO SEEK POLITICAL OFFICE.
  2. ANY SUCH CANDIDATE OR SUCH CANDIDATE'S AUTHORIZED POLITICAL COMMIT-
TEE REQUIRED TO DISPOSE OF FUNDS PURSUANT TO THIS SECTION SHALL, AT  THE
OPTION  OF  THE CANDIDATE OR THE TREASURER OF SUCH COMMITTEE, 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 OF NEW YORK OR THE CITY
UNIVERSITY OF NEW YORK;
  (D) DONATING THE FUNDS TO THE STATE'S GENERAL FUND;
  (E) CONTRIBUTING THE FUNDS TO A CANDIDATE, PARTY, CONSTITUTED OR POLI-
TICAL COMMITTEE IN ACCORDANCE WITH  THE  LIMITS  SET  FORTH  IN  SECTION
14-114 OF THIS ARTICLE.

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

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