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Assembly Bill A5486

2019-2020 Legislative Session

Relates to restricting use of campaign funds at a business owned by a candidate or the candidate's family

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Archive: Last Bill Status - In Assembly Committee

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2019-A5486 (ACTIVE) - Details

See Senate Version of this Bill:
S3697
Current Committee:
Assembly Election Law
Law Section:
Election Law
Laws Affected:
Add §14-133, El L

2019-A5486 (ACTIVE) - Summary

Provides that contributions received by a candidate shall not be expended for goods or services provided by an entity in which the candidate and/or one or more members of the candidates family collectively hold a thirty-five percent or greater ownership.

2019-A5486 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
     S. 3697                                                  A. 5486
 
                        2019-2020 Regular Sessions
 
                       S E N A T E - A S S E M B L Y
 
                             February 12, 2019
                                ___________
 
 IN  SENATE  --  Introduced by Sens. GOUNARDES, ADDABBO, BRESLIN, COMRIE,
   HOYLMAN, KAMINSKY, KRUEGER, LIU, METZGER, RAMOS,  SERRANO,  THOMAS  --
   read  twice  and  ordered printed, and when printed to be committed to
   the Committee on Elections
 
 IN ASSEMBLY -- Introduced by M. of A. CARROLL -- read once and  referred
   to the Committee on Election Law
 
 AN  ACT to amend the election law, in relation to campaign funds for use
   at a business owned by a candidate or the candidate's family
 
   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 14-133
 to read as follows:
   § 14-133. CAMPAIGN FUNDS FOR USE AT A BUSINESS OWNED BY A CANDIDATE OR
 THE CANDIDATE'S FAMILY. 1. NOTWITHSTANDING  THE  PROVISIONS  OF  SECTION
 14-130  OF THIS ARTICLE, CONTRIBUTIONS RECEIVED BY A CANDIDATE SHALL NOT
 BE EXPENDED FOR GOODS OR SERVICES PROVIDED BY AN  ENTITY  IN  WHICH  THE
 CANDIDATE  AND/OR  ONE OR MORE MEMBERS OF THE CANDIDATE'S FAMILY COLLEC-
 TIVELY HOLD A THIRTY-FIVE PERCENT OR  GREATER  OWNERSHIP  OR  BENEFICIAL
 INTEREST OR, IN THE CASE OF A PARTNERSHIP OR PROFESSIONAL CORPORATION, A
 DIRECT OR INDIRECT OWNERSHIP INTEREST IN EXCESS OF FIVE PERCENT.
   2.  FOR  PURPOSES OF THIS SECTION, THE TERM "CANDIDATE'S FAMILY" SHALL
 MEAN A PERSON WHOSE RELATIONSHIP TO THE CANDIDATE IS WITHIN TWO  DEGREES
 OF CONSANGUINITY OR AFFINITY.
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07289-01-9

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