S T A T E O F N E W Y O R K
________________________________________________________________________
1334
2021-2022 Regular Sessions
I N A S S E M B L Y
January 8, 2021
___________
Introduced by M. of A. MAGNARELLI -- read once and referred to the
Committee on Election Law
AN ACT to amend the election law, in relation to the transfer of funds
from a candidate's political committee for a federal office to a
candidate's political committee for a state, county or local office
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 1 of section 14-114 of the election law is
amended by adding a new paragraph d to read as follows:
D. THE TRANSFER OF FUNDS FROM A CANDIDATE'S POLITICAL COMMITTEE FOR A
FEDERAL OFFICE TO A CANDIDATE'S POLITICAL COMMITTEE FOR A STATE, COUNTY
OR LOCAL OFFICE SHALL BE RESTRICTED PER THE CONTRIBUTION LIMITS
PRESCRIBED IN PARAGRAPHS A AND B OF THIS SUBDIVISION. FOR THE PURPOSES
OF THIS SECTION A FEDERAL CANDIDATE COMMITTEE SHALL BE TREATED AS AN
INDIVIDUAL CONTRIBUTOR.
§ 2. Subdivision 1 of section 14-114 of the election law is amended by
adding a new paragraph g to read as follows:
G. THE TRANSFER OF FUNDS FROM A CANDIDATE'S POLITICAL COMMITTEE FOR A
FEDERAL OFFICE TO A CANDIDATE'S POLITICAL COMMITTEE FOR A STATE, COUNTY
OR LOCAL OFFICE SHALL BE RESTRICTED PER THE CONTRIBUTION LIMITS
PRESCRIBED IN PARAGRAPHS A AND B OF THIS SUBDIVISION. FOR THE PURPOSES
OF THIS SECTION A FEDERAL CANDIDATE COMMITTEE SHALL BE TREATED AS AN
INDIVIDUAL CONTRIBUTOR.
§ 3. This act shall take effect on the thirtieth day after it shall
have become a law; provided, however, that section two of this act shall
take effect on the same date and in the same manner as section 3 of part
ZZZ of chapter 58 of the laws of 2020, takes effect.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01747-01-1