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Senate Bill S3838

2021-2022 Legislative Session

Prohibits certain loans to be made to candidates or political committees

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Archive: Last Bill Status - In Senate Committee Elections Committee

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2021-S3838 (ACTIVE) - Details

Current Committee:
Senate Elections
Law Section:
Election Law
Laws Affected:
Amd §14-114, El L
Versions Introduced in Other Legislative Sessions:
2017-2018: S9016
2019-2020: S1350

2021-S3838 (ACTIVE) - Summary

Prohibits lobbyists, political action committees and labor unions and certain persons registered with the state board of elections from making loans to candidates or political committees.

2021-S3838 (ACTIVE) - Sponsor Memo

2021-S3838 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3838
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             January 31, 2021
                                ___________
 
 Introduced  by  Sens.  SERINO, AKSHAR -- 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  prohibiting  certain
   loans to be made to candidates or political committees
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 6 of section 14-114  of  the  election  law  is
 amended by adding a new paragraph d to read as follows:
   D.  LOBBYISTS,  AS  DEFINED BY SUBDIVISION (A) OF SECTION ONE-C OF THE
 LEGISLATIVE LAW OR BY SUBDIVISION (A) OF SECTION 3-211 OF THE  NEW  YORK
 CITY ADMINISTRATIVE CODE, POLITICAL ACTION COMMITTEES, LABOR UNIONS, AND
 ANY PERSON WHO HAS REGISTERED WITH THE STATE BOARD OF ELECTIONS PURSUANT
 TO  SUBDIVISION  THREE  OF SECTION 14-107 OF THIS ARTICLE ARE PROHIBITED
 FROM MAKING LOANS  TO  CANDIDATES  OR  POLITICAL  COMMITTEES;  PROVIDED,
 HOWEVER,  THAT  A LOBBYIST SHALL NOT BE PROHIBITED FROM MAKING A LOAN TO
 HIMSELF OR HERSELF OR TO HIS OR HER OWN POLITICAL  COMMITTEE  WHEN  SUCH
 LOBBYIST IS A CANDIDATE FOR OFFICE.
   § 2. This act shall take effect immediately.
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07968-01-1

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