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Who cares
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Sponsors
No co-sponsors yet.
History
- Print number 4012a
- Amend and recommit to election law
- Referred to election law
- Referred to election law
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Requires the filing of additional transferor and contributor identification information in campaign receipt and expenditure statements
Senate Floor Calendar · Sponsor Carl Kruger
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:A4012A
Title of bill
An act to amend the election law, in relation to requir- ing additional transferor and contributor identification information in campaign receipt and expenditure statements
Purpose
This bill would require a political committee to disclose a contributor's occupation, employer and full name and address.
Summary of provisions
Section 1 of the bill would amend section 14-102 of the Election Law and would require a political committee to disclose additional information regarding contributors who give $100 or more to a political committee. For individual contributors giving $100 or more, the contributor's occupation, employer, and employer's address would be required. For organizational contributors delineated in the amended text, the additional information would be the full name and address of the organization.
Section 2 of the bill sets forth the effective date.
Justification
Campaign fundraising practices are having a corrosive effect on the public's confidence in the integrity of government. Too often, citizens feel that their individual votes are of little conse- quence. The cumulative impact is a significant threat to the fundamental values of democracy. A fundamental component of campaign finance laws is that campaign committees must disclose the identity of contributors. The rationale is that public awareness of who has contributed may reduce the possibility of elected officials favoring contributors. Requiring that significant contributors disclose their occupations and employers is necessary to ensure that contributors are adequately identified and to provide the public with additional information that may be useful in assessing where a contributor's interests may lie-and how an elected official might favor that contributor. The additional identification information required by the bill is the same as is required under feder- al law for contributions to federal political committees.
Legislative history
This is a new bill in the Assembly; same as S2699 of 2008.
Fiscal impact on the state
None.
Effective date
This act shall take effect on the first of December next succeeding the date on which it shall have become a law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.