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History
- Referred to elections
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.
Eliminates the party and constituted committee exemption from reporting monies received and expenditures made for housekeeping functions; repealer
In Assembly Committee · Election Law · Sponsor James F. Brennan
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S3050
Title of bill
An act to amend the election law, in relation to eliminating the party and constituted committee exemption from reporting monies received and expenditures made for housekeeping functions and repealing subdivision 3 of section 14-124 of the election law relating to the establishment of such exemption
Summary
This bill repeals the exemption to the contribution and receipt limitations for housekeeping accounts.
Justification
The housekeeping exemption has become abused and has led to a venal cynicism about the campaign receipt and expenditure limits. A recent fund raising invitation even advised that if a contributor or a corporation wished to avoid the limits and give monies in excess of the contribution limits, that all the contributor or corporation had to do was give the money to the housekeeping account. Monies given to a housekeeping account go to maintaining a political party's staff and headquarters. Since this money is so used, it is for a political purpose anyway, and all these contributions should come under the contribution and receipt limits of the law. By repealing the exemption this bill attempts to restore the public's confidence in the law and insure that elections cannot be bought.
Fiscal implications
None.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.