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Who cares
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Sponsors
No co-sponsors yet.
History
- Committed to rules
- Advanced to third reading
- 2nd report cal.
- 1st report cal.1002
- 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.
Authorizes a candidate to designate a committee of not less than 3 persons to appoint and remove the treasurer of his or her campaign committee
In Assembly Committee · Election Law · Sponsor William Magnarelli
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7432
Title of bill
An act to amend the election law, in relation to the appointment and removal of the treasurer of a candidate committee
Purpose
Allows candidates to appoint a financial disclosure committee for purpose of appointing a treasurer
Summary of provisions
Amend Election Law to allow candidates for public office to designate a committee of up to three persons to appoint a treasurer to their political committee. This committee may designate the treasurer of such political committee.
Existing law
Candidates authorize campaign committee treasurer.
Justification
Under current law political committees are controlled by a campaign treasurer appointed by the candidate. There is no provision for a situation where the candidate dies or is incapacitated and still has money in their campaign account. This bill would allow a candidate to appoint up to three persons to serve as a committee to oversee the appointment of the campaign treasurer on behalf of the candidate to ensure the appropriate use of the campaign funds.
Legislative history
None.
Fiscal implications
Minimal.
Local 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.