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Who cares
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Sponsors
1 Co-sponsor
History
- Referred to elections
- Reported and committed to finance
- Referred to elections
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S962
Title of bill
An act to amend the election law, in relation to directing the state board of elections to contract with a certified public accountancy firm for the audit and review of the campaign receipts and expenditures of three percent of the candidates for election to the state legislature
Purpose
The purpose of this bill is to improve oversight over campaign finance.
Summary of provisions
Section 2. Adds a section 3-112 to election law that would call for the review and audit of certain candidates for state legislative seats. The state board of elections will contract with the lowest responsible bidder which meets all requirements set by the board to be the designated certified public accountancy agency by December 1st of each even numbered year. CPA firms will be ineligible for bidding if they have been selected in the previous five years to ensure proper rotation. On or before January 10th of each odd numbered year the state board of elections shall conduct a public lottery selecting not less than three percent of all candidates whose names appeared on the general election ballot for election to the state legislature. The selected CPA firm shall audit and review for compliance the selected candidates and submit a report with findings to the state board of elections on or before June 1st of the same odd numbered year.
Section 3. Sets the effective date as the first of July next succeeding the date on which it shall become a law.
Justification
Modeled after a similar law in Pennsylvania, this bill is being introduced to improve oversight over campaign finance by introducing an outside, independent professional review to the state legislative election process. This bill will help ensure compliance with the state's election laws and allow a more transparent view of the election process to the citizens of New York.
Legislative history
2011: S.2463 - Referred to Elections 2010: S.6973 - Referred to Elections
Fiscal implications
Minimal.
Effective date
This act shall take effect July 1st next succeeding the date it becomes law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.