What's happening
This bill requires mandatory training for treasurers of political committees with an average annual balance over $25,000.
Why it matters
Aims to improve financial oversight and accountability. by ensuring that treasurers of political committees with significant funds receive standardized training, potentially reducing errors or misuse of campaign finances.
Targets committees with substantial financial activity. (average annual balance over $25,000), focusing regulatory efforts where the risk of financial mismanagement or legal violations is higher.
Mandates recurring education. for treasurers once per election cycle, which could help keep committee financial officers updated on evolving rules and best practices, improving overall compliance with state election laws.
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Who cares
Headline styles
Require Treasurer Training
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Referred to elections
- Referred to elections
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
2790
2017-2018 Regular Sessions
IN SENATE
January 17, 2017
Introduced by Sen. 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 requiring mandatory training for certain treasurers of political committees
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 14-118 of the election law is amended by adding a new subdivision 4 to read as follows:
4. The state board of elections or its designee shall conduct a mandatory training program for the treasurers of any political committee that maintains an average annual balance of more than twenty-five thousand dollars in its account once per each election cycle.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04256-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
Title of bill
An act to amend the election law, in relation to requiring mandatory training for certain treasurers of political committees
Purpose
To require mandatory training of proper treasury conduct once per election cycle for treasurers of political committees with an average annual balance of more than twenty-five thousand dollars.
Summary of provisions
Section one - amends section 14-118 of the election law by adding a new subdivision 4.
Section Two sets forth the effective date.
Justification
New York state does not currently require any official training for the treasurers of any political committee. There are numerous regulations, rules and laws that treasurers must follow, and the Board of Elections website provides much of the information necessary to do the job correctly. While the sites offer yearly handbooks and presentations on the requirements and changes, there is no guarantee that campaign treasurers take the time to read it. This bill would add the requirement that treasurers for campaigns with an average annual balance of more than $25,000 must take part in a mandatory training program once per election cycle. Requiring training will keep campaign treasurers up to date with any changes to protect candidates from any mishandling of campaign funds.
Legislative history
2016: S.7074 - Referred to Elections. 2015-16: S.4770 - Referred to Elections.
Fiscal implications
None.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.