What's happening
This bill lowers the annual contribution limit to party committees to $25,000 and repeals a related section of election law.
Why it matters
Significantly reducing the annual contribution limit to party committees from $62,500 to $25,000 curbs the influence wealthy donors and special interests can exert over political parties, potentially leading to a fairer political process.
By explicitly including all funds received for party headquarters, staff, and general activities under the new cap, the bill closes loopholes that previously allowed for higher contributions through non-campaign-specific spending, increasing transparency and accountability.
Repealing subdivision 3 of section 14-124 may eliminate exceptions or provisions that previously allowed parties to circumvent these limits, further tightening financial controls on party committee fundraising.
These changes could encourage broader, small-dollar fundraising efforts by parties, possibly increasing grassroots engagement and reducing dependence on large single-source donations.
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Who cares
Party and constituted committees
The bill would lower their annual contribution limit from any one contributor from $62,500 to $25,000.
Contributors to party committees
Donors would face a $25,000 annual cap that includes money given for permanent headquarters, staff and ordinary activities not expressly promoting specific candidates.
Party headquarters staff
Contributions supporting permanent headquarters and staff would count toward the same cap as other contributions, limiting how much committees could receive from any one donor.
Headline styles
Lower Political Donation Limits
Plain English, a few words. Used as the page title.
Sponsors
Assembly Member · Assembly District 25
No co-sponsors yet.
History
- Referred to election law
- Referred to election law
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
223
2025-2026 Regular Sessions
IN ASSEMBLY (Prefiled)
January 8, 2025
Introduced by M. of A. ROZIC -- read once and referred to the Committee on Election Law
AN ACT to amend the election law, in relation to party committee and constituted committee contribution and receipt limits; and to repeal subdivision 3 of section 14-124 of the election law relating thereto
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Paragraph a of subdivision 10 of section 14-114 of the election law, as added by chapter 79 of the laws of 1992, is amended to read as follows:
a. No contributor may make a contribution to a party or constituted committee and no such committee may accept a contribution from any contributor which, in the aggregate, is greater than [sixty-two] twenty-five thousand [five hundred] dollars per annum, which shall include all monies received for the purposes of maintaining a permanent headquarters and staff and for carrying on ordinary activities which are not for the express purpose of promoting the candidacy of specific candidates.
§ 2. Subdivision 3 of section 14-124 of the election law is REPEALED.
§ 3. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01400-01-5
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.