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A05657 Summary:

BILL NOA05657
 
SAME ASNo Same As
 
SPONSORChandler-Waterman
 
COSPNSR
 
MLTSPNSR
 
Add §14-134, El L
 
Enacts the "forfeiture of campaign finance accounts and return of contributions act".
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A05657 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A5657
 
SPONSOR: Chandler-Waterman
  TITLE OF BILL: An act to amend the election law, in relation to enacting the "forfei- ture of campaign finance accounts and return of contributions act"   PURPOSE OR GENERAL IDEA OF BILL: AN ACT to amend the election law, in relation to enacting the "forfei- ture of campaign finance accounts and return of contributions act"   SUMMARY OF PROVISIONS: Forfeiture of campaign finance. accounts and return of 6 contributions.) The provisions of this section shall apply to any. person who holds or maintains a campaign finance account or accounts subject to the provisions of this article who: (a) is indicted or charged with a 'crime or is charged with a violation of the state ethics laws and resigns from office due '-to said charges prior .to conviction or adju- dication and complete disposition of said charges; or (b)is convicted of a felony or crime for which such conviction would disqualify the person from holding the elected office for .which the campaign funds were raised; or (c) resigns from office due to formal complaints filed with and charges brought by the legislative ethics commission, established by section eighty of the legislative law for violation of state ethics laws prior to complete adjudication and disposition of such complaints or charges.   DIFFERENCE BETWEEN ORIGINAL AND AMENDED VERSION (IF APPLICABLE): N/A   JUSTIFICATION: enacts the forfeiture of campaign finance accounts and return of contributions act   PRIOR LEGISLATIVE HISTORY: 2013-2014: A8619 2015-2016: A6394 2017-2018: A258 2019-2020: A16   FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS: TBD   EFFECTIVE DATE: This act shall take effect on the first of January next succeeding the date upon which it shall have become a law.
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