BILL NO | S07506 |
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SAME AS | No Same As |
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SPONSOR | KLEIN |
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COSPNSR | AVELLA, CARLUCCI, SAVINO, VALESKY |
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MLTSPNSR | |
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Rpld §14-114 sub 6, §14-124 sub 3, amd El L, generally; add §359-gg, Gen Bus L; add §99-z, amd §95, St Fin L;
add §630-e, Tax L |
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Enacts the "integrity in elections act of 2016"; requires the majority vote of the entire party committee for the jurisdiction in which a candidate for public office is running, in order to nominate such candidate as the party candidate; prohibits the transfer of funds between a candidate and committees not formed for the purposes of such candidate; limits independent expenditures for political purposes; limits contributions to $2,600 to any single candidate during an election cycle; enacts campaign finance reform to provide for matching funds for the campaigns of state elected officials; authorizes the imposition of an additional surcharge on recoveries for fraudulent practices regarding stocks, bonds and other securities; establishes the New York state campaign finance fund; provides for a New York state campaign finance fund check-off. |