Bill Text: NY A01334 | 2021-2022 | General Assembly | Introduced

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Bill Title: Places restrictions on the transfer of funds from a candidate's political committee for a federal office to a candidate's political committee for a state, county or local office.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2022-01-05 - referred to election law [A01334 Detail]

Download: New_York-2021-A01334-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          1334

                               2021-2022 Regular Sessions

                   IN ASSEMBLY

                                     January 8, 2021
                                       ___________

        Introduced  by  M.  of  A.  MAGNARELLI  -- read once and referred to the
          Committee on Election Law

        AN ACT to amend the election law, in relation to the transfer  of  funds
          from  a  candidate's  political  committee  for  a federal office to a
          candidate's political committee for a state, county or local office

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Subdivision  1  of  section 14-114 of the election law is
     2  amended by adding a new paragraph d to read as follows:
     3    d. The transfer of funds from a candidate's political committee for  a
     4  federal  office to a candidate's political committee for a state, county
     5  or  local  office  shall  be  restricted  per  the  contribution  limits
     6  prescribed  in  paragraphs a and b of this subdivision. For the purposes
     7  of this section a federal candidate committee shall  be  treated  as  an
     8  individual contributor.
     9    § 2. Subdivision 1 of section 14-114 of the election law is amended by
    10  adding a new paragraph g to read as follows:
    11    g.  The transfer of funds from a candidate's political committee for a
    12  federal office to a candidate's political committee for a state,  county
    13  or  local  office  shall  be  restricted  per  the  contribution  limits
    14  prescribed in paragraphs a and b of this subdivision. For  the  purposes
    15  of  this  section  a  federal candidate committee shall be treated as an
    16  individual contributor.
    17    § 3. This act shall take effect on the thirtieth day  after  it  shall
    18  have become a law; provided, however, that section two of this act shall
    19  take effect on the same date and in the same manner as section 3 of part
    20  ZZZ of chapter 58 of the laws of 2020, takes effect.


         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01747-01-1