Bill Text: NY S03668 | 2025-2026 | General Assembly | Introduced
Bill Title: Amends provisions relating to public campaign financing; changes certain thresholds and procedures; permits retention of matching funds for future use; specifies when a candidate is opposed by a competitive candidate; requires a disclosure on political communications.
Spectrum: Partisan Bill (Democrat 18-0)
Status: (Introduced) 2025-01-29 - REFERRED TO ELECTIONS [S03668 Detail]
Download: New_York-2025-S03668-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 3668 2025-2026 Regular Sessions IN SENATE January 29, 2025 ___________ Introduced by Sens. SKOUFIS, ADDABBO, BAILEY, BROUK, CLEARE, COONEY, FELDER, FERNANDEZ, GONZALEZ, MARTINEZ, MAY, PARKER, PERSAUD, S. RYAN, SALAZAR, SCARCELLA-SPANTON, SEPULVEDA, WEBB -- 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 public campaign financ- ing; and to repeal section 11 of part ZZZ of chapter 58 of the laws of 2020 amending the election law relating to public financing for state office; amending the state finance law relating to establishing the New York state campaign finance fund; and amending the tax law relat- ing to establishing the NYS campaign finance fund check-off, relating to the severability of the provisions thereof The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph (a) of subdivision 11 of section 14-200-a of the 2 election law, as added by section 4 of part ZZZ of chapter 58 of the 3 laws of 2020, is amended to read as follows: 4 (a) "matchable contribution" means a contribution not less than five 5 dollars and not more than two hundred fifty dollars, for a candidate for 6 public office to be voted on by the voters of the entire state or for 7 nomination to any such office, a contribution for any covered elections 8 held in the same election cycle, made by a natural person who is a resi- 9 dent in the state of New York to a participating candidate, and for a 10 candidate for election to the state assembly or state senate or for 11 nomination to any such office, a contribution for any covered elections 12 held in the same election cycle, made by a natural person who at the 13 time such contribution is made is also a resident of such state assembly 14 or state senate district from which such candidate is seeking nomination 15 or election, that has been reported in full to the PCFB in accordance 16 with sections 14-102 and 14-104 of this article by the candidate's 17 authorized committee and has been contributed on or before the day of EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD01543-01-5S. 3668 2 1 the applicable primary, general, runoff, or special election. Any 2 contribution, contributions, or a portion of a contribution determined 3 to be invalid for matching funds by the PCFB may not be treated as a 4 matchable contribution for any purpose. 5 § 2. Subdivision 19 of section 14-200-a of the election law, as added 6 by section 4 of part ZZZ of chapter 58 of the laws of 2020, is amended 7 to read as follows: 8 19. "surplus" means [those funds where the total sum of contributions9received and] the difference between public [matchable] matching funds 10 received by a participating candidate and [his or her] such candidate's 11 authorized committee [exceeds the total campaign expenditures of such12candidate and authorized committee] for all covered elections held in 13 the same calendar year or for a special election to fill a vacancy and 14 the total such candidate and such candidate's authorized committee spent 15 on qualified campaign expenditures; provided that in cases where quali- 16 fied campaign expenditures of such candidate exceed public matching 17 funds received by such candidate and such candidate's authorized commit- 18 tee for all covered elections held in the same calendar year or for a 19 special election to fill a vacancy, the surplus is zero. 20 § 3. Section 14-203 of the election law, as added by section 4 of part 21 ZZZ of chapter 58 of the laws of 2020, is amended to read as follows: 22 § 14-203. Eligibility. 1. Terms and conditions. To be eligible for 23 [voluntary public financing] public matching funds under this title, a 24 candidate must: 25 (a) be a candidate in a covered election; 26 (b) meet all the requirements of law to have [his or her] such candi- 27 date's name on the ballot, subject to the requirements of subdivision 28 three of section 1-104 and subdivision one of section 6-142 of this 29 chapter; 30 (c) in the case of a covered general or special election, be opposed 31 by another candidate on the ballot who is not a write-in candidate; 32 (d) submit a certification in the form of an affidavit, in such form 33 as may be prescribed by the PCFB, that sets forth [his or her] such 34 candidate's acceptance of and agreement to comply with the terms and 35 conditions for the provision of such funds in each covered election and 36 such certification shall be submitted at least four months before a 37 primary election and on the last day in which a certification of nomi- 38 nation is filed in a special election pursuant to a schedule promulgated 39 by the PCFB; 40 (e) be certified as a participating candidate by the PCFB; 41 (f) not make, and not have made, expenditures from or use [his or her] 42 such candidate's personal funds or property or the personal funds or 43 property jointly held with [his or her] such candidate's spouse, or 44 unemancipated children in connection with [his or her] such candidate's 45 nomination for election or election to a covered office, but may make a 46 contribution to [his or her] such candidate's authorized committee in an 47 amount that does not exceed three times the applicable contribution 48 limit from an individual contributor to candidates for the office that 49 [he or she] such candidate is seeking; 50 (g) meet the threshold for eligibility set forth in subdivision two of 51 this section; 52 (g-1) not owe any payments, repayments, or civil penalties pursuant to 53 this title or any regulations promulgated thereunder, or any similar 54 payments, repayments, or civil penalties under any local public campaign 55 finance program within the previous ten years;S. 3668 3 1 (h) continue to abide by all requirements during the post-election 2 period; and 3 (i) not have accepted contributions in amounts exceeding the contrib- 4 ution limits set forth for candidates in paragraphs a and b of subdivi- 5 sion one of section 14-114 of this article during the election cycle for 6 which the candidate seeks certification; 7 (i) Provided however, that, if a candidate accepted contributions 8 exceeding such limits, such acceptance shall not prevent the candidate 9 from being certified by the PCFB if the candidate in a reasonable time, 10 as determined by rule, pays to the fund or returns to the contributor 11 the portion of any contribution that exceeded the applicable contrib- 12 ution limit. 13 (ii) If the candidate is unable to return such funds in a reasonable 14 time, as determined by rule, because they have already been spent, 15 acceptance of contributions exceeding the limits shall not prevent the 16 candidate from being certified by the PCFB if the candidate submits an 17 affidavit agreeing to pay to the fund all portions of any contributions 18 that exceeded the limit no later than thirty days before the general 19 election. If a candidate provides the PCFB with such an affidavit, any 20 disbursement of public funds to the candidate shall be reduced by no 21 more than twenty-five percent until the total amount owed by the candi- 22 date is repaid. 23 (iii) Nothing in this section shall be interpreted to require a candi- 24 date who retains funds raised during any previous election cycle to 25 forfeit such funds. Funds raised during a previous election cycle may be 26 retained and used by the candidate for the candidate's campaign in the 27 next election cycle but funds shall not qualify for satisfying the 28 threshold for participating in the public campaign finance program 29 established in this title nor shall they be eligible to be matched. The 30 PCFB shall adopt regulations to ensure that contributions that would 31 satisfy the applicable contribution limits authorized in this title 32 shall be transferred into the appropriate campaign account. 33 (iv) Contributions received and expenditures made by the candidate or 34 an authorized committee of the candidate prior to the effective date of 35 this title shall not constitute a violation of this title. Unexpended 36 contributions shall be treated the same as campaign surpluses under 37 subparagraph (iii) of this paragraph. Nothing in this recommendation 38 shall be construed to limit, in any way, any candidate or public offi- 39 cial from expending any portion of pre-existing campaign funds for any 40 lawful purpose other than those related to [his or her] such candidate's 41 campaign. 42 (v) A candidate who has raised matchable contributions but, in the 43 case of a covered primary, general or special election, is not opposed 44 by another candidate on the ballot who is not a write-in candidate, or 45 who chooses not to accept matchable funds, may retain such contributions 46 and apply them in accord with this title to the candidate's next 47 campaign, should there be one, in the next election cycle. 48 (vi) The total amount of public matching funds available to a partic- 49 ipating candidate and such candidate's authorized committee for a 50 covered general election pursuant to subdivision two of section 14-204 51 of this title shall be reduced by any unexpended public matching funds 52 received by such candidate and such candidate's authorized committee for 53 a covered primary election. 54 2. Threshold for eligibility. (a) The threshold for eligibility for 55 public funding for participating candidates shall be in the case of:S. 3668 4 1 (i) governor, not less than five hundred thousand dollars in contrib- 2 utions including at least five thousand matchable contributions shall be 3 counted toward this qualifying threshold; 4 (ii) lieutenant governor, attorney general and comptroller, not less 5 than one hundred thousand dollars in contributions including at least 6 one thousand matchable contributions shall be counted toward this quali- 7 fying threshold; 8 (iii) state senator, except as otherwise provided in paragraph (c) of 9 this subdivision, not less than [twelve] twenty-four thousand dollars in 10 contributions including at least [one] three hundred fifty matchable 11 contributions shall be counted toward this qualifying threshold; and 12 (iv) member of the assembly, except as otherwise provided in paragraph 13 (c) of this subdivision, not less than [six] ten thousand dollars in 14 contributions including at least [seventy-five] one hundred forty-five 15 matchable contributions shall be counted toward this qualifying thresh- 16 old. 17 (b) [However, solely for] For purposes of achieving the monetary 18 thresholds in paragraph (a) of this subdivision, [the first two hundred19fifty dollars of] any portion of a contribution [of more than] when the 20 aggregate of contributions are in excess of two hundred fifty dollars 21 from any one contributor to a candidate or a candidate's committee which 22 would otherwise be matchable except that it comes from a contributor who 23 has contributed more than two hundred fifty dollars to such candidate or 24 candidate's committee, [is deemed to be a matchable contribution and] 25 shall not count toward satisfying such monetary threshold [but shall26not] or otherwise be considered a matchable contribution. 27 (c) With respect to the minimum dollar threshold for participating 28 candidates for state senate and state assembly, in such districts where 29 average median income ("AMI") is below the AMI as determined by the 30 United States Census Bureau three years before such election for which 31 public funds are sought, such minimum dollar threshold for eligibility 32 shall be reduced [by one-third] to sixteen thousand dollars for the 33 senate and six thousand dollars for the assembly. The PCFB shall make 34 public which districts are subject to such reduction no later than two 35 years before the first primary election for which funding is sought. 36 (d) Any participating candidate meeting the threshold for eligibility 37 in a primary election for one of the foregoing offices shall be applied 38 to satisfy the threshold for eligibility for such office in any other 39 subsequent election held in the same calendar year. Any participating 40 candidate who is nominated in a primary election and has participated in 41 the public financing program set forth in this title, [must] shall not 42 be required to participate in the public financing program for the 43 general election for such office should they choose to run in the gener- 44 al election. 45 § 4. Subdivisions 1, 2 and 5 of section 14-204 of the election law, as 46 added by section 4 of part ZZZ of chapter 58 of the laws of 2020, are 47 amended to read as follows: 48 1. In any primary election, receipt of public funds by participating 49 candidates and by their participating committees shall not exceed: 50 (a) for Governor $3,500,000 51 (b) for Lieutenant Governor, Attorney General or Comptroller $3,500,000 52 (c) for State Senator $375,000 53 (d) for Member of the Assembly [$175,000] 54 $145,000 55 2. In any general or special election, receipt of public funds by a 56 participating candidate's authorized committees shall not exceed:S. 3668 5 1 (a) for Governor and Lieutenant Governor (combined) $3,500,000 2 (b) for Attorney General $3,500,000 3 (c) for Comptroller $3,500,000 4 (d) for State Senator $375,000 5 (e) for Member of the Assembly [$175,000] 6 $145,000 7 5. A candidate only on the ballot in one or more primary elections in 8 which the number of persons eligible to vote for party nominees in each 9 such election totals fewer than [one thousand] seven thousand five 10 hundred shall not receive public funds in excess of five thousand 11 dollars for qualified campaign expenditures in such election or 12 elections; provided, however, such candidate may receive up to five 13 thousand dollars per each additional one thousand voters over the first 14 seven thousand five hundred voters but shall not receive public funds in 15 excess of fifteen thousand dollars total for qualified campaign expendi- 16 tures in such election or elections. For the purposes of this section, 17 the number of persons eligible to vote for party nominees in a primary 18 election shall be as determined by the state board of elections for the 19 calendar year of the primary election. A candidate for office on the 20 ballot in more than one primary for such office, shall be deemed, for 21 purposes of this recommendation, to be a single candidate. 22 § 5. Subdivisions 3 and 4 of section 14-205 of the election law, as 23 added by section 4 of part ZZZ of chapter 58 of the laws of 2020, are 24 amended to read as follows: 25 3. Timing of payment. (a) The PCFB shall make any payment of public 26 matching funds to participating candidates as soon as is practicable. 27 But in all cases, it shall verify eligibility for public matching funds 28 within four days, excluding weekends and holidays, of receiving a 29 campaign contribution report filed in compliance with section 14-104 of 30 this article. Within two days of determining that a candidate for a 31 covered office is eligible for public matching funds, it shall authorize 32 payment of the applicable matching funds owed to the candidate. [The33PCFB shall schedule at least three payment dates in the thirty days34prior to a covered primary, general, or special election. If any of such35payments would require payment on a weekend or federal holiday, payment36shall be made on the next business day.] 37 (b) The PCFB shall schedule payment dates on (i) December fifteenth of 38 the year preceding the year of the covered election, (ii) January 39 fifteenth, February fifteenth, March fifteenth, April fifteenth, and a 40 minimum of three payment dates within the forty-five days prior to a 41 covered primary election, (iii) July fifteenth and a minimum of four 42 payment dates within the ninety days prior to a covered general 43 election, and (iv) a minimum of three payment dates within the thirty 44 days prior to any other covered election. If any of such payments would 45 require payment on a weekend or federal holiday, payment shall be made 46 on the next business day. A certification pursuant to paragraph (d) of 47 subdivision one of section 14-203 of this title shall be required to 48 have been filed with the PCFB no later than fifteen business days prior 49 to the December fifteenth, January fifteenth, February fifteenth, March 50 fifteenth, April fifteenth, or July fifteenth payment dates scheduled 51 pursuant to this subdivision for a participating candidate to receive 52 public funds on such payment date. For purposes of such payment dates, 53 the PCFB shall provide each candidate with a written determination spec- 54 ifying the basis for any non-payment. 55 4. Notwithstanding any provision of this section to the contrary, the 56 amount of public funds payable to a participating candidate on theS. 3668 6 1 ballot in any covered election shall not exceed one-quarter of the maxi- 2 mum public funds payment otherwise applicable and no participating 3 candidate shall be eligible to receive a disbursement of public funds 4 prior to two weeks after the last day to file designating petitions for 5 a primary election unless the participating candidate is opposed by a 6 competitive candidate. [The PCFB shall, by regulation, set forth objec-7tive standards to determine whether a candidate is competitive and the8procedures for qualifying for the payment of public funds.] A partic- 9 ipating candidate shall be considered opposed by a competitive candidate 10 when at least one of the following conditions are met: 11 (a) For a covered general election only if the margin of victory was 12 twenty points or less in a contest involving an opposing major party 13 candidate in an election for public office in an area encompassing all 14 or part of the area that is the subject of the current election in the 15 last eight years preceding the election of the covered office sought. 16 (b) The opposing candidate has received the endorsement of a current 17 or former statewide elected official, or a current or former federal 18 elected official representing all or a portion of the area represented 19 by the covered office sought, or a current or former United States 20 senator, or in the case of a district that encompasses a portion of New 21 York city, a current or former citywide elected official. 22 (c) The opposing candidate has received three or more endorsements 23 from other current or former state, county, city, town, or village 24 elected officials who represent all or a part of the area covered by the 25 election. 26 (d) In the past ten years, the opposing candidate's spouse, domestic 27 partner, sibling, parent, or child holds or has held elective office in 28 an area encompassing all or part of the district represented by the 29 covered office sought. 30 (e) The opposing candidate has been deemed eligible to receive public 31 funds payment for the covered election. 32 (f) If the general election in that district was within a twenty-point 33 margin within the last six years. 34 (g) If an individual is self-funding and has given themselves or 35 loaned themselves twenty-four thousand dollars for senate elections or 36 ten thousand dollars for assembly elections. 37 (h) The opposing candidate previously held elected office. 38 § 6. Section 14-206 of the election law is amended by adding a new 39 subdivision 3 to read as follows: 40 3. All political communications, including but not limited to broad- 41 cast, cable or satellite schedules and scripts, advertisements, 42 pamphlets, circulars, flyers, brochures, letterheads and other printed 43 matter purchased or produced, and statements or information published or 44 conveyed to five hundred or more members of a general public audience by 45 computer or other electronic device, including but not limited to elec- 46 tronic mail or text message, and paid internet or digital advertise- 47 ments, purchased in connection with a covered election shall include a 48 disclosure which says "New York State Public Campaign Finance Program 49 participant". 50 § 7. Section 14-207 of the election law is amended by adding a new 51 subdivision 3-a to read as follows: 52 3-a. The PCFB shall develop and administer in person and online train- 53 ing for individuals to become certified as compliance officers under 54 this title. Such training shall include information concerning compli- 55 ance with the rules of the public campaign finance program, disclosure 56 and record keeping requirements, obligations of the program, and otherS. 3668 7 1 relevant information as determined by the PCFB. The PCFB shall promul- 2 gate regulations for the certification of compliance officers pursuant 3 to this subdivision and shall publish a list of certified compliance 4 officers on its website which shall be updated every thirty days. 5 § 8. Paragraph (c) of subdivision 1 of section 14-208 of the election 6 law, as added by section 4 of part ZZZ of chapter 58 of the laws of 7 2020, is amended to read as follows: 8 (c) Except as provided in paragraph (b) of this subdivision, the PCFB 9 shall select not more than one-third of all participating candidates in 10 covered elections for audit through a lottery which shall be completed 11 within one year of the election in question. A separate lottery shall be 12 conducted for each office. The PCFB shall select senate and assembly 13 districts to be audited, auditing every candidate in each selected 14 district, while ensuring that the number of audited candidates within 15 those districts does not exceed fifty percent of all participating 16 candidates for the relevant office. The lottery for senate and assembly 17 elections shall be weighted to increase the likelihood that a district 18 for the relevant office is audited based on how frequently it has not 19 been selected for auditing during the past three election cycles. The 20 PCFB shall promulgate rules concerning the method of weighting the 21 senate and assembly lotteries, including provisions for the first three 22 election cycles for each office. The names of candidates selected for 23 an audit shall not be disclosed unless there is a declared finding of 24 wrongdoing by the PCFB. 25 § 9. Paragraph (c) of subdivision 2 of section 14-208 of the election 26 law, as added by section 4 of part ZZZ of chapter 58 of the laws of 27 2020, is amended and a new paragraph (d) is added to read as follows: 28 (c) If [the total sum of contributions received and public matching29payments from the fund received by a participating candidate and his or30her authorized committee exceed the total campaign expenditures of such31candidate and authorized committee for all covered elections held in the32same calendar year or for a special election to fill a vacancy] unspent 33 public matching funds remain in a participating candidate's authorized 34 committee bank account at the end of an election cycle that exceed the 35 participating candidate's total qualified campaign expenditures, such 36 candidate and committee shall [use such surplus funds to reimburse the37fund for payments received by such authorized committee from the fund38during such calendar year or for such special election] pay the fund the 39 amount of such surplus. Participating candidates shall make such 40 payments not later than twenty-seven days after all liabilities for the 41 election have been paid and in any event, not later than the day on 42 which the PCFB issues its final audit report for the participating 43 candidate's authorized committee; provided, however, that all unspent 44 public campaign funds for a participating candidate shall be immediately 45 due and payable to the PCFB upon a determination by the PCFB that the 46 participant has delayed the post-election audit. A participating candi- 47 date may make post-election expenditures with public funds only for 48 routine activities involving nominal [cost] costs associated with wind- 49 ing up a campaign and responding to the post-election audit. Nothing in 50 this title shall be construed to prevent a candidate or [his or her] 51 such candidate's authorized committee from using campaign contributions 52 received from private contributors for otherwise lawful expenditures. 53 (d) Candidates shall have thirty days to cure any violations identi- 54 fied by the PCFB in its post-election audit before there may be any 55 declared findings of wrongdoing.S. 3668 8 1 § 10. Section 14-212 of the election law, as added by section 4 of 2 part ZZZ of chapter 58 of the laws of 2020, is amended to read as 3 follows: 4 § 14-212. Severability. [If any clause, sentence, or other portion of5paragraph (c) of subdivision two of section 14-203 of this title be6adjudged by any court of competent jurisdiction to be invalid, then7subparagraphs (iii) and (iv) of paragraph (a) of subdivision two of8section 14-203 of this title shall read as follows:9(iii) state senator, except as otherwise provided in paragraph (c) of10this subdivision, not less than ten thousand dollars in matchable11contributions including at least one hundred and fifty matchable12contributions in an amount greater than five dollars and no greater than13the limits in this chapter, of which the first two hundred fifty dollars14shall be counted toward this qualifying threshold; and15(iv) member of the assembly, except as otherwise provided in paragraph16(c) of this subdivision, not less than five thousand dollars in matcha-17ble contributions including at least seventy-five matchable contrib-18utions in an amount greater than five dollars and no greater than the19limits in this chapter, of which the first two hundred fifty dollars20shall be counted toward this qualifying threshold.] If any clause, 21 sentence, paragraph, subdivision, section or part of this article shall 22 be determined by any court of competent jurisdiction to be invalid, such 23 judgment shall not affect, impair or invalidate the remainder thereof, 24 but shall be confined in its operation to the particular clause, 25 sentence, paragraph, subdivision, section or part thereof directly found 26 invalid in the judgment rendered. It is hereby declared to be the intent 27 of the legislature that this article would have been enacted even if 28 such invalid provisions had not been included herein. 29 § 11. Section 11 of part ZZZ of chapter 58 of the laws of 2020 amend- 30 ing the election law relating to public financing for state office; 31 amending the state finance law relating to establishing the New York 32 state campaign finance fund; and amending the tax law relating to estab- 33 lishing the NYS campaign finance fund check-off, is REPEALED. 34 § 12. This act shall take effect immediately; provided, however, 35 subparagraphs (iii) and (iv) of paragraph (a) of subdivision 2 of 36 section 14-203 of the election law, as amended by section three of this 37 act, shall apply to all general elections which take place on and after 38 such date and shall apply to all primary and special elections which 39 take place on and after the first of December next succeeding the date 40 on which it shall have become a law. Effective immediately, the addi- 41 tion, amendment and/or repeal of any rule or regulation necessary for 42 the implementation of this act on its effective date are authorized to 43 be made and completed by the public campaign finance board on or before 44 such effective date.