S T A T E O F N E W Y O R K ________________________________________________________________________ 3054 2011-2012 Regular Sessions I N S E N A T E February 7, 2011 ___________ Introduced by Sens. BRESLIN, KRUEGER, MONTGOMERY, OPPENHEIMER -- 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 statements of campaign receipts; and to repeal certain provisions of the election law relat- ing thereto THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Subdivision 5 of section 14-102 of the election law is 2 REPEALED, subdivision 1, as amended by chapter 8 of the laws of 1978, 3 and as redesignated by chapter 9 of the laws of 1978, is amended to read 4 as follows: 5 1. The treasurer of every political committee which, or any officer, 6 member or agent of any such committee who, in connection with any 7 election, receives or expends any money or other [valuable thing] ITEM 8 OF VALUE or incurs any liability to pay money or its equivalent shall 9 file statements sworn, or subscribed and bearing a form notice that 10 false statements made therein are punishable as a class A misdemeanor 11 pursuant to section 210.45 of the penal law, at the times prescribed by 12 this article setting forth all the receipts, contributions to and the 13 expenditures by and liabilities of the committee, and of its officers, 14 members and agents in its behalf. Such statements shall include the 15 dollar amount of any receipt, contribution or transfer, or the fair 16 market value of any receipt, contribution or transfer, which is other 17 than of money, the name and address of the transferor, contributor or 18 person from whom received, and if the transferor, contributor or person 19 is a political committee; the name of and the political unit represented 20 by the committee, the date of its receipt, the dollar amount of every 21 expenditure, the name and address of the person to whom it was made or 22 the name of and the political unit represented by the committee to which 23 it was made and the date thereof, and shall state clearly the purpose of EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07654-01-1 S. 3054 2 1 such expenditure. IF ANY ONE EXPENDITURE IS MADE FOR MORE THAN ONE 2 PURPOSE, OR AS PAYMENT FOR GOODS OR SERVICES SUPPLIED BY MORE THAN ONE 3 SUPPLIER, SUCH STATEMENT SHALL SET FORTH SEPARATELY EACH SUCH PURPOSE OR 4 SUPPLIER AND THE AMOUNT EXPENDED FOR EACH SUCH PURPOSE OR TO EACH SUCH 5 SUPPLIER. 6 Any statement reporting a loan shall have attached to it a copy of the 7 evidence of indebtedness. Expenditures in sums under fifty dollars need 8 not be specifically accounted for by separate items in said statements, 9 and receipts and contributions aggregating not more than ninety-nine 10 dollars, from any one contributor need not be specifically accounted for 11 by separate items in said statements, provided however, that such 12 expenditures, receipts and contributions shall be subject to the other 13 provisions of section 14-118 of this article. 14 S 2. This act shall take effect immediately.