Enacts the "campaign finance reporting accountability act"; establishes the crime of failure to file campaign statements, a class A misdemeanor.
TITLE OF BILL: An act to amend the penal law, in relation to establishing the crime of failure to file campaign statements, a class A misdemeanor
Purpose: The purpose of this bill is to strengthen the campaign finance law by requiring on time reporting of donations and expenses.
Summary of Provisions:
Section 1: Establishes the title of this bill as the "Campaign Finance Reporting Accountability Act."
Section 2: Creates a new section, Section 190.90 of the Penal Law;
Section 190.90: Establishes that if reporting of donations and expenses fail to be reported, knowingly, on three or more occasions, within thirty days such statement is due, is accountable of failing to file campaign statements, which is a class A misdemeanor.
Section 3: States the law shall take effect on the first of November next succeeding the date on which it shall have become a law.
Justification: It is estimated that New York has 2,300 campaign finance committees, controlling $31 million, that have not been filed in a timely manner. Candidates and campaign treasurers must be held accountable for the reporting of their contributions and expenses in a timely fashion. A failure to do so creates an unpleasant image of New York government, which causes an environment of public mistrust. This legislation would deconstruct that image by strengthening laws allowing for full disclosure and transparency and holding public officials more accountable to their constituents.
Prior Legislative History: New Bill.
Fiscal Implications: None.
Effective Date: This act shall take effect on the first of November next succeeding the date on which it shall have become a law.
STATE OF NEW YORK ________________________________________________________________________ 4622 2013-2014 Regular Sessions IN SENATE April 16, 2013 ___________Introduced by Sen. VALESKY -- read twice and ordered printed, and when printed to be committed to the Committee on Codes AN ACT to amend the penal law, in relation to establishing the crime of failure to file campaign statements, a class A misdemeanor THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. This act shall be known and may be cited as the "campaign finance reporting accountability act". S 2. The penal law is amended by adding a new section 190.90 to read as follows: S 190.90 FAILURE TO FILE CAMPAIGN STATEMENTS. ANY PERSON, REQUIRED TO FILE A STATEMENT PURSUANT TO ARTICLE FOURTEEN OF THE ELECTION LAW, WHO KNOWINGLY, ON THREE OR MORE OCCASIONS, FAILS TO FILE SUCH A STATEMENT WITHIN THIRTY DAYS OF THE DATE SUCH STATEMENT IS DUE, SHALL BE GUILTY OF FAILURE TO FILE CAMPAIGN STATEMENTS. FAILURE TO FILE CAMPAIGN STATEMENTS IS A CLASS A MISDEMEANOR. S 3. This act shall take effect on the first of November next succeed- ing the date on which it shall have become a law.EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07899-01-3