Bill S941-2013

Requires the filing of additional transferor and contributor identification information in campaign receipt and expenditure statements

Requires the filing of additional transferor and contributor identification information in campaign receipt and expenditure statements for the receipt of amounts over one hundred dollars, including the occupation, employer and employer's address in the case of an individual, and the full name and address of any partnership, committee, association, corporation, labor organization or group of persons.

Details

Actions

  • Jan 8, 2014: REFERRED TO ELECTIONS
  • Jan 9, 2013: REFERRED TO ELECTIONS

Memo

BILL NUMBER:S941

TITLE OF BILL: An act to amend the election law, in relation to requiring additional transferor and contributor identification information in campaign receipt and expenditure statements

PURPOSE: This bill would require a political committee to disclose a contributor's occupation, employer and full name and address.

SUMMARY OF PROVISIONS: Section 1 of the bill would amend subdivision 1 of section 14-102 of the election law, as amended by chapter 8 of the laws of 1978 and as redesignated by chapter 9 of the laws of 1978, to require a political committee to disclose additional information regarding contributors who give $100 or more to a political committee. For individual contributors giving $100 or more, the contributor's occupation, employer, and employer's address would be required. For organizational contributors delineated in the amended text, the additional information would be the full name and address of the organization.

Section 2 of the bill establishes the effective date.

JUSTIFICATION: Campaign fundraising practices are having a corrosive effect on the public's confidence in the integrity of government. Too often, citizens feel that their individual votes are of little consequence. The cumulative impact is a significant threat to the fundamental values of democracy. A fundamental component of campaign finance laws is that campaign committees must disclose the identity of contributors. The rationale is that public awareness of who has contributed may reduce the possibility of elected officials favoring contributors. Requiring that significant contributors disclose their occupations and employers is necessary to ensure that contributors are adequately identified and to provide the public with additional information that may be useful in assessing where a contributor's interests may lie-and how an elected official might favor that contributor. The additional identification information required by the bill is the same as is required under federal law for contributions to federal political committees.

LEGISLATIVE HISTORY: 2011: S.3725 (Kruger) 2010: A.4012A (Kavanagh) - Election Law 2009: A.4012 (Kavanagh) - Election Law

FISCAL IMPLICATIONS: None.

EFFECTIVE DATE: This act shall take effect on the first of December next succeeding the date on which it shall have become a law.


Text

STATE OF NEW YORK ________________________________________________________________________ 941 2013-2014 Regular Sessions IN SENATE (PREFILED) January 9, 2013 ___________
Introduced by Sen. RIVERA -- 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 requiring additional transferor and contributor identification information in campaign receipt and expenditure statements THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 14-102 of the election law, as amended by chapter 8 of the laws of 1978 and as redesignated by chapter 9 of the laws of 1978, is amended to read as follows: 1. The treasurer of every political committee which, or any officer, member or agent of any such committee who, in connection with any election, receives or expends any money or other valuable thing or incurs any liability to pay money or its equivalent shall file state- ments sworn, or subscribed and bearing a form notice that false state- ments made therein are punishable as a class A misdemeanor pursuant to section 210.45 of the penal law, at the times prescribed by this article setting forth all the receipts, contributions to and the expenditures by and liabilities of the committee, and of its officers, members and agents in its behalf. Such statements shall include the dollar amount of any receipt, contribution or transfer, or the fair market value of any receipt, contribution or transfer, which is other than of money, the name [and], address AND OTHER IDENTIFICATION of the transferor, contrib- utor or person from whom received, and if the transferor, contributor or person is a political committee; the name of and the political unit represented by the committee, the date of its receipt, the dollar amount of every expenditure, the name and address of the person to whom it was made or the name of and the political unit represented by the committee to which it was made and the date thereof, and shall state clearly the purpose of such expenditure. THE REQUIREMENT TO INCLUDE OTHER IDENTIFI-
CATION SHALL APPLY ONLY WITH RESPECT TO A TRANSFER OR CONTRIBUTION FROM ANY ONE TRANSFEROR OR CONTRIBUTOR WHICH EITHER RESULTS IN THE AGGREGATE TRANSFERS OR CONTRIBUTIONS FROM THAT ONE TRANSFEROR OR CONTRIBUTOR EXCEEDING THE SUM OF NINETY-NINE DOLLARS OR IS A TRANSFER OR CONTRIB- UTION WHICH OCCURS AFTER SUCH NINETY-NINE DOLLAR THRESHOLD IS REACHED. THE OTHER IDENTIFICATION REQUIRED WITH RESPECT TO AN INDIVIDUAL TRANSFE- ROR OR CONTRIBUTOR SHALL BE HIS OR HER OCCUPATION, EMPLOYER AND EMPLOY- ER'S ADDRESS. THE OTHER IDENTIFICATION REQUIRED WITH RESPECT TO ANY PARTNERSHIP, COMMITTEE, ASSOCIATION, CORPORATION, LABOR ORGANIZATION OR OTHER ORGANIZATION OR GROUP OF PERSONS SHALL BE ITS FULL NAME AND ADDRESS. Any statement reporting a loan shall have attached to it a copy of the evidence of indebtedness. Expenditures in sums under fifty dollars need not be specifically accounted for by separate items in said statements, and receipts and contributions aggregating not more than ninety-nine dollars, from any one contributor need not be specifically accounted for by separate items in said statements, provided however, that such expenditures, receipts and contributions shall be subject to the other provisions of section 14-118 of this article. S 2. This act shall take effect on the first of December next succeed- ing the date on which it shall have become a law.

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