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NY A11517
Bill
Status
6/21/2010
Primary Sponsor
John McEneny
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AI Summary
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Requires remaining campaign funds in political committee accounts to be transferred to the New York State Comptroller for deposit in the general treasury upon the death of a candidate, former candidate, or elected official
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Mandates that a political committee treasurer notify the State Board of Elections within 30 days of the death of the candidate or official
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Allows candidates, former candidates, or officials to designate a charitable organization at any time to receive remaining campaign account funds upon their death by filing notice with the State Board of Elections
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Provides that if a designated charitable organization no longer exists at the time of the person's death, remaining funds shall be transferred to the state general treasury instead
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Takes effect 60 days after enactment and applies only to campaign contributions received after the effective date
Legislative Description
Provides that upon the death of a candidate, former candidate or holder of elective office, remaining campaign accounts be transferred to the state treasury unless a charitable organization has been designated to receive such moneys.
Last Action
referred to election law
6/21/2010