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NY S06259
Bill
Status
11/2/2009
Primary Sponsor
Neil Breslin
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AI Summary
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Requires remaining campaign funds to be transferred to the New York State Comptroller for deposit in the general state treasury upon death of a candidate, former candidate, or elected official.
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Political committee treasurers must notify the State Board of Elections within thirty days of the death of the candidate or official.
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Allows candidates to designate a charitable organization to receive remaining campaign funds upon their death by filing notice with the State Board of Elections.
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If a designated charitable organization no longer exists at the time of the candidate's death, remaining funds revert to the state general treasury.
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Takes effect sixty 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
ORDERED TO THIRD READING CAL.1042
6/18/2010