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NY A05837

Bill

Official Source

Status

Introduced

3/5/2015

Primary Sponsor

Brian Kavanagh

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Origin

Assembly

2015-2016 General Assembly

AI Summary

  • Reduces the aggregate calendar limit on individual contributions to state and local political candidates and party positions in New York from $150,000 to $75,000 per calendar year
  • Applies the new limit to contributions, loans, and guarantees made by individuals within the state
  • Defines "loan" or "guarantee" as those not repaid or discharged in the same calendar year they are made
  • Takes effect on January 1 of the year following enactment
  • Maintains existing exceptions for candidates and their families

Legislative Description

Lowers the annual candidate contribution limit from $150,000 to $75,000.

Last Action

enacting clause stricken

6/17/2016

Committee Referrals

Election Law3/5/2015

Full Bill Text

No bill text available