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NY S08160
Bill
Status
8/24/2016
Primary Sponsor
John Flanagan
Click for details
AI Summary
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Redefines independent expenditures to prohibit coordination with candidates, including nine specific coordination triggers (Part A), with reporting requirements for committees receiving contributions over $1,000 or making expenditures over $5,000.
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Requires independent expenditure committees and political action committees to register separately; prohibits independent expenditure committees from contributing to candidates and prohibits political action committees from making independent expenditures (Parts A and H).
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Mandates campaign funds disposition within two years of candidate death through return to contributors, charitable donations, state university donations, state general fund, or transfer to authorized committees (Part C).
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Lowers lobbying funding disclosure thresholds from $50,000 to $15,000 in aggregate spending and from $5,000 to $2,500 per source, with expanded in-kind donation reporting for 501(c)(4) organizations (Part D).
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Establishes financial disclosure requirements for 501(c)(4) entities making expenditures exceeding $10,000 annually for covered communications and for 501(c)(3) entities making in-kind donations exceeding $2,500 (Parts F and G).
Legislative Description
Relates to independent expenditures during election campaigns; provides that independent expenditures shall not include payments or expenditures where coordination occurs in the creation, formation or operation of the person making such payment or expenditure (Part A); relates to monies received and expenditures made by a party committee or constituted committee (Part B); amends the election law, in relation to disposition of campaign funds (Part C); relates to in-kind donations (Part D); relates to contingency fees (Part E); relates to the disclosure of certain donations by charitable non-profit entities (Part F); relates to the disclosure of certain activities by non-charitable non-profit entities (Part G); relates to the registration of certain service providers and political consulting services; defines terms (Part H); relates to communications with professional journalists and newscasters (Part I); relates to investigations by the joint commission on public ethics and to violations of the lobbying act (Part J); and relates to financial disclosure forms (Part K).
Last Action
APPROVAL MEMO.4
8/24/2016