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NY A11299
Bill
Status
8/15/2018
Primary Sponsor
Thomas Abinanti
Click for details
AI Summary
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Establishes a voluntary public financing system for New York attorney general candidates, with a 2:1 match of public funds for each dollar of private contributions up to $250 per contributor, with a maximum of $4 million in public funds per general election.
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Creates the New York State Attorney General Campaign Finance Fund, funded through tax return check-offs ($40 per individual or $80 per joint return), abandoned property fund transfers, and private contributions.
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Sets eligibility threshold of $10,000 in matchable contributions including at least 100 contributions between $10-$250 from district residents for candidates to participate in the public financing system.
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Limits contributions to attorney general candidates to $0.01 per registered voter for participating candidates and $0.03 per registered voter for non-participating candidates, while allowing participating candidates to contribute three times the standard limit to their own campaigns.
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Requires detailed reporting of contributions, occupation and employer information for $500+ contributions, board compliance reviews, and post-election audits with repayment obligations; establishes civil penalties up to $10,000 and criminal penalties for violations.
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Expires June 1, 2023 unless renewed by the legislature.
Legislative Description
Relates to matching financing; relates to the New York state campaign finance fund and the abandoned property fund.
Last Action
print number 11299a
9/19/2018