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NY S02111
Bill
Status
1/19/2021
Primary Sponsor
Joseph Addabbo
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AI Summary
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Requires campaign finance statements to include the occupation of contributors and transferors, in addition to existing name and address requirements.
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Mandates disclosure of employer name and address for natural persons contributing $200 or more, and business address for political committees and other entities making contributions or loans.
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Requires separate itemization of expenditures when a single payment covers multiple purposes or involves multiple suppliers.
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Directs the State Board of Elections to promulgate regulations ensuring maximum possible disclosure in campaign finance reporting.
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Takes effect 60 days after enactment, with contributions received before the effective date permitted to be retained and expended without violating election law.
Legislative Description
Relates to the content of statements of campaign receipts, contributions, transfers and expenditures to and by political committees; requires such statements to include the occupation of the contributor, and in certain cases such person's employer and business address.
Last Action
REFERRED TO ELECTIONS
1/5/2022