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NY A03292
Bill
Status
2/2/2023
Primary Sponsor
Jeffrey Dinowitz
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AI Summary
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Amends the definition of "matchable contribution" in the public campaign financing program to allow matching funds for up to $250 of any contribution amount, rather than limiting matching to contributions not exceeding $250 total.
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Changes the language from "not more than" to "up to" $250, clarifying that contributions exceeding $250 can have their first $250 matched by the state.
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Applies to contributions from New York residents for state-level candidates and to contributions from residents within the specific district for state assembly or state senate candidates.
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Requires all contributions to be fully reported to the PCFB (Public Campaign Finance Board) and contributed by the election day to qualify for matching funds.
Legislative Description
Provides that contributions up to the first $250 of any contribution amount shall be matchable contributions under the public campaign financing program.
Last Action
referred to election law
1/3/2024