NY A08006

Restricts campaign fund expenditures to only bona fide purposes directly related to promoting a candidate's nomination or election, or performing unpaid duties of public office or party position.

Defines personal use as expenditures for personal benefit, normal living expenses, commitments that would exist regardless of campaign status, or amounts treated as gross income under Internal Revenue Code section 61.

Prohibits campaign fund use for residential expenses, tuition, entertainment, automobile purchases or long-term leases, club memberships, fines and penalties, and interest on campaign loans.

Allows candidates to lease office equipment purchased with personal funds to campaign committees at fair market value, provided a written lease agreement is filed with campaign finance disclosures.

Requires disposition of campaign funds within twelve months following a candidate's death through return to contributors, charitable donation, transfer to political parties or candidates (within contribution limits), or transfer to state general fund.