S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  7506

                            I N  S E N A T E

                               May 5, 2016
                               ___________

Introduced  by  Sens.  KLEIN,  AVELLA, CARLUCCI, SAVINO, VALESKY -- read
  twice and ordered printed, and when printed to  be  committed  to  the
  Committee on Elections

AN  ACT  to  amend the election law, in relation to overhauling campaign
  financing and providing a voluntary financing  program  for  campaigns
  for  state officers; to amend the general business law, in relation to
  authorizing the imposition of an additional  surcharge  on  recoveries
  for  fraudulent  practices relating to stocks, bonds and other securi-
  ties; to amend the state finance law, in relation to establishing  the
  New York state campaign finance fund and providing for transfers ther-
  eto  from  the  abandoned  property  fund;  to  amend  the tax law, in
  relation to providing for a  New  York  state  campaign  finance  fund
  check-off; and to repeal certain provisions of the election law relat-
  ing thereto

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Short title. This act shall be known and may  be  cited  as
the "integrity in elections act of 2016".
  S  2.  Legislative intent.  The legislature declares that it is in the
public interest to  create  and  ensure  a  truly  democratic  political
system,  one  of the highest integrity, in which citizens, regardless of
their income, status or financial wealth, are enabled and encouraged  to
compete  for  public office. The legislature further declares that large
and unregulated independent expenditures may grant the financial backers
of such independent expenditures undue influence in  election  based  on
ability  to pay.  Finally, the legislature further declares that present
campaign finance laws must be amended to ensure that the voices of indi-
vidual small contributors are heard and that elections are conducted  in
a fair and open manner.
  Therefore, the legislature finds it necessary to establish a voluntary
system  for  the financing of campaigns for all qualified candidates for
state elective offices  and  constitutional  convention  delegates.  The
legislature  further  finds that this new system which provides matching
funds for small contributions from individuals allows increased  citizen

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
              

                                                           LBD13343-03-6

S. 7506                             2

participation  in  state  elections.  The legislature also creates a new
campaign finance board placed within and working hand in hand  with  the
state  board of elections to provide effective oversight and enforcement
of  the  voluntary  campaign  financing system. Finally, the legislature
lowers contribution limits for all  contributors,  whether  or  not  the
candidate  participates  in  the  voluntary system, thereby removing the
influence of large contributions in state and local elections.
  S 3. Subdivision 10 of section 14-100 of the election law, as added by
chapter 8 of the laws of 1978 and as redesignated by chapter  9  of  the
laws  of  1978,  is amended and a new subdivision 15 is added to read as
follows:
  10. "transfer" means any exchange of  funds  or  any  thing  of  value
between political committees authorized by the same candidate and taking
part  solely in his OR HER campaign[, or any exchange of funds between a
party or constituted committee and a candidate or any of his  authorized
political committees].
  15.  "BOARD",  "STATE  BOARD"  OR "STATE BOARD OF ELECTIONS" MEANS THE
CAMPAIGN FINANCE BOARD AS ESTABLISHED IN TITLE TWO OF THIS ARTICLE.
  S 4. Subdivision 1 of section 14-102 of the election law,  as  amended
by chapter 8 of the laws of 1978 and as redesignated by chapter 9 of the
laws of 1978, is amended to read as follows:
  1.  The  treasurer of every political committee which, or any officer,
member or agent of any  such  committee  who,  in  connection  with  any
election,  receives  or  expends  any  money  or other valuable thing or
incurs any liability to pay money or its equivalent  shall  file  state-
ments  sworn,  or subscribed and bearing a form notice that false state-
ments made therein are punishable as a class A misdemeanor  pursuant  to
section  210.45 of the penal law, at the times prescribed by this [arti-
cle] TITLE setting forth all the  receipts,  contributions  to  and  the
expenditures  by  and liabilities of the committee, and of its officers,
members and agents in its behalf.  Such  statements  shall  include  the
dollar  amount  of  any receipt[,] OR contribution [or transfer], or the
fair market value of any receipt[,] OR contribution [or transfer], which
is other than of money,  the  name  and  address  of  the  [transferor,]
contributor  or  person  from  whom  received,  and  [if the transferor,
contributor or person is] FOR ANY TRANSFER, CONTRIBUTION OR RECEIPT MADE
BY a political committee; the name of and the political unit represented
by the committee, the date of its receipt, the dollar  amount  of  every
expenditure,  the  name and address of the person to whom it was made or
the name of and the political unit represented by the committee to which
it was made and the date thereof, and shall state clearly the purpose of
such expenditure.  Any statement reporting a loan shall have attached to
it a copy of the evidence of indebtedness. Expenditures  in  sums  under
fifty  dollars  need not be specifically accounted for by separate items
in said statements, and receipts and contributions aggregating not  more
than  ninety-nine  dollars, from any one contributor need not be specif-
ically accounted for by separate  items  in  said  statements,  provided
however,  that  such  expenditures,  receipts and contributions shall be
subject to the other provisions of  section  14-118  of  this  [article]
TITLE.
  S  5.  Section  14-107  of  the  election law as added by section 4 of
subpart C of part H of chapter 55 of the laws of 2014, subdivision 1  as
amended  by  section  8 of part CC of chapter 56 of the laws of 2015, is
amended to read as follows:
  S 14-107. Independent expenditure reporting. 1. For purposes  of  this
article:

S. 7506                             3

  (a)  "Independent  expenditure"  means an expenditure made by a person
conveyed to five hundred or more members of a general public audience in
the form of (i) an audio or video communication via broadcast, cable  or
satellite,  (ii)  a written communication via advertisements, pamphlets,
circulars,  flyers,  brochures,  letterheads  or  (iii)  other published
statements which: (i) irrespective of when such communication  is  made,
contains  words  such as "vote," "oppose," "support," "elect," "defeat,"
or "reject," which call for the election or defeat of the clearly  iden-
tified  candidate, (ii) refers to and advocates for or against a clearly
identified candidate or ballot proposal on or after January first of the
year of the election in which such candidate is seeking office  or  such
proposal shall appear on the ballot, or (iii) within sixty days before a
general  or  special  election for the office sought by the candidate or
thirty days before a primary election, includes or references a  clearly
identified  candidate.  An  independent  expenditure  shall  not include
communications where such candidate, the candidate's political committee
or its agents, a party committee or its agents, or a constituted commit-
tee or its agents or a political committee formed to promote the success
or defeat of a ballot proposal or its agents,  did  authorize,  request,
suggest, foster or cooperate in such communication.
  (b)  "INDEPENDENT SPENDER" MEANS AN INDIVIDUAL OR ENTITY THAT MAKES AN
INDEPENDENT EXPENDITURE OR ELECTIONEERING COMMUNICATION.
  (C) "ELECTIONEERING COMMUNICATION" MEANS:
  (I) AN AUDIO OR VIDEO COMMUNICATION TO A GENERAL PUBLIC  AUDIENCE  VIA
BROADCAST, CABLE OR SATELLITE, OR A COMMUNICATION MADE BY PAID ADVERTIS-
ING  THAT  IS  PUBLISHED ON THE INTERNET OR IN A NEWSPAPER OR PERIODICAL
DISTRIBUTED TO A GENERAL PUBLIC AUDIENCE, OR  A  COMMUNICATION  TO  FIVE
HUNDRED  OR MORE MEMBERS OF A GENERAL PUBLIC AUDIENCE BY PHONE, COMPUTER
OR OTHER ELECTRONIC DEVICES;
  (II) WHICH IS BROADCAST OR PUBLISHED WITHIN SIXTY DAYS  OF  A  GENERAL
ELECTION OR THIRTY DAYS OF A PRIMARY ELECTION;
  (III)  WHICH  REFERS  TO  A  CLEARLY  IDENTIFIED  CANDIDATE  OR BALLOT
PROPOSAL; AND
  (IV) SUCH  CANDIDATE,  THE  CANDIDATE'S  POLITICAL  COMMITTEE  OR  ITS
AGENTS, OR A POLITICAL COMMITTEE FORMED TO PROMOTE THE SUCCESS OR DEFEAT
OF A BALLOT PROPOSAL OR ITS AGENTS, DID NOT AUTHORIZE, REQUEST, SUGGEST,
FOSTER OR COOPERATE IN ANY SUCH COMMUNICATION.
  (D)  Independent  expenditures  [do] AND ELECTIONEERING COMMUNICATIONS
SHALL not include [expenditures in connection with]:
  (i) a written news story, commentary, or editorial or  a  news  story,
commentary,  or  editorial  distributed  through  the  facilities of any
broadcasting station, cable or  satellite  unless  such  publication  or
facilities  are  owned  or  controlled by any political party, political
committee or candidate; or
  (ii) a communication that constitutes a candidate debate or forum; or
  (iii) internal communication by members to other members of a  member-
ship organization of not more than five hundred members, for the purpose
of supporting or opposing a candidate or candidates for elective office,
provided  such expenditures are not used for the costs of campaign mate-
rial or communications used in connection with  broadcasting,  telecast-
ing, newspapers, magazines, or other periodical publication, billboards,
or similar types of general public communications; or
  (iv)  internal communications by members to other members of a member-
ship organization of not more than  five  hundred  members  or  communi-
cations  by  a corporation organized for charitable purposes pursuant to
S501(c)(3) of the internal revenue code,  within  sixty  days  before  a

S. 7506                             4

general  or  special  election for the office sought by the candidate or
thirty days before a primary election, that  includes  or  references  a
clearly  identified candidate but does not otherwise qualify as an inde-
pendent expenditure under this section.
  (v)  a  communication  published  on the Internet, unless the communi-
cation is a paid advertisement.
  [(c)] (E) For purposes of this section, the term "person"  shall  mean
person,  group  of persons, corporation, unincorporated business entity,
labor organization or business, trade  or  professional  association  or
organization, or political committee; provided, however, that such defi-
nition  shall  not  include  any party or constituted committee, that is
required to file disclosure reports under this chapter.
  2. Whenever any person makes an  independent  expenditure  that  costs
more  than  one  thousand  dollars  in the aggregate, such communication
shall clearly state the name of the person who paid  for,  or  otherwise
published  or  distributed  the communication and state, with respect to
communications regarding candidates,  that  the  communication  was  not
expressly  authorized  or  requested  by any candidate, or by any candi-
date's political committee or any of its agents.
  3. (a) Any person prior to making any  independent  expenditure  shall
first  register with the state board of elections as a political commit-
tee in conformance with this article. Such person shall comply with  all
disclosure obligations required for political committees by law.
  (b)  Any  person  who has registered with the state board of elections
pursuant to paragraph (a) of this  subdivision  shall  disclose  to  the
state  board  of  elections  electronically,  once  a week on Friday any
contribution to such person over one thousand dollars or expenditures by
such person over five thousand dollars made prior to thirty days  before
any primary, general, or special election.
  (c)  Any  person  who has registered with the state board of elections
pursuant to paragraph (a) of this  subdivision  shall  disclose  to  the
state  board  of  elections  electronically, within twenty-four hours of
receipt, any contribution to such person over one  thousand  dollars  or
expenditure by such person over five thousand dollars made within thirty
days before any primary, general, or special election.
  (D)  ANY  INDEPENDENT EXPENDITURE OR ELECTIONEERING COMMUNICATION MADE
AFTER THE CLOSE OF THE PERIOD TO BE COVERED IN THE LAST STATEMENT  FILED
BEFORE  ANY  PRIMARY,  GENERAL  OR  SPECIAL  ELECTION,  BUT  BEFORE SUCH
ELECTION, SHALL BE REPORTED WITHIN TWENTY-FOUR HOURS IN THE SAME  MANNER
AS PROVIDED FOR IN SUBDIVISION TWO OF SECTION 14-108 OF THIS TITLE.
  [(d)]  (E)  A  knowing and willful violation of the provisions of this
subdivision shall subject the person to a civil penalty  equal  to  five
thousand dollars or the cost of the communication, whichever is greater,
in  a special proceeding or civil action brought by the board or imposed
directly by the board of elections.
  4. The disclosures required by subdivision three of this section shall
include, in addition to any other information required by law:
  (a) the name, address, occupation and employer of  the  person  making
the statement;
  (b)  the  name,  address, occupation and employer of the person making
the independent expenditure;
  (c) the name, address, occupation and employer of any person providing
a contribution, gift, loan, advance or deposit of one  thousand  dollars
or  more  for  the independent expenditure, or the provision of services
for the same, and the date it was given;

S. 7506                             5

  (d) the dollar amount paid for each independent expenditure OR ELECTI-
ONEERING COMMUNICATION, the name and address of  the  person  or  entity
receiving  the  payment, the date the payment was made and a description
of the independent expenditure; [and]
  (e)  the election to which the independent expenditure OR ELECTIONEER-
ING COMMUNICATION pertains and the name of the clearly identified candi-
date or the ballot proposal referenced[.];
  (F) IF THE INDEPENDENT SPENDER MAKES INDEPENDENT EXPENDITURES OR ELEC-
TIONEERING COMMUNICATIONS USING EXCLUSIVELY FUNDS IN A  SEGREGATED  BANK
ACCOUNT  CONSISTING  OF FUNDS THAT WERE PAID DIRECTLY TO SUCH ACCOUNT BY
PERSONS OTHER THAN THE INDEPENDENT SPENDER THAT  CONTROLS  THE  ACCOUNT,
FOR  EACH  SUCH PAYMENT TO THE ACCOUNT, THE AGGREGATE AMOUNT OF ALL SUCH
PAYMENTS MADE BY THE PERSON AFTER JANUARY FIRST OF THE YEAR IN WHICH THE
PRIMARY, GENERAL, OR SPECIAL ELECTION IS HELD FOR A BALLOT  PROPOSAL  OR
THE  PUBLIC OFFICE SOUGHT; BUT ONLY IF SUCH PAYMENT WAS MADE BY A PERSON
WHO MADE PAYMENTS TO THE ACCOUNT IN AN AGGREGATE AMOUNT OF ONE  THOUSAND
DOLLARS  OR  MORE  AFTER JANUARY FIRST OF THE YEAR IN WHICH THE PRIMARY,
GENERAL, OR SPECIAL ELECTION IS HELD FOR A BALLOT PROPOSAL OR THE PUBLIC
OFFICE SOUGHT; AND
  (G) IF THE INDEPENDENT SPENDER MAKES INDEPENDENT EXPENDITURES OR ELEC-
TIONEERING COMMUNICATIONS USING FUNDS OTHER THAN FUNDS IN  A  SEGREGATED
BANK  ACCOUNT  DESCRIBED  IN PARAGRAPH (F) OF THIS SUBDIVISION, FOR EACH
PAYMENT TO THE INDEPENDENT SPENDER:
  (I) THE NAME AND ADDRESS OF EACH PERSON WHO MADE SUCH  PAYMENT  DURING
THE PERIOD COVERED BY THE STATEMENT;
  (II) THE DATE AND AMOUNT OF SUCH PAYMENT; AND
  (III)  THE  AGGREGATE  AMOUNT  OF ALL SUCH PAYMENTS MADE BY THE PERSON
AFTER JANUARY FIRST OF THE  YEAR  IN  WHICH  THE  PRIMARY,  GENERAL,  OR
SPECIAL  ELECTION  IS  HELD  FOR  A BALLOT PROPOSAL OR THE PUBLIC OFFICE
SOUGHT; BUT ONLY IF SUCH PAYMENT WAS MADE BY A PERSON WHO MADE  PAYMENTS
TO  THE  INDEPENDENT  SPENDER  IN  AN  AGGREGATE  AMOUNT OF ONE THOUSAND
DOLLARS OR MORE AFTER JANUARY FIRST OF THE YEAR IN  WHICH  THE  PRIMARY,
GENERAL, OR SPECIAL ELECTION IS HELD FOR A BALLOT PROPOSAL OR THE PUBLIC
OFFICE SOUGHT.
  5.  A copy of all political communications paid for by the independent
expenditure, including but not limited to broadcast, cable or  satellite
schedules  and  scripts,  advertisements,  pamphlets, circulars, flyers,
brochures, letterheads and other printed matter and statements or infor-
mation conveyed to one thousand or more  members  of  a  general  public
audience by computer or other electronic devices shall be filed with the
state board of elections with the statements required by this section.
  6.    ANY REPORT OF A LOAN THAT IS MADE FOR AN INDEPENDENT EXPENDITURE
SHALL INCLUDE WRITTEN EVIDENCE OF THE INDEBTEDNESS.
  7. (A) WHEN AN INDEPENDENT SPENDER THAT IS AN ENTITY MAKING  INDEPEND-
ENT EXPENDITURES OR ELECTIONEERING COMMUNICATIONS OF ONE HUNDRED DOLLARS
OR  MORE  AGGREGATING FIVE THOUSAND DOLLARS OR MORE IN THE TWELVE MONTHS
PRECEDING THE ELECTION FOR  COMMUNICATIONS  THAT  REFER  TO  ANY  SINGLE
CANDIDATE, IT IS REQUIRED TO REPORT:
  (I)  ALL  CONTRIBUTIONS FROM OTHER ENTITIES SINCE THE FIRST DAY OF THE
CALENDAR YEAR PRECEDING THE YEAR OF THE ELECTION; AND
  (II) ALL  CONTRIBUTIONS  AGGREGATING  ONE  THOUSAND  DOLLARS  OR  MORE
ACCEPTED  FROM  AN  INDIVIDUAL  DURING  THE  TWELVE MONTHS PRECEDING THE
ELECTION.
  (B) EACH CONTRIBUTION SHALL BE DISCLOSED IN THE  REPORTING  PERIOD  IN
WHICH  IT  WAS  RECEIVED. FOR EACH CONTRIBUTION, THE INDEPENDENT SPENDER
SHALL PROVIDE:

S. 7506                             6

  (I) FOR EACH CONTRIBUTION ACCEPTED FROM ANOTHER ENTITY,  THE  ENTITY'S
NAME, ADDRESS AND TYPE OF ORGANIZATION;
  (II)  FOR  EACH CONTRIBUTION ACCEPTED FROM AN INDIVIDUAL, THE INDIVID-
UAL'S NAME AND ADDRESS; AND
  (III) THE DATE OF RECEIPT AND AMOUNT OF EACH SUCH CONTRIBUTION.
  (C) CONTRIBUTIONS THAT ARE EARMARKED FOR AN EXPLICITLY  STATED  NON-E-
LECTORAL  PURPOSE  ARE  NOT  REQUIRED TO BE REPORTED; PROVIDED, HOWEVER,
THAT RECORDS OF THESE  CONTRIBUTIONS  MUST  BE  MAINTAINED  AND  MAY  BE
REQUESTED   BY  THE  BOARD  TO  VERIFY  THEIR  QUALIFICATIONS  FOR  THIS
EXEMPTION.
  8. Every statement required to be filed pursuant to this section shall
be filed electronically with the state board of elections.
  [7.] 9. The state board of elections shall promulgate regulations with
respect to the statements required to be filed by this section and shall
provide forms suitable for such statements.
  S 6. Subdivisions 1 and 3 of  section  14-114  of  the  election  law,
subdivision 1 as amended by chapter 79 of the laws of 1992, paragraphs a
and b of subdivision 1 as amended by chapter 659 of the laws of 1994 and
subdivision 3 as amended by chapter 517 of the laws of 1986, are amended
to read as follows:
  1.  The following limitations apply to all contributions to candidates
for election to any public office or for nomination for any such office,
or for election to any party positions,  and  to  all  contributions  to
political  committees  working directly or indirectly with any candidate
to aid or participate in such candidate's nomination or election,  other
than any contributions to any party committee or constituted committee:
  a. In any election for a public office to be voted on by the voters of
the  entire  state, or for nomination to any such office, no contributor
may make a contribution to any candidate or political committee, and  no
candidate  or  political  committee may accept any contribution from any
contributor, which is in the aggregate amount greater than:  (i) in  the
case  of  any  nomination  to  public  office, [the product of the total
number of enrolled voters in the candidate's party in the state, exclud-
ing voters in inactive status, multiplied  by  $.005,  but  such  amount
shall  be  not less than four thousand dollars nor more than twelve] TWO
thousand SIX HUNDRED dollars [as increased or decreased by the  cost  of
living  adjustment  described  in  paragraph c of this subdivision], and
(ii) in the case of any election to a public office,  [twenty-five]  TWO
thousand  SIX  HUNDRED dollars [as increased or decreased by the cost of
living  adjustment  described  in  paragraph  c  of  this  subdivision];
provided however, THAT THE MAXIMUM AMOUNT CONTRIBUTED BY ANY CONTRIBUTOR
OR  ACCEPTED  BY ANY CANDIDATE OR POLITICAL COMMITTEE FOR BOTH A PRIMARY
AND A GENERAL  ELECTION  SHALL  NOT  EXCEED  TWO  THOUSAND  SIX  HUNDRED
DOLLARS;  AND  PROVIDED  FURTHER that the maximum amount which may be so
contributed or accepted[, in the aggregate,] from any candidate's child,
parent, grandparent, brother [and] OR sister, [and] OR the spouse of any
such persons, shall not exceed [in the case of any nomination to  public
office  an  amount  equivalent  to the product of the number of enrolled
voters in the candidate's party in the state, excluding voters in  inac-
tive  status, multiplied by $.025, and in the case of any election for a
public office, an amount equivalent to the  product  of  the  number  of
registered  voters  in  the  state  excluding voters in inactive status,
multiplied by $.025] TWO THOUSAND SIX HUNDRED DOLLARS.  FOR THE PURPOSES
OF THIS SUBDIVISION, THE TERM "CHILD"  SHALL  INCLUDE  PERSONS  EIGHTEEN
YEARS OF AGE OR OLDER.

S. 7506                             7

  b.  In  any  other  election  for  party position or for election to a
public office or for nomination for any such office, no contributor  may
make  a  contribution  to  any  candidate  or political committee and no
candidate or political committee may accept any  contribution  from  any
contributor,  which  [is in the aggregate amount greater than] SHALL NOT
EXCEED:  (i) in the case of any election  for  party  position,  or  for
nomination to public office, the product of the total number of enrolled
voters  in the candidate's party in the district in which he is a candi-
date, excluding voters in inactive status, multiplied by  $.05,  OR  TWO
THOUSAND SIX HUNDRED DOLLARS, and (ii) in the case of any election for a
public  office,  the product of the total number of registered voters in
the district, excluding voters in inactive status, multiplied  by  $.05,
OR TWO THOUSAND SIX HUNDRED DOLLARS, however in the case of a nomination
within  the city of New York for the office of mayor, public advocate or
comptroller, such amount shall be not less than  four  thousand  dollars
nor  more than twelve thousand dollars [as increased or decreased by the
cost of living adjustment described in paragraph c of this subdivision];
in the case of an election within the city of New York for the office of
mayor, public advocate or comptroller, twenty-five thousand dollars  [as
increased  or  decreased  by  the cost of living adjustment described in
paragraph c of this subdivision]; in the case of a nomination for  state
senator,  [four]  TWO  thousand  SIX  HUNDRED  dollars  [as increased or
decreased by the cost of living adjustment described in paragraph  c  of
this  subdivision];  in the case of an election for state senator, [six]
TWO  thousand  [two]  SIX  hundred  [fifty]  dollars  [as  increased  or
decreased  by  the cost of living adjustment described in paragraph c of
this subdivision]; in the case of an election or nomination for a member
of the assembly, [twenty-five] TWO  THOUSAND  SIX  hundred  dollars  [as
increased  or  decreased  by  the cost of living adjustment described in
paragraph c of this subdivision]; but in no event shall any such maximum
[exceed fifty thousand dollars or] be less than  one  thousand  dollars;
provided however, that the maximum amount which may be so contributed or
accepted[, in the aggregate,] from any candidate's child, parent, grand-
parent,  brother  [and]  OR  sister,  [and]  OR  the  spouse of any such
persons, shall not exceed in the case of any election for party position
or nomination for public office an amount equivalent to  the  number  of
enrolled  voters in the candidate's party in the district in which he is
a candidate, excluding voters in inactive status, multiplied by $.25 and
in the case of any election to public office, an  amount  equivalent  to
the  number  of  registered  voters in the district, excluding voters in
inactive status, multiplied by  $.25;  or  [twelve],  TWO  THOUSAND  SIX
hundred  [fifty]  dollars,  [whichever  is greater,] or in the case of a
nomination or election of a state senator,  [twenty]  TWO  thousand  SIX
HUNDRED  dollars, [whichever is greater,] or in the case of a nomination
or election of a member of the assembly [twelve] TWO thousand [five] SIX
hundred dollars[, whichever is greater, but in no event shall  any  such
maximum  exceed  one  hundred thousand dollars]; PROVIDED, HOWEVER, THAT
THE MAXIMUM AMOUNT CONTRIBUTED BY ANY CONTRIBUTOR  OR  ACCEPTED  BY  ANY
CANDIDATE  OR  POLITICAL  COMMITTEE  FOR  BOTH  A  PRIMARY AND A GENERAL
ELECTION  SHALL  NOT  EXCEED  TWO  THOUSAND  SIX  HUNDRED  DOLLARS;  AND
PROVIDED, FURTHER THAT THE MAXIMUM AMOUNT WHICH MAY BE SO CONTRIBUTED OR
ACCEPTED  FROM  ANY  CANDIDATE'S  CHILD, PARENT, GRANDPARENT, BROTHER OR
SISTER, OR THE SPOUSE OF ANY SUCH PERSONS, SHALL NOT EXCEED TWO THOUSAND
SIX HUNDRED DOLLARS FOR THE NOMINATION AND ELECTION TO A PUBLIC  OFFICE.
FOR  THE  PURPOSES  OF  THIS  SUBDIVISION,  THE  TERM "CHILD" SHALL MEAN
PERSONS EIGHTEEN YEARS OF AGE OR OLDER.

S. 7506                             8

  [c. At the beginning of each fourth calendar year, commencing in nine-
teen hundred ninety-five, the state board shall determine the percentage
of the difference between the most  recent  available  monthly  consumer
price  index  for  all  urban  consumers  published by the United States
bureau  of  labor statistics and such consumer price index published for
the same month four years previously. The amount  of  each  contribution
limit  fixed in this subdivision shall be adjusted by the amount of such
percentage difference to the closest one hundred dollars  by  the  state
board which, not later than the first day of February in each such year,
shall issue a regulation publishing the amount of each such contribution
limit.  Each contribution limit as so adjusted shall be the contribution
limit in effect for any election held before the next such adjustment.]
  3. As used in this section the term "contributor" shall [not]  include
a  party  committee  supporting the candidate of such party or a consti-
tuted committee supporting the candidate of such party.
  S 7. Subdivision 6 of section 14-114 of the election law is REPEALED.
  S 8. Subdivision 10 of section 14-114 of the election law, as added by
chapter 79 of the laws of 1992, is amended to read as follows:
  10.[a.] No contributor may make a contribution to a party  or  consti-
tuted committee and no such committee may accept a contribution from any
contributor  which,  in  the  aggregate, is greater than [sixty-two] TEN
thousand [five hundred] dollars per annum.
  [b. At the beginning of each fourth calendar year, commencing in nine-
teen hundred ninety-five, the state board shall determine the percentage
of the difference between the most  recent  available  monthly  consumer
price  index  for  all  urban  consumers  published by the United States
bureau of labor statistics and such consumer price index  published  for
the  same  month  four years previously. The amount of such contribution
limit fixed in paragraph a of this subdivision shall be adjusted by  the
amount  of such percentage difference to the closest one hundred dollars
by the state board which, not later than the first day  of  February  in
each  such  year, shall issue a regulation publishing the amount of such
contribution limit. Such contribution limit as so adjusted shall be  the
contribution  limit in effect for any election held before the next such
adjustment.]
  S 9. Subdivision 2 of section 14-116 of the election law,  as  amended
by chapter 260 of the laws of 1981, is amended to read as follows:
  2.  A.  Notwithstanding  [the  provisions  of  subdivision one of this
section, any corporation or an  organization  financially  supported  in
whole  or  in part, by such corporation may make expenditures, including
contributions, not otherwise prohibited by law, for political  purposes,
in an amount not to exceed five thousand dollars in the aggregate in any
calendar  year;  provided  that  no  public  utility  shall use revenues
received from the rendition of  public  service  within  the  state  for
contributions  for political purposes unless such cost is charged to the
shareholders of such a public service corporation] ANY  OTHER  PROVISION
OF  LAW  TO THE CONTRARY, NO CONTRIBUTION, LOAN, LOAN GUARANTEE OR OTHER
SECURITY FOR SUCH A LOAN FROM ANY CORPORATION, LIMITED LIABILITY  COMPA-
NY,  LIMITED  LIABILITY  PARTNERSHIP  OR  PARTNERSHIP, OTHER THAN IN THE
REGULAR COURSE OF THE LENDER'S BUSINESS, MAY BE ACCEPTED BY A  CANDIDATE
OR  A  POLITICAL  COMMITTEE, OTHER THAN A CORPORATION, LIMITED LIABILITY
COMPANY, LIMITED LIABILITY PARTNERSHIP OR PARTNERSHIP THAT  IS  A  POLI-
TICAL  COMMITTEE,  FOR  ALL NOMINATIONS TO ANY OFFICE OR ELECTION TO ANY
OFFICE.
  B. A LOAN MADE TO A CANDIDATE OR POLITICAL  COMMITTEE,  OTHER  THAN  A
CONSTITUTED  COMMITTEE,  BY  ANY  PERSON,  FIRM  OR ASSOCIATION SHALL BE

S. 7506                             9

REPAID BY THE DATE OF THE PRIMARY, SPECIAL OR GENERAL ELECTION,  AS  THE
CASE  MAY  BE,  OR  SUCH LOAN SHALL BE CONSIDERED A CONTRIBUTION BY SUCH
PERSON, FIRM OR ASSOCIATION INCLUDING ANY PERSON  ENDORSING,  COSIGNING,
GUARANTEEING, COLLATERALIZING OR OTHER PROVIDING SECURITY FOR THE LOAN.
  S 10. Subdivision 3 of section 14-124 of the election law is REPEALED.
  S  11.  The  election law is amended by adding a new section 14-125 to
read as follows:
  S 14-125. NEW YORK STATE BUSINESS CONTRACT DATABASE. 1. A. AS USED  IN
THIS SECTION:
  (I)  THE  TERM  "BUSINESS RELATIONSHIPS WITH THE STATE" SHALL MEAN ANY
CONTRACT FOR THE PROCUREMENT OF GOODS, SERVICES OR CONSTRUCTION THAT  IS
ENTERED  INTO  OR  IN EFFECT WITH THE STATE OF NEW YORK OR ANY AGENCY OR
ENTITY AFFILIATED THERETO NOT AWARDED THROUGH A COMPETITIVE BID  PROCESS
PURSUANT  TO ARTICLES NINE AND ELEVEN OF THE STATE FINANCE LAW. BUSINESS
RELATIONSHIPS WITH THE  STATE  SHALL  NOT  MEAN  ANY  PERSON  OR  ENTITY
REJECTED  FROM  PARTICIPATION IN SUCH A CONTRACT OR ANY PERSON OR ENTITY
NOT PARTICIPATING IN SUCH A CONTRACT WITHIN TWENTY-FOUR  MONTHS  OF  ANY
ELECTION.
  (II) THE TERM "NEW YORK STATE BUSINESS CONTRACT DATABASE" SHALL MEAN A
DATABASE  CREATED,  OPERATED,  MAINTAINED AND UPDATED BY THE STATE COMP-
TROLLER ACCESSIBLE TO THE PUBLIC WHICH CONTAINS THE NAMES OF PERSONS WHO
HAVE BUSINESS RELATIONSHIPS WITH  THE  STATE.  SUCH  DATABASE  SHALL  BE
CREATED,  OPERATED, MAINTAINED AND UPDATED BY THE STATE COMPTROLLER IN A
MANNER SO  AS  TO  ENSURE  ITS  REASONABLE  ACCURACY  AND  COMPLETENESS;
PROVIDED,  HOWEVER, THAT IN NO EVENT SHALL SUCH DATABASE BE UPDATED LESS
FREQUENTLY THAN ONCE A MONTH IN ANY GENERAL ELECTION YEAR. SUCH DATABASE
SHALL ENABLE MEMBERS OF THE PUBLIC TO DETERMINE IF A GIVEN PERSON HAS  A
BUSINESS RELATIONSHIP WITH THE STATE.
  (III)  THE  TERM  "PERSON"  SHALL INCLUDE ANY CHIEF EXECUTIVE OFFICER,
CHIEF FINANCIAL OFFICER OR CHIEF OPERATING OFFICER  OF  SUCH  ENTITY  OR
PERSONS  SERVING  IN  AN  EQUIVALENT  CAPACITY, ANY PERSON EMPLOYED IN A
SENIOR MANAGERIAL CAPACITY REGARDING SUCH ENTITY, OR ANY PERSON WITH  AN
INTEREST  IN  SUCH ENTITY WHICH EXCEEDS TEN PERCENT OF THE VALUE OF SUCH
ENTITY AT FAIR MARKET VALUE.
  (IV) THE TERM "SENIOR MANAGERIAL CAPACITY" SHALL  MEAN  A  HIGH  LEVEL
SUPERVISORY  CAPACITY,  EITHER  BY  VIRTUE  OF TITLE OR DUTIES, IN WHICH
SUBSTANTIAL DISCRETION AND OVERSIGHT IS EXERCISED OVER THE SOLICITATION,
LETTING OR ADMINISTRATION  OF  BUSINESS  TRANSACTIONS  WITH  THE  STATE,
INCLUDING  CONTRACTS,  FRANCHISES, CONCESSION, GRANTS, ECONOMIC DEVELOP-
MENT AGREEMENTS AND APPLICATION FOR LAND USE APPROVALS.
  B. ANY DATABASE MAINTAINED BY THE COMPTROLLER AS OF THE EFFECTIVE DATE
OF THIS SECTION MAY SERVE AS THE NEW YORK STATE BUSINESS CONTRACT  DATA-
BASE  UPON  CERTIFICATION  BY  THE  COMPTROLLER  TO  THE CHAIRMAN OF THE
CAMPAIGN FINANCE BOARD THAT SUCH DATABASE FULFILLS THE  REQUIREMENTS  OF
THIS SECTION. EVERY STATE AGENCY OR AUTHORITY OF THE STATE INCLUDING ANY
ENTITY AFFILIATED THERETO SHALL PROVIDE THE COMPTROLLER WITH SUCH INFOR-
MATION  AS  IS NECESSARY TO CONSTRUCT, MODIFY AND MAINTAIN SUCH DATABASE
IN A TIMELY MANNER.
  2. A. NEITHER A CANDIDATE  PARTICIPATING  IN  THE  VOLUNTARY  CAMPAIGN
FINANCE  PROGRAM  ESTABLISHED  PURSUANT TO THIS ARTICLE, NOR A POLITICAL
COMMITTEE OF SUCH CANDIDATE SHALL ACCEPT  CONTRIBUTIONS  FOR  A  COVERED
ELECTION  WHICH  IN  THE  AGGREGATE  EXCEEDS FOUR HUNDRED DOLLARS FROM A
PERSON OR ENTITY WHO HAS A BUSINESS RELATIONSHIP WITH THE STATE.
  B. NEITHER A  CANDIDATE  WHO  DOES  NOT  PARTICIPATE  IN  A  VOLUNTARY
CAMPAIGN  FINANCE  PROGRAM  PURSUANT  TO  THIS  ARTICLE  NOR A POLITICAL
COMMITTEE OF SUCH CANDIDATE SHALL ACCEPT  CONTRIBUTIONS  FOR  A  COVERED

S. 7506                            10

ELECTION  WHICH  IN  THE  AGGREGATE  EXCEEDS FOUR HUNDRED DOLLARS FROM A
PERSON OR ENTITY WHO HAS A BUSINESS RELATIONSHIP WITH THE STATE.
  C.  NO  CONTRIBUTION  PURSUANT  TO THIS SECTION TO A CANDIDATE OR TO A
POLITICAL COMMITTEE OF SUCH CANDIDATE SHALL  BE  ELIGIBLE  FOR  MATCHING
CONTRIBUTIONS PURSUANT TO TITLE TWO OF THIS ARTICLE.
  D. IF THE CAMPAIGN FINANCE BOARD DETERMINES THAT ANY CONTRIBUTION TO A
CANDIDATE  OR  TO THE POLITICAL COMMITTEE OF SUCH CANDIDATE VIOLATES THE
PROVISIONS OF THIS SECTION, THE CAMPAIGN FINANCE BOARD SHALL NOTIFY SUCH
CANDIDATE WITHIN TWENTY DAYS OF SUCH DETERMINATION AND SUCH CANDIDATE OR
CANDIDATE'S POLITICAL COMMITTEE  SHALL  MAKE  A  REASONABLE  ATTEMPT  TO
RETURN  SUCH CONTRIBUTION TO THE CONTRIBUTOR; PROVIDED, HOWEVER, THAT IF
SUCH CANDIDATE OR THE POLITICAL COMMITTEE OF SUCH CANDIDATE IS UNABLE TO
RETURN SUCH CONTRIBUTION, SUCH MONIES SHALL  BE  PAID  TO  THE  CAMPAIGN
FINANCE  BOARD FOR PAYMENT INTO THE NEW YORK STATE CAMPAIGN FINANCE FUND
PURSUANT TO SECTION NINETY-NINE-Z OF THE STATE FINANCE LAW.
  E. THE STATE COMPTROLLER AND THE  CHAIRMAN  OF  THE  CAMPAIGN  FINANCE
BOARD SHALL PROMULGATE SUCH RULES AND REGULATIONS AS THE COMPTROLLER AND
THE CHAIRMAN DEEM NECESSARY FOR THE ADMINISTRATION OF THIS SECTION.
  S 12. The article heading of article 14 of the election law is amended
to read as follows:

              CAMPAIGN [RECEIPTS AND EXPENDITURES] FINANCE

  S 13. Sections 14-100 through 14-130 of article 14 of the election law
are  designated  title  1  and  a  new title heading is added to read as
follows:

                   CAMPAIGN RECEIPTS AND EXPENDITURES

  S 14. Article 14 of the election law is amended by adding a new  title
2 to read as follows:
                                TITLE II
                           MATCHING FINANCING
SECTION 14-200. APPLICABILITY AND DEFINITIONS.
        14-202. REPORTING REQUIREMENTS.
        14-204. CONTRIBUTION AND RECEIPT LIMITATIONS.
        14-206. PROOF OF COMPLIANCE.
        14-208. ELIGIBILITY.
        14-212. PAYMENT OF MATCHING FUNDS.
        14-214. USE OF MATCHING FUNDS; QUALIFIED CAMPAIGN EXPENDITURES.
        14-216. CAMPAIGN FINANCE BOARD; GENERAL POWERS AND DUTIES.
        14-218. AUDITS AND REPAYMENTS.
        14-220. CIVIL ENFORCEMENT.
        14-222. CRIMINAL PENALTIES.
        14-224. REPORTS.
        14-226. DEBATES.
        14-228. DISTRIBUTIONS FROM CAMPAIGN FINANCE FUND.
  S 14-200. APPLICABILITY AND DEFINITIONS. THIS TITLE SHALL APPLY EXCLU-
SIVELY  TO  THE  FINANCING OF CAMPAIGNS OF CANDIDATES FOR THE NOMINATION
FOR ELECTION, AND FOR ELECTION TO, THE OFFICES OF  GOVERNOR,  LIEUTENANT
GOVERNOR,  STATE  COMPTROLLER, ATTORNEY GENERAL, MEMBER OF THE ASSEMBLY,
STATE SENATOR AND DELEGATE TO A CONSTITUTIONAL CONVENTION.  FOR PURPOSES
OF THIS TITLE, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS:
  1. "AUTHORIZED COMMITTEE" MEANS A POLITICAL COMMITTEE DESIGNATED BY  A
CANDIDATE  PURSUANT  TO SECTION 14-202 OF THIS TITLE TO RECEIVE CONTRIB-
UTIONS AND MAKE EXPENDITURES IN SUPPORT OF SUCH CANDIDATE'S CAMPAIGN. NO

S. 7506                            11

MORE THAN ONE AUTHORIZED COMMITTEE MAY BE DESIGNATED BY A  CANDIDATE  IN
ANY ELECTION CYCLE.
  2.  "BOARD"  OR  "CAMPAIGN  FINANCE  BOARD" MEANS THE BOARD CREATED BY
SECTION 14-216 OF THIS TITLE TO ADMINISTER THE CAMPAIGN FINANCE FUND.
  3. "CANDIDATE" MEANS ANY CANDIDATE FOR NOMINATION FOR ELECTION, OR FOR
ELECTION TO, THE OFFICES OF GOVERNOR, LIEUTENANT GOVERNOR,  STATE  COMP-
TROLLER,  ATTORNEY  GENERAL,  MEMBER  OF THE ASSEMBLY, STATE SENATOR AND
DELEGATE TO A CONSTITUTIONAL CONVENTION  WHETHER  SUCH  CANDIDATE  IS  A
"PARTICIPATING  CANDIDATE" OR "NONPARTICIPATING CANDIDATE" AS DEFINED IN
THIS SECTION.
  4. "CONTRIBUTION" MEANS:
  (A) ANY GIFT, SUBSCRIPTION, OUTSTANDING LOAN (TO THE  EXTENT  PROVIDED
FOR  IN SECTION 14-114 OF THIS ARTICLE), ADVANCE, OR DEPOSIT OF MONEY OR
ANYTHING OF VALUE, MADE IN CONNECTION WITH THE NOMINATION FOR  ELECTION,
OR  ELECTION, OF ANY CANDIDATE, OR MADE TO PROMOTE THE SUCCESS OR DEFEAT
OF A POLITICAL PARTY OR PRINCIPLE, OR OF ANY BALLOT PROPOSAL;
  (B) ANY PAYMENT, BY ANY PERSON OTHER THAN A CANDIDATE OR AN AUTHORIZED
COMMITTEE, MADE IN  CONNECTION  WITH  THE  NOMINATION  FOR  ELECTION  OR
ELECTION OF ANY CANDIDATE, OR ANY PAYMENT MADE TO PROMOTE THE SUCCESS OR
DEFEAT  OF  A  POLITICAL  PARTY  OR PRINCIPLE, OR OF ANY BALLOT PROPOSAL
INCLUDING BUT NOT LIMITED TO COMPENSATION FOR THE PERSONAL  SERVICES  OF
ANY  INDIVIDUAL  WHICH  ARE  RENDERED  IN  CONNECTION WITH A CANDIDATE'S
ELECTION OR NOMINATION WITHOUT CHARGE; PROVIDED HOWEVER,  THAT  NONE  OF
THE  FOREGOING  SHALL  BE  DEEMED A CONTRIBUTION IF IT IS MADE, TAKEN OR
PERFORMED BY A CANDIDATE OR HIS OR HER SPOUSE OR BY A PERSON OR A  POLI-
TICAL  COMMITTEE  INDEPENDENT  OF  THE CANDIDATE OR HIS OR HER AGENTS OR
POLITICAL COMMITTEES. FOR PURPOSES OF THIS TITLE, THE TERM  "INDEPENDENT
OF  THE  CANDIDATE  OR  HIS OR HER AGENTS OR POLITICAL COMMITTEES" SHALL
MEAN THAT THE CANDIDATE OR HIS OR HER AGENTS OR POLITICAL COMMITTEE  DID
NOT  AUTHORIZE, REQUEST, SUGGEST, FOSTER OR COOPERATE IN ANY SUCH ACTIV-
ITY; AND PROVIDED FURTHER, THAT THE TERM CONTRIBUTION SHALL NOT INCLUDE:
  (I) THE VALUE OF SERVICES PROVIDED WITHOUT COMPENSATION BY INDIVIDUALS
WHO VOLUNTEER A PORTION OR ALL OF THEIR TIME ON BEHALF OF A CANDIDATE OR
POLITICAL COMMITTEE;
  (II) THE USE OF REAL OR PERSONAL PROPERTY AND THE COST OF INVITATIONS,
FOOD AND BEVERAGES VOLUNTARILY PROVIDED BY AN INDIVIDUAL TO A  CANDIDATE
OR  POLITICAL  COMMITTEE  ON  THE  INDIVIDUAL'S RESIDENTIAL PREMISES FOR
CANDIDATE-RELATED ACTIVITIES TO THE EXTENT SUCH SERVICES DO  NOT  EXCEED
FIVE HUNDRED DOLLARS IN VALUE;
  (III)  THE  TRAVEL  EXPENSES  OF  ANY INDIVIDUAL WHO ON HIS OR HER OWN
BEHALF VOLUNTEERS HIS OR HER PERSONAL SERVICES TO ANY CANDIDATE OR POLI-
TICAL COMMITTEE TO THE EXTENT SUCH EXPENSES ARE UNREIMBURSED AND DO  NOT
EXCEED FIVE HUNDRED DOLLARS IN VALUE; AND
  (IV) EXPENDITURES BY A BONA FIDE MEMBERSHIP ORGANIZATION IN SUPPORT OF
THE  FOLLOWING  ACTIVITIES BY MEMBERS OF THE ORGANIZATION WHO ARE VOLUN-
TEERING THEIR TIME ON BEHALF OF A CANDIDATE, NOT TO  EXCEED  TWENTY-FIVE
DOLLARS  PER  MEMBER WHO VOLUNTEER FOR: (1) TRANSPORTATION OF VOLUNTEERS
TO AND FROM CAMPAIGN ACTIVITIES; (2) COST OF  FEEDING  VOLUNTEERS  WHILE
VOLUNTEERING  FOR  THE  CAMPAIGN;  AND  (3) MATERIALS SUCH AS BADGES AND
CLOTHING THAT IDENTIFIES THE NAME OF THE ORGANIZATION OR CANDIDATE; AND
  (C) ANY FUNDS RECEIVED BY A POLITICAL COMMITTEE FROM ANOTHER POLITICAL
COMMITTEE TO THE EXTENT SUCH FUNDS DO NOT CONSTITUTE A TRANSFER.
  5. "CONTRIBUTOR" MEANS AN  ENTITY,  INCLUDING,  BUT  NOT  LIMITED  TO,
NATURAL  PERSONS,  ASSOCIATIONS  AND BONA FIDE MEMBERSHIP ORGANIZATIONS,
THAT MAKES A CONTRIBUTION,  AS  DEFINED  IN  SUBDIVISION  FOUR  OF  THIS
SECTION AND PURSUANT TO SECTION 14-116 OF THIS ARTICLE.

S. 7506                            12

  6.  "COVERED  ELECTION"  MEANS  ANY  PRIMARY  ELECTION FOR NOMINATION,
SPECIAL OR GENERAL ELECTION FOR ELECTION, TO THE  OFFICES  OF  GOVERNOR,
LIEUTENANT  GOVERNOR, STATE COMPTROLLER, ATTORNEY GENERAL, MEMBER OF THE
ASSEMBLY, STATE SENATOR AND DELEGATE TO A CONSTITUTIONAL CONVENTION.
  7.  "ELECTION  CYCLE"  MEANS (A) THE FOUR YEAR PERIOD STARTING THE DAY
AFTER THE GENERAL ELECTION AND ENDING ON THE DAY OF THE NEXT  SUCCEEDING
GENERAL ELECTION FOR THE OFFICES OF GOVERNOR, LIEUTENANT GOVERNOR, STATE
COMPTROLLER  AND  ATTORNEY GENERAL, (B) THE TWO YEAR PERIOD STARTING THE
DAY AFTER THE GENERAL ELECTION AND  ENDING  ON  THE  DATE  OF  THE  NEXT
SUCCEEDING  GENERAL  ELECTION  FOR  CANDIDATES  FOR THE OFFICES OF STATE
SENATOR AND MEMBER OF THE ASSEMBLY, AND (C)  SIX  MONTHS  PRIOR  TO  ANY
SPECIAL ELECTION ENDING ON THE DAY AFTER SUCH SPECIAL ELECTION.
  8.  "EXPENDITURE"  MEANS  ANY GIFT, SUBSCRIPTION, ADVANCE, PAYMENT, OR
DEPOSIT OF MONEY OR ANYTHING OF VALUE, OR A CONTRACT TO MAKE  ANY  GIFT,
SUBSCRIPTION, PAYMENT, OR DEPOSIT OF MONEY OR ANYTHING OF VALUE, MADE IN
CONNECTION  WITH THE NOMINATION FOR ELECTION, OR ELECTION, OF ANY CANDI-
DATE. EXPENDITURES MADE BY CONTRACT ARE DEEMED MADE WHEN SUCH FUNDS  ARE
OBLIGATED.
  9.   "FUND"  MEANS  THE  CAMPAIGN  FINANCE  FUND  CREATED  BY  SECTION
NINETY-NINE-Z OF THE STATE FINANCE LAW.
  10. "FAMILY OR HOUSEHOLD MEMBERS" MEAN THE FOLLOWING INDIVIDUALS:
  (A) PERSONS RELATED BY CONSANGUINITY OR AFFINITY;
  (B) PERSONS LEGALLY MARRIED TO ONE ANOTHER;
  (C) PERSONS FORMERLY MARRIED TO ONE ANOTHER REGARDLESS OF WHETHER THEY
STILL RESIDE IN THE SAME HOUSEHOLD;
  (D) PERSONS WHO HAVE A CHILD IN  COMMON  REGARDLESS  OF  WHETHER  SUCH
PERSONS ARE MARRIED OR HAVE LIVED TOGETHER AT ANY TIME; OR
  (E)  PERSONS  WHO ARE NOT RELATED BY CONSANGUINITY OR AFFINITY AND WHO
ARE OR HAVE BEEN IN AN INTIMATE RELATIONSHIP REGARDLESS OF WHETHER  SUCH
PERSONS HAVE LIVED TOGETHER AT ANY TIME.
  11.  "ITEM  WITH SIGNIFICANT VALUE" MEANS ANY ITEM, INCLUDING ANY ITEM
VALUED AT TWENTY-FIVE DOLLARS OR MORE.
  12. "LEGISLATIVE LEADER" MEANS ANY OF  THE  FOLLOWING:  THE  TEMPORARY
PRESIDENT OF THE SENATE; THE SPEAKER OF THE ASSEMBLY; THE MINORITY LEAD-
ER OF THE SENATE; OR THE MINORITY LEADER OF THE ASSEMBLY.
  13.  "MATCHABLE  CONTRIBUTION"  MEANS A CONTRIBUTION, CONTRIBUTIONS OR
SUCH PORTION OF A CONTRIBUTION OR CONTRIBUTIONS MADE BY A NATURAL PERSON
RESIDING IN THE STATE OF NEW YORK AT THE TIME OF SUCH CONTRIBUTION, WITH
A VALUE NOT TO EXCEED TWO HUNDRED  FIFTY  DOLLARS,  TO  A  PARTICIPATING
CANDIDATE  FOR  ANY  PRIMARY  AND  A CONTRIBUTION, CONTRIBUTIONS OR SUCH
PORTION OF A CONTRIBUTION OR CONTRIBUTIONS  MADE  BY  A  NATURAL  PERSON
RESIDING  IN THE STATE OF NEW YORK AT THE TIME OF SUCH CONTRIBUTION WITH
A VALUE NOT TO EXCEED TWO  HUNDRED  FIFTY  DOLLARS  TO  A  PARTICIPATING
CANDIDATE FOR A GENERAL ELECTION HELD IN THE SAME ELECTION CYCLE OR TO A
PARTICIPATING  CANDIDATE IN A SPECIAL ELECTION THAT HAS BEEN REPORTED IN
FULL TO THE STATE BOARD OF ELECTIONS IN ACCORDANCE WITH SECTIONS 14-102,
14-104 AND 14-108 OF THIS ARTICLE BY THE CANDIDATE'S AUTHORIZED  COMMIT-
TEE  AND  HAS  BEEN  CONTRIBUTED ON OR BEFORE THE DATE OF THE APPLICABLE
PRIMARY OR GENERAL OR  SPECIAL  ELECTION  IN  ANY  ELECTION  CYCLE.  ANY
CONTRIBUTION,  CONTRIBUTIONS,  OR  SUCH  PORTION  OF  A  CONTRIBUTION OR
CONTRIBUTIONS DETERMINED  TO  BE  INVALID  FOR  MATCHING  FUNDS  BY  THE
CAMPAIGN  FINANCE BOARD PURSUANT TO THE PROVISIONS OF THIS TITLE MAY NOT
BE TREATED AS A  MATCHABLE  CONTRIBUTION.  IN  ADDITION,  THE  FOLLOWING
CONTRIBUTIONS ARE NOT MATCHABLE: (A) LOANS; (B) IN-KIND CONTRIBUTIONS OF
PROPERTY,  GOODS,  OR  SERVICES;  (C)  CONTRIBUTIONS  IN THE FORM OF THE
PURCHASE PRICE PAID FOR AN ITEM WITH SIGNIFICANT  VALUE;  (D)  ANONYMOUS

S. 7506                            13

CONTRIBUTIONS  OR CONTRIBUTIONS WHOSE SOURCE IS NOT ITEMIZED AS REQUIRED
BY SECTION 14-202 OF THIS TITLE; (E)  CONTRIBUTIONS  RECEIVED  DURING  A
PREVIOUS  ELECTION  CYCLE;  (F)  ILLEGAL CONTRIBUTIONS; AND (G) CONTRIB-
UTIONS  FROM INDIVIDUALS UNDER THE AGE OF EIGHTEEN YEARS AT THE TIME THE
CONTRIBUTION IS MADE.
  14. "NONPARTICIPATING CANDIDATE" SHALL MEAN A CANDIDATE FOR THE OFFICE
OF GOVERNOR, LIEUTENANT GOVERNOR, STATE COMPTROLLER,  ATTORNEY  GENERAL,
MEMBER  OF  THE  ASSEMBLY, STATE SENATOR OR DELEGATE TO A CONSTITUTIONAL
CONVENTION FOR A COVERED ELECTION WHO FAILS TO FILE  A  WRITTEN  CERTIF-
ICATION  IN  THE FORM OF AN AFFIDAVIT PURSUANT TO SECTION 14-208 OF THIS
TITLE.
  15. "PARTICIPATING CANDIDATE" SHALL MEAN ANY CANDIDATE FOR  NOMINATION
FOR ELECTION, OR ELECTION, TO THE OFFICES OF GOVERNOR, LIEUTENANT GOVER-
NOR,  STATE COMPTROLLER, ATTORNEY GENERAL, MEMBER OF THE ASSEMBLY, STATE
SENATOR AND DELEGATE TO A CONSTITUTIONAL CONVENTION WHO FILES A  WRITTEN
CERTIFICATION  IN THE FORM OF AN AFFIDAVIT PURSUANT TO SECTION 14-208 OF
THIS TITLE.
  16. "POLITICAL COMMITTEE" MEANS A  COMMITTEE  AS  DEFINED  IN  SECTION
14-100 OF THIS ARTICLE.
  17.  "MATCHING FUNDS" MEANS MONIES PAID FROM THE CAMPAIGN FINANCE FUND
TO THE AUTHORIZED COMMITTEE OF PARTICIPATING CANDIDATES PURSUANT TO THIS
TITLE.
  18. "QUALIFIED CAMPAIGN EXPENDITURE" SHALL  MEAN  AN  EXPENDITURE  FOR
WHICH MATCHING FUNDS MAY BE USED.
  19.  "THRESHOLD  FOR  ELIGIBILITY"  SHALL MEAN THE AMOUNT OF MATCHABLE
CONTRIBUTIONS THAT A CANDIDATE'S AUTHORIZED COMMITTEE  MUST  RECEIVE  IN
TOTAL  IN  ORDER  FOR SUCH CANDIDATE TO QUALIFY FOR MATCHING FUNDS UNDER
THIS ARTICLE.
  20. "TRANSFER" SHALL MEAN ANY EXCHANGE OF FUNDS OR ANY THING OF  VALUE
BETWEEN  POLITICAL  COMMITTEES  AUTHORIZED  BY THE SAME CANDIDATE TAKING
PART SOLELY IN HIS OR HER CAMPAIGN.
  S 14-202. REPORTING REQUIREMENTS.  1.  EVERY  PARTICIPATING  CANDIDATE
SHALL  DESIGNATE ONLY ONE AUTHORIZED COMMITTEE TO BE ELIGIBLE TO RECEIVE
CONTRIBUTIONS OF MATCHING FUNDS. BEFORE RECEIVING ANY SUCH  CONTRIBUTION
OR MAKING ANY EXPENDITURE THEREFROM FOR A COVERED ELECTION, EACH PARTIC-
IPATING  CANDIDATE  SHALL  NOTIFY  THE  STATE BOARD OF ELECTIONS AND THE
CAMPAIGN FINANCE BOARD AS TO  THE  EXISTENCE  OF  HIS  OR  HER  ELIGIBLE
AUTHORIZED  COMMITTEE  THAT  HAS  BEEN  DESIGNATED  AND APPROVED BY SUCH
CANDIDATE.  SUCH  AUTHORIZED  COMMITTEE  SHALL,  BEFORE  RECEIVING   ANY
CONTRIBUTION  OR  MAKING  ANY  EXPENDITURE  FOR  A COVERED ELECTION: (A)
DESIGNATE A TREASURER; (B) OBTAIN A TAX IDENTIFICATION NUMBER  FROM  THE
INTERNAL  REVENUE  SERVICE;  AND  (C)  SUBMIT  TO  THE  STATE  BOARD  OF
ELECTIONS, EITHER  IN  WRITING  OR  ELECTRONICALLY,  THE  IDENTIFICATION
NUMBER  OF  THE  COMMITTEE DESIGNATED TO BE ELIGIBLE TO RECEIVE MATCHING
FUNDS.
  2. DISCLOSURE. (A) EVERY PARTICIPATING  CANDIDATE  SHALL  SUBMIT  SUCH
REPORTS TO THE STATE BOARD OF ELECTIONS AS REQUIRED BY TITLE ONE OF THIS
ARTICLE.  COPIES OF SUCH REPORTS SHALL ALSO BE SUBMITTED TO THE CAMPAIGN
FINANCE BOARD CREATED PURSUANT TO THIS ARTICLE AT  THE  SAME  TIME  SUCH
REPORTS ARE SUBMITTED TO THE STATE BOARD OF ELECTIONS.
  (B)  THE  CAMPAIGN  FINANCE  BOARD SHALL REVIEW EACH DISCLOSURE REPORT
FILED WITH THE STATE BOARD OF ELECTIONS PURSUANT TO TITLE  ONE  OF  THIS
ARTICLE  AND SHALL INFORM PARTICIPATING CANDIDATES AND POLITICAL COMMIT-
TEES INCLUDING THE AUTHORIZED COMMITTEE, OF RELEVANT QUESTIONS THE BOARD
HAS CONCERNING: (I) COMPLIANCE WITH REQUIREMENTS OF THIS  TITLE  AND  OF
THE  RULES  ISSUED  BY  THE BOARD; AND (II) QUALIFICATIONS FOR RECEIVING

S. 7506                            14

PUBLIC MATCHING FUNDS PURSUANT TO THIS TITLE.  IN  THE  COURSE  OF  SUCH
REVIEW, THE BOARD SHALL GIVE CANDIDATES AND POLITICAL COMMITTEES INCLUD-
ING  THE  AUTHORIZED COMMITTEE, AN OPPORTUNITY TO RESPOND TO AND CORRECT
POTENTIAL VIOLATIONS AND GIVE CANDIDATES AN OPPORTUNITY TO ADDRESS QUES-
TIONS  THE  BOARD  HAS CONCERNING THEIR MATCHABLE CONTRIBUTION CLAIMS OR
OTHER ISSUES CONCERNING ELIGIBILITY FOR RECEIVING MATCHING FUNDS  PURSU-
ANT  TO  THIS  TITLE. NOTHING IN THIS PARAGRAPH SHALL PRECLUDE THE BOARD
FROM SUBSEQUENTLY REVIEWING SUCH A  DISCLOSURE  REPORT  AND  TAKING  ANY
ACTION OTHERWISE AUTHORIZED BY THIS TITLE.
  (C)  ONLY  ITEMIZED  CONTRIBUTIONS CONTAINED IN REPORTS FILED WITH THE
STATE BOARD OF ELECTIONS SHALL BE ELIGIBLE FOR MATCHING  FUNDS  PURSUANT
TO THIS TITLE.
  S  14-204.  CONTRIBUTION  AND  RECEIPT LIMITATIONS. 1. A PARTICIPATING
CANDIDATE AND HIS OR HER AUTHORIZED COMMITTEE SHALL NOT  ACCEPT,  EITHER
DIRECTLY OR INDIRECTLY:
  (A) TOTAL CONTRIBUTIONS FROM ANY ONE CONTRIBUTOR THAT EXCEED TWO THOU-
SAND  SIX  HUNDRED  DOLLARS  IN ANY PRIMARY IN AN ELECTION CYCLE FOR THE
OFFICES OF GOVERNOR, LIEUTENANT GOVERNOR,  STATE  COMPTROLLER,  ATTORNEY
GENERAL, MEMBER OF THE ASSEMBLY, STATE SENATOR AND DELEGATE TO A CONSTI-
TUTIONAL  CONVENTION  AND TWO THOUSAND SIX HUNDRED DOLLARS FOR A GENERAL
OR SPECIAL ELECTION IN AN ELECTION CYCLE FOR THE  OFFICES  OF  GOVERNOR,
LIEUTENANT  GOVERNOR, STATE COMPTROLLER, ATTORNEY GENERAL, MEMBER OF THE
ASSEMBLY, STATE SENATOR OR  DELEGATE  TO  A  CONSTITUTIONAL  CONVENTION,
PROVIDED,  HOWEVER,  THAT NOT MORE THAN TWO THOUSAND SIX HUNDRED DOLLARS
MAY BE RECEIVED BY A CANDIDATE FROM A CONTRIBUTOR PER ELECTION CYCLE; OR
  (B) ANY CONTRIBUTION FROM A POLITICAL COMMITTEE THAT  HAS  NOT  REGIS-
TERED  WITH  THE STATE BOARD OF ELECTIONS OR HAS NOT REGISTERED WITH THE
APPROPRIATE ENTITY AS REQUIRED BY LAW.
  2. ALL MONETARY CONTRIBUTIONS AND ALL MATCHING  FUNDS  ACCEPTED  BY  A
CANDIDATE'S AUTHORIZED COMMITTEE SHALL BE DEPOSITED INTO AN ACCOUNT WITH
A BANK LICENSED BY THE DEPARTMENT OF FINANCIAL SERVICES HELD IN THE NAME
OF  THE  AUTHORIZED  POLITICAL  COMMITTEE  WITHIN  TEN  BUSINESS DAYS OF
RECEIPT. EACH AUTHORIZED COMMITTEE SHALL HAVE NO MORE THAN ONE  CHECKING
ACCOUNT.  MONETARY  CONTRIBUTIONS,  OTHER  THAN  MATCHING  FUNDS, MAY BE
INVESTED IN ACCORDANCE WITH THE PROVISIONS OF LAW RELATING THERETO.
  3. CONTRIBUTIONS TO CANDIDATES IN COVERED ELECTIONS  SHALL,  FOR  EACH
ELECTION CYCLE, IN ALL OTHER RESPECTS, BE SUBJECT TO THE LIMITATIONS AND
PROVISIONS OF TITLE ONE OF THIS ARTICLE.
  S  14-206.  PROOF  OF  COMPLIANCE. CANDIDATES AND POLITICAL COMMITTEES
SHALL MAINTAIN SUCH RECORDS OF RECEIPTS AND EXPENDITURES FOR  A  COVERED
ELECTION  AS  MAY  BE REQUIRED BY THE CAMPAIGN FINANCE BOARD. CANDIDATES
AND POLITICAL COMMITTEES SHALL OBTAIN  AND  FURNISH  TO  THE  BOARD  ANY
INFORMATION  IT  MAY  REQUEST  RELATING TO THE FINANCIAL TRANSACTIONS OR
CONTRIBUTIONS OF CANDIDATES AND POLITICAL COMMITTEES  AND  FURNISH  SUCH
DOCUMENTATION  AND  OTHER  PROOF OF COMPLIANCE WITH THIS TITLE AS MAY BE
REQUESTED BY THE BOARD. CANDIDATES AND POLITICAL COMMITTEES SHALL  MAIN-
TAIN  COPIES  OF  SUCH  RECORDS  FOR  A PERIOD OF FIVE YEARS FOLLOWING A
GENERAL ELECTION.
  S 14-208. ELIGIBILITY. 1. TO BE ELIGIBLE FOR MATCHING  FUNDS  PURSUANT
TO  THIS  TITLE, A CANDIDATE MUST: (A) BE A CANDIDATE FOR THE OFFICES OF
GOVERNOR, LIEUTENANT  GOVERNOR,  STATE  COMPTROLLER,  ATTORNEY  GENERAL,
MEMBER  OF  THE  ASSEMBLY, STATE SENATOR OR DELEGATE TO A CONSTITUTIONAL
CONVENTION IN A COVERED ELECTION; (B) SATISFY ALL  THE  REQUIREMENTS  OF
LAW  TO HAVE HIS OR HER NAME ON THE BALLOT; (C) IN THE CASE OF A COVERED
GENERAL ELECTION, BE OPPOSED BY ANOTHER CANDIDATE ON THE BALLOT  WHO  IS
NOT  A  WRITE-IN CANDIDATE; (D) SUBMIT A CERTIFICATION IN THE FORM OF AN

S. 7506                            15

AFFIDAVIT, IN SUCH FORM AS MAY BE PRESCRIBED  BY  THE  CAMPAIGN  FINANCE
BOARD, THAT SETS FORTH HIS OR HER AGREEMENT TO COMPLY WITH THE TERMS AND
CONDITIONS  FOR  THE  PROVISION  OF  SUCH FUNDS IN EACH COVERED ELECTION
WHICH  SHALL  BE  FILED  WITH  SUCH BOARD NO LATER THAN JUNE FIRST OF AN
ELECTION YEAR; (E) BE CERTIFIED AS A  PARTICIPATING  CANDIDATE  BY  SUCH
BOARD  NOT  LATER THAN TWO WEEKS AFTER THE FILING OF SUCH AFFIDAVIT; (F)
NOT MAKE, AND NOT HAVE MADE, EXPENDITURES  FROM,  OR  USE,  HIS  OR  HER
PERSONAL  FUNDS  OR  PROPERTY OR PERSONAL FUNDS OR PROPERTY JOINTLY HELD
WITH HIS OR HER SPOUSE, DOMESTIC PARTNER, OR CHILD  IN  CONNECTION  WITH
HIS  OR  HER  NOMINATION  FOR  ELECTION  OR ELECTION TO A COVERED OFFICE
EXCEPT AS A CONTRIBUTION TO HIS OR HER AUTHORIZED COMMITTEE IN AN AMOUNT
THAT EXCEEDS THE APPLICABLE CONTRIBUTION LIMIT OF AN INDIVIDUAL CONTRIB-
UTOR TO CANDIDATES FOR THE OFFICE THAT HE OR SHE IS  SEEKING;  (G)  MEET
THE  THRESHOLD  FOR  ELIGIBILITY  SET  FORTH  IN SUBDIVISION TWO OF THIS
SECTION; AND (H) ABIDE BY THE REQUIREMENTS SET FORTH IN THIS  TITLE  AND
CHAPTER DURING THE POST-ELECTION PERIOD.
  2.  THE THRESHOLD FOR ELIGIBILITY FOR MATCHING FUNDS FOR CANDIDATES IN
A PRIMARY, GENERAL OR SPECIAL ELECTION FOR THE FOLLOWING  OFFICES  SHALL
BE:
  (A) GOVERNOR IN A PRIMARY OR GENERAL ELECTION. THE RECEIPT OF NOT LESS
THAN  SIX HUNDRED FIFTY THOUSAND DOLLARS FROM AT LEAST SIX THOUSAND FIVE
HUNDRED MATCHABLE CONTRIBUTIONS IN SINGLE AMOUNTS OF NO  MORE  THAN  TWO
HUNDRED FIFTY DOLLARS FROM NATURAL PERSONS RESIDING IN THE STATE;
  (B) LIEUTENANT GOVERNOR IN A PRIMARY ELECTION AND STATE COMPTROLLER OR
ATTORNEY  GENERAL  IN  A PRIMARY OR GENERAL ELECTION. THE RECEIPT OF NOT
LESS THAN TWO HUNDRED THOUSAND DOLLARS FROM AT LEAST TWO THOUSAND MATCH-
ABLE CONTRIBUTIONS IN SINGLE AMOUNTS OF NO MORE THAN TWO  HUNDRED  FIFTY
DOLLARS FROM NATURAL PERSONS RESIDING IN THE STATE;
  (C)  STATE  SENATORS  IN  A  PRIMARY, GENERAL OR SPECIAL ELECTION. THE
RECEIPT OF NOT LESS THAN TWENTY THOUSAND DOLLARS IN  MATCHABLE  CONTRIB-
UTIONS  IN SINGLE AMOUNTS OF NO MORE THAN TWO HUNDRED FIFTY DOLLARS FROM
NATURAL PERSONS RESIDING IN THE STATE, INCLUDING AT LEAST  TEN  THOUSAND
DOLLARS  FROM AT LEAST ONE HUNDRED CONTRIBUTORS WHO RESIDE IN THE SENATE
DISTRICT OR RESIDE IN ANY PORTION OF ANY COUNTY  WHICH  CONSTITUTES  ANY
MEASURE OF THE DISTRICT IN WHICH THE SEAT IS TO BE FILLED;
  (D) MEMBERS OF THE ASSEMBLY IN A PRIMARY, GENERAL OR SPECIAL ELECTION.
THE  RECEIPT OF NOT LESS THAN TEN THOUSAND DOLLARS IN MATCHABLE CONTRIB-
UTIONS IN SINGLE AMOUNTS OF NO MORE THAN TWO HUNDRED FIFTY DOLLARS  FROM
NATURAL  PERSONS RESIDING IN THE STATE, INCLUDING AT LEAST FIVE THOUSAND
DOLLARS FROM AT LEAST FIFTY CONTRIBUTORS  WHO  RESIDE  IN  THE  ASSEMBLY
DISTRICT  OR  RESIDE  IN ANY PORTION OF ANY COUNTY WHICH CONSTITUTES ANY
MEASURE OF THE DISTRICT IN WHICH THE SEAT IS TO BE FILLED;
  (E) AT-LARGE DELEGATE TO A CONSTITUTIONAL CONVENTION IN A PRIMARY OR A
GENERAL ELECTION. THE RECEIPT OF NOT LESS THAN TWENTY  THOUSAND  DOLLARS
IN MATCHABLE CONTRIBUTIONS IN SINGLE AMOUNTS OF NO MORE THAN TWO HUNDRED
FIFTY DOLLARS FROM NATURAL PERSONS RESIDING IN THE STATE; AND
  (F)  DISTRICT  DELEGATE TO A CONSTITUTIONAL CONVENTION IN A PRIMARY OR
GENERAL ELECTION. THE RECEIPT OF NOT LESS THAN FIVE THOUSAND DOLLARS  IN
AT LEAST FIFTY MATCHABLE CONTRIBUTIONS IN SINGLE AMOUNTS OF NO MORE THAN
TWO  HUNDRED FIFTY DOLLARS FROM NATURAL PERSONS RESIDING IN THE DISTRICT
OR IN THE CONSTITUENT COUNTY OR RESIDING IN ANY PORTION  OF  ANY  COUNTY
WHICH CONSTITUTES ANY MEASURE OF THE DISTRICT IN WHICH THE SEAT IS TO BE
FILLED.
  3.  (A)  CANDIDATES WHO ARE CONTESTED IN A PRIMARY ELECTION AND WHO DO
NOT SEEK MATCHING FUNDS SHALL NOT BE ELIGIBLE FOR MATCHING FUNDS FOR THE

S. 7506                            16

GENERAL ELECTION IN THAT YEAR. THE PROVISIONS OF THIS SUBDIVISION  SHALL
NOT APPLY TO CANDIDATES FOR THE OFFICE OF LIEUTENANT GOVERNOR.
  (B)  CANDIDATES  WHO  ARE  UNOPPOSED  IN A GENERAL OR SPECIAL ELECTION
SHALL NOT BE ELIGIBLE TO RECEIVE MATCHING FUNDS.
  (C) NO CANDIDATE FOR ELECTION TO AN OFFICE IN A  PRIMARY,  GENERAL  OR
SPECIAL  ELECTION  WHO  HAS  ELECTED  TO  PARTICIPATE  IN  THE VOLUNTARY
CAMPAIGN FINANCING SYSTEM SHALL BE DEEMED OPPOSED AND  BE  ELIGIBLE  FOR
MATCHING  FUNDS UNLESS THERE IS AT LEAST ONE OTHER CANDIDATE, AS DEFINED
BY SUBDIVISION SEVEN OF SECTION 14-100 OF THIS ARTICLE FOR  SUCH  OFFICE
FOR SUCH ELECTION.
  (D)  ANY PARTICIPATING CANDIDATE MEETING THE THRESHOLD FOR ELIGIBILITY
IN A PRIMARY ELECTION SHALL BE DEEMED TO  HAVE  MET  THE  THRESHOLD  FOR
ELIGIBILITY  FOR  SUCH  OFFICE  IN  ANY  OTHER ELECTION HELD IN THE SAME
ELECTION CYCLE.
  (E) NO PARTICIPATING CANDIDATE FOR NOMINATION  TO  AN  OFFICE  WHO  IS
UNOPPOSED IN A PRIMARY ELECTION SHALL BE ELIGIBLE FOR MATCHING FOR QUAL-
IFIED  CAMPAIGN  EXPENDITURES,  PROVIDED,  HOWEVER, THAT WHERE A CONTEST
OCCURS IN A PRIMARY FOR THE NOMINATION OF AT LEAST ONE OTHER  PARTY  FOR
OFFICE, THE AUTHORIZED COMMITTEE OF AN UNOPPOSED PARTICIPATING CANDIDATE
FOR  NOMINATION  MAY  RAISE AND SPEND AN AMOUNT EQUAL TO ONE-HALF OF THE
MATCHING FUNDS RECEIPT LIMIT FOR SUCH OFFICE, AS FIXED BY THIS TITLE FOR
CANDIDATES WHO HAVE ELECTED TO ACCEPT MATCHING FUNDS, WITH CONTRIBUTIONS
OF UP TO TWO THOUSAND SIX HUNDRED DOLLARS PER  CONTRIBUTOR  PURSUANT  TO
SECTION 14-204 OF THIS TITLE.
  S  14-212.  PAYMENT  OF  MATCHING FUNDS. 1. NO MATCHING FUNDS SHALL BE
PAID TO AN AUTHORIZED COMMITTEE UNLESS THE CAMPAIGN FINANCE BOARD DETER-
MINES THAT THE PARTICIPATING CANDIDATE HAS QUALIFIED  PURSUANT  TO  THIS
TITLE.  PAYMENT  SHALL  NOT EXCEED THE AMOUNTS SPECIFIED IN THIS SECTION
AND MAY BE MADE ONLY TO THE PARTICIPATING CANDIDATE'S AUTHORIZED COMMIT-
TEE. NO MATCHING FUNDS SHALL BE USED EXCEPT  TO  REIMBURSE  OR  PAY  FOR
QUALIFIED  CAMPAIGN  EXPENDITURES  ACTUALLY  AND LAWFULLY INCURRED OR TO
REPAY LOANS USED TO PAY QUALIFIED CAMPAIGN EXPENDITURES.
  2. IF THE THRESHOLD FOR ELIGIBILITY IS MET, THE  PARTICIPATING  CANDI-
DATE'S AUTHORIZED COMMITTEE SHALL RECEIVE PAYMENT FOR QUALIFIED CAMPAIGN
EXPENDITURES  OF  SIX  DOLLARS  OF MATCHING FUNDS FOR EACH ONE DOLLAR OF
MATCHABLE CONTRIBUTIONS FOR A PRIMARY ELECTION AND SIX DOLLARS OF MATCH-
ING FUNDS FOR EACH ONE DOLLAR OF MATCHABLE CONTRIBUTIONS FOR  A  GENERAL
OR SPECIAL ELECTION FOR ALL MATCHABLE CONTRIBUTIONS RECEIVED AFTER JANU-
ARY  FIRST  OF  THE YEAR IN WHICH SUCH PRIMARY OR GENERAL ELECTION TO BE
HELD AND REPORTED TO THE BOARD.
  3. (A) MATCHING FUNDS RECEIVED BY PARTICIPATING CANDIDATES  AND  THEIR
AUTHORIZED COMMITTEES IN A PRIMARY ELECTION SHALL NOT EXCEED:
  (I)  THE  SUM  OF  FIVE  MILLION FIVE HUNDRED THOUSAND DOLLARS FOR THE
OFFICE OF GOVERNOR;
  (II) THE SUM OF TWO MILLION SEVEN HUNDRED FIFTY THOUSAND  DOLLARS  FOR
THE  OFFICES  OF  LIEUTENANT  GOVERNOR,  STATE  COMPTROLLER AND ATTORNEY
GENERAL;
  (III) THE SUM OF EIGHT HUNDRED TWENTY-FIVE THOUSAND  DOLLARS  FOR  THE
OFFICE OF STATE SENATOR;
  (IV)  THE SUM OF FOUR HUNDRED TWELVE THOUSAND FIVE HUNDRED DOLLARS FOR
THE OFFICE OF MEMBER OF THE ASSEMBLY;
  (V) THE SUM OF  ONE  HUNDRED  SEVENTY-FIVE  THOUSAND  DOLLARS  FOR  AN
AT-LARGE DELEGATE TO A CONSTITUTIONAL CONVENTION; AND
  (VI)  THE  SUM  OF FIFTY THOUSAND DOLLARS FOR A DISTRICT DELEGATE TO A
CONSTITUTIONAL CONVENTION.

S. 7506                            17

  (B) MATCHING FUNDS RECEIVED  BY  PARTICIPATING  CANDIDATES  AND  THEIR
AUTHORIZED COMMITTEES IN A GENERAL OR SPECIAL ELECTION SHALL NOT EXCEED:
  (I)  THE  SUM  OF EIGHT MILLION TWO HUNDRED FIFTY THOUSAND DOLLARS FOR
THE OFFICES OF GOVERNOR AND LIEUTENANT GOVERNOR;
  (II) THE SUM OF FOUR MILLION ONE HUNDRED TWENTY-FIVE THOUSAND  DOLLARS
FOR THE OFFICES OF STATE COMPTROLLER AND ATTORNEY GENERAL;
  (III)  THE  SUM  OF EIGHT HUNDRED TWENTY-FIVE THOUSAND DOLLARS FOR THE
OFFICE OF STATE SENATOR;
  (IV) THE SUM OF FOUR HUNDRED TWELVE THOUSAND FIVE HUNDRED DOLLARS  FOR
THE OFFICE OF MEMBER OF THE ASSEMBLY;
  (V)  THE  SUM  OF  ONE  HUNDRED  SEVENTY-FIVE  THOUSAND DOLLARS FOR AN
AT-LARGE DELEGATE TO A CONSTITUTIONAL CONVENTION; AND
  (VI) THE SUM OF FIFTY THOUSAND DOLLARS FOR A DISTRICT  DELEGATE  TO  A
CONSTITUTIONAL CONVENTION.
  4.  NO MATCHING FUNDS SHALL BE PAID TO ANY PARTICIPATING CANDIDATES IN
A PRIMARY ELECTION ANY EARLIER THAN  THE  DAY  THAT  SUCH  CANDIDATE  IS
CERTIFIED AS BEING ON THE BALLOT FOR SUCH PRIMARY ELECTION.
  5.  NO MATCHING FUNDS SHALL BE PAID TO ANY PARTICIPATING CANDIDATES IN
A GENERAL ELECTION ANY EARLIER THAN THE DAY AFTER THE DAY OF THE PRIMARY
ELECTION HELD TO NOMINATE CANDIDATES FOR SUCH ELECTION.
  6. NO MATCHING FUNDS SHALL BE PAID TO ANY PARTICIPATING CANDIDATE  WHO
HAS  BEEN DISQUALIFIED OR WHOSE DESIGNATING PETITIONS HAVE BEEN DECLARED
INVALID BY THE APPROPRIATE BOARD OF ELECTIONS OR A  COURT  OF  COMPETENT
JURISDICTION  UNTIL  AND  UNLESS  SUCH  FINDING  IS REVERSED BY A HIGHER
AUTHORITY. NO PAYMENT FROM THE FUND IN THE POSSESSION OF SUCH  A  CANDI-
DATE  OR  SUCH  CANDIDATE'S  PARTICIPATING COMMITTEE ON THE DATE OF SUCH
DISQUALIFICATION OR INVALIDATION MAY  THEREAFTER  BE  EXPENDED  FOR  ANY
PURPOSE EXCEPT THE PAYMENT OF LIABILITIES INCURRED BEFORE SUCH DATE. ALL
SUCH MONEYS SHALL BE REPAID TO THE FUND.
  7. THE COMMISSIONER OF TAXATION AND FINANCE SHALL MAKE ALL PAYMENTS OF
MATCHING  FUNDS  TO PARTICIPATING CANDIDATES AS SOON AS PRACTICABLE, BUT
NO LATER THAN FIVE DAYS AFTER SUBMISSION BY THE PARTICIPATING  CANDIDATE
OF  A  CAMPAIGN  CONTRIBUTION  REPORT  FILED  WITH  THE  STATE  BOARD OF
ELECTIONS IN COMPLIANCE WITH THIS ARTICLE. THE  CAMPAIGN  FINANCE  BOARD
SHALL  VERIFY  ELIGIBILITY FOR AND AMOUNT OF MATCHING FUNDS WITHIN THREE
DAYS AFTER RECEIPT OF SUCH CONTRIBUTION REPORT.  UPON  DETERMINATION  OF
ELIGIBILITY  OF  A  PARTICIPATING  CANDIDATE  FOR  MATCHING FUNDS AND OF
AMOUNT OF SUCH MATCHING FUNDS, THE CAMPAIGN FINANCE BOARD  SHALL  SUBMIT
WITHIN  ONE  DAY  A DULY APPROVED, CERTIFIED AND EXECUTED VOUCHER TO THE
DEPARTMENT OF TAXATION AND FINANCE REQUESTING PAYMENT OF  SUCH  MATCHING
FUNDS AND PAYMENT THEREOF SHALL BE MADE TO THE PARTICIPATING CANDIDATE'S
AUTHORIZED  COMMITTEE  NOT  LESS  THAN  ONE  DAY  AFTER  SUCH VOUCHER IS
RECEIVED BY THE DEPARTMENT OF TAXATION AND FINANCE. IF ANY OF  THE  TIME
LIMITS  IN  THIS TITLE FOR PAYMENT FALL ON A WEEKEND OR HOLIDAY, PAYMENT
SHALL BE MADE ON THE NEXT BUSINESS DAY.
  8. THE CAMPAIGN FINANCE BOARD  AND  THE  DEPARTMENT  OF  TAXATION  AND
FINANCE  SHALL  PROMULGATE RULES TO FACILITATE ELECTRONIC FUND TRANSFERS
DIRECTLY FROM THE FUND INTO AN AUTHORIZED COMMITTEE'S BANK ACCOUNT.
  S 14-214. USE OF MATCHING FUNDS; QUALIFIED CAMPAIGN  EXPENDITURES.  1.
MATCHING  FUNDS  PROVIDED UNDER THE PROVISIONS OF THIS TITLE MAY BE USED
ONLY BY AN AUTHORIZED COMMITTEE FOR EXPENDITURES TO FURTHER THE  PARTIC-
IPATING  CANDIDATE'S  NOMINATION  FOR  ELECTION,  OR ELECTION, INCLUDING
PAYMENT FOR DEBTS INCURRED WITHIN ONE YEAR BEFORE AN ELECTION TO FURTHER
THE PARTICIPATING CANDIDATE'S NOMINATION FOR ELECTION OR ELECTION.
  2. SUCH MATCHING FUNDS MAY NOT BE USED FOR: (A)  AN  EXPENDITURE  THAT
VIOLATES ANY LAW OR REGULATION; (B) AN EXPENDITURE IN EXCESS OF THE FAIR

S. 7506                            18

MARKET VALUE OF SERVICES, MATERIALS, FACILITIES OR OTHER ITEM OF SIGNIF-
ICANT  VALUE  RECEIVED  IN  EXCHANGE;  (C) AN EXPENDITURE MADE AFTER THE
CANDIDATE HAS BEEN FINALLY DISQUALIFIED FROM THE BALLOT; (D) AN EXPENDI-
TURE FOR AN OBLIGATION INCURRED AFTER THE ONLY REMAINING OPPONENT OF THE
CANDIDATE HAS BEEN FINALLY DISQUALIFIED FROM THE BALLOT; (E) AN EXPENDI-
TURE  MADE  BY  CASH PAYMENT; (F) A CONTRIBUTION OR LOAN MADE TO ANOTHER
CANDIDATE OR POLITICAL COMMITTEE;  (G)  AN  EXPENDITURE  TO  SUPPORT  OR
OPPOSE  ANOTHER  CANDIDATE  OR  POLITICAL  COMMITTEE;  (H) GIFTS, EXCEPT
BROCHURES, BUTTONS, SIGNS AND OTHER PRINTED CAMPAIGN MATERIAL; (I) LEGAL
FEES TO DEFEND AGAINST A CRIMINAL CHARGE; OR (J) A PAYMENT TO AN IMMEDI-
ATE FAMILY MEMBER OF THE PARTICIPATING CANDIDATE.
  S 14-216. CAMPAIGN FINANCE BOARD; GENERAL POWERS AND DUTIES. 1.  THERE
SHALL BE A BOARD WITHIN THE  STATE  BOARD  OF  ELECTIONS  KNOWN  AS  THE
"CAMPAIGN FINANCE BOARD" COMPOSED OF SEVEN MEMBERS, OF WHICH ONE MEMBER,
WHO  SHALL  BE  THE CHAIRPERSON, SHALL BE APPOINTED BY THE GOVERNOR WITH
THE ADVICE AND CONSENT OF THE SENATE, ONE MEMBER SHALL BE  APPOINTED  BY
THE  STATE  COMPTROLLER,  ONE  MEMBER SHALL BE APPOINTED BY THE ATTORNEY
GENERAL, ONE MEMBER SHALL BE APPOINTED BY THE TEMPORARY PRESIDENT OF THE
SENATE, ONE MEMBER SHALL BE APPOINTED BY THE SPEAKER  OF  THE  ASSEMBLY,
ONE  MEMBER  SHALL BE APPOINTED BY THE MINORITY LEADER OF THE SENATE AND
ONE MEMBER SHALL BE APPOINTED BY THE MINORITY LEADER  OF  THE  ASSEMBLY.
NO  MEMBER OF THE CAMPAIGN FINANCE BOARD SHALL HOLD ELECTIVE OFFICE, NOR
SHALL ANY MEMBER BE A LOBBYIST AS DEFINED IN SUBDIVISION (A) OF  SECTION
ONE-C  OF  THE LEGISLATIVE LAW.  THE MEMBERS SHALL FIRST BE APPOINTED TO
SERVE AS FOLLOWS: (A) TWO MEMBERS, ONE APPOINTED BY THE TEMPORARY PRESI-
DENT OF THE SENATE AND ONE APPOINTED  BY  THE  MINORITY  LEADER  OF  THE
ASSEMBLY  FOR A TERM OF TWO YEARS, (B) TWO MEMBERS, ONE APPOINTED BY THE
TEMPORARY PRESIDENT OF THE SENATE AND ONE APPOINTED BY  THE  SPEAKER  OF
THE  ASSEMBLY FOR A TERM OF THREE YEARS, (C) ONE MEMBER APPOINTED BY THE
ATTORNEY GENERAL FOR A TERM OF FOUR YEARS, (D) ONE MEMBER  APPOINTED  BY
THE  COMPTROLLER  FOR A TERM OF FIVE YEARS AND (E) THE CHAIRPERSON SHALL
SERVE FOR A TERM OF SIX YEARS.   MEMBERS APPOINTED THEREAFTER  SHALL  BE
APPOINTED FOR TERMS OF SIX YEARS.
  2.  EACH  INITIAL  MEMBER'S  TERM SHALL COMMENCE ON JANUARY FIRST, TWO
THOUSAND SEVENTEEN. IN CASE OF A VACANCY IN THE OFFICE OF  A  MEMBER,  A
MEMBER  SHALL  BE APPOINTED ACCORDING TO THE ORIGINAL MANNER OF APPOINT-
MENT. EACH MEMBER SHALL BE A RESIDENT OF  THE  STATE  OF  NEW  YORK  AND
REGISTERED  TO  VOTE  THEREIN.  EACH  MEMBER SHALL AGREE NOT TO MAKE AND
SHALL NOT MAKE CONTRIBUTIONS TO ANY CANDIDATE  OR  AUTHORIZED  COMMITTEE
FOR  NOMINATION FOR ELECTION OR FOR ELECTION TO THE OFFICES OF GOVERNOR,
LIEUTENANT GOVERNOR, STATE COMPTROLLER, ATTORNEY GENERAL, MEMBER OF  THE
ASSEMBLY, STATE SENATOR AND DELEGATE TO A CONSTITUTIONAL CONVENTION.  NO
MEMBER SHALL SERVE AS AN OFFICER OF A POLITICAL PARTY OR COMMITTEE OR BE
A  CANDIDATE OR PARTICIPATE IN ANY CAPACITY IN A CAMPAIGN BY A CANDIDATE
FOR NOMINATION FOR ELECTION, OR FOR ELECTION TO THE OFFICES OF GOVERNOR,
LIEUTENANT GOVERNOR, STATE COMPTROLLER, ATTORNEY GENERAL, MEMBER OF  THE
ASSEMBLY, STATE SENATOR AND DELEGATE TO A CONSTITUTIONAL CONVENTION.  AN
OFFICER OR EMPLOYEE OF THE STATE OR ANY STATE AGENCY SHALL NOT BE ELIGI-
BLE TO BE A MEMBER OF THE CAMPAIGN FINANCE BOARD.
  3.  THE  MEMBERS  OF  THE  CAMPAIGN FINANCE BOARD SHALL BE ENTITLED TO
RECEIVE PAYMENT FOR  ACTUAL  AND  NECESSARY  EXPENSES  INCURRED  IN  THE
PERFORMANCE OF THEIR DUTIES AS MEMBERS OF SUCH BOARD.
  4. A MEMBER OF THE CAMPAIGN FINANCE BOARD MAY BE REMOVED BY HIS OR HER
APPOINTING  AUTHORITY  SOLELY  FOR  SUBSTANTIAL  NEGLECT  OF DUTY, GROSS
MISCONDUCT IN OFFICE, INABILITY TO DISCHARGE THE POWERS OR DUTIES OF THE
OFFICE, OR VIOLATION OF THE PROVISIONS OF THIS  CHAPTER,  AFTER  WRITTEN

S. 7506                            19

NOTICE  AND OPPORTUNITY FOR A PUBLIC HEARING PURSUANT TO RULES DEVELOPED
BY THE CAMPAIGN FINANCE BOARD.
  5.  THE  CAMPAIGN  FINANCE  BOARD MAY EMPLOY OR SHALL UTILIZE EXISTING
STAFF OF THE STATE BOARD OF ELECTIONS AS MAY BE NECESSARY, INCLUDING  AN
EXECUTIVE  DIRECTOR  AND  A  COUNSEL,  AND  MAKE  NECESSARY EXPENDITURES
SUBJECT TO APPROPRIATION.  THE CAMPAIGN FINANCE BOARD  SHALL  RETAIN  AN
INDEPENDENT  AUDITOR  TO PERFORM ONGOING AUDITS OF EACH COVERED ELECTION
BY CONTRACT ENTERED INTO PURSUANT TO SECTION ONE HUNDRED SIXTY-THREE  OF
THE STATE FINANCE LAW.
  6.  IN  ADDITION  TO  THE ENFORCEMENT POWERS, AND ANY OTHER POWERS AND
DUTIES SPECIFIED BY LAW, THE CAMPAIGN FINANCE BOARD SHALL:
  (A) (I) RENDER ADVISORY OPINIONS WITH  RESPECT  TO  QUESTIONS  ARISING
UNDER  THIS TITLE UPON THE WRITTEN REQUEST OF A CANDIDATE, AN OFFICER OF
A POLITICAL COMMITTEE OR MEMBER OF THE PUBLIC, OR UPON  ITS  OWN  INITI-
ATIVE;  (II)  PROMULGATE  RULES REGARDING REASONABLE TIMES TO RESPOND TO
SUCH REQUESTS; AND (III) MAKE PUBLIC THE QUESTIONS OF INTERPRETATION FOR
WHICH ADVISORY OPINIONS WILL BE CONSIDERED BY THE CAMPAIGN FINANCE BOARD
AND ITS ADVISORY OPINIONS, INCLUDING BY PUBLICATION ON ITS WEBSITE;
  (B) DEVELOP A PROGRAM FOR INFORMING CANDIDATES AND THE  PUBLIC  AS  TO
THE  PURPOSE  AND  EFFECT  OF THE PROVISIONS OF THIS TITLE, INCLUDING BY
MEANS OF A WEBSITE;
  (C) HAVE THE AUTHORITY TO PROMULGATE SUCH RULES  AND  REGULATIONS  AND
PRESCRIBE  SUCH  FORMS AS THE CAMPAIGN FINANCE BOARD DEEMS NECESSARY FOR
THE ADMINISTRATION OF THIS TITLE; AND
  (D) IN CONJUNCTION WITH THE STATE BOARD OF ELECTIONS DEVELOP AN INTER-
ACTIVE, SEARCHABLE COMPUTER DATABASE THAT SHALL CONTAIN ALL  INFORMATION
NECESSARY FOR THE PROPER ADMINISTRATION OF THIS TITLE INCLUDING INFORMA-
TION  ON  CONTRIBUTIONS  TO  AND  EXPENDITURES  BY  CANDIDATES AND THEIR
AUTHORIZED COMMITTEES AND DISTRIBUTIONS OF  MONEYS  FROM  THE  FUND  AND
SHALL  BE  ACCESSIBLE  TO  THE  PUBLIC  ON THE STATE BOARD OF ELECTIONS'
WEBSITE.
  7. CONSISTENT WITH THE PROVISIONS OF THE CIVIL SERVICE LAW AND  SUBDI-
VISION  SEVENTEEN  OF  SECTION SEVENTY-THREE OF THE PUBLIC OFFICERS LAW,
AND NOTWITHSTANDING THE PROVISIONS OF ANY OTHER LAW TO THE CONTRARY, ALL
POSITIONS ON THE STAFF OF THE CAMPAIGN FINANCE BOARD SHALL BE CLASSIFIED
IN THE EXEMPT CLASS OF THE CIVIL SERVICE.
  8. THE CAMPAIGN FINANCE BOARD'S ADMINISTRATION OF THE  FUND  SHALL  BE
GOVERNED  BY  THE  PROVISIONS OF THIS TITLE AND SECTION NINETY-NINE-Z OF
THE STATE FINANCE LAW.
  9. THE CAMPAIGN FINANCE BOARD AND ITS PROCEEDINGS SHALL BE GOVERNED BY
THE STATE ADMINISTRATIVE PROCEDURE ACT AND SUBJECT TO ARTICLES  SIX  AND
SEVEN OF THE PUBLIC OFFICERS LAW.
  10.  THE  CAMPAIGN  FINANCE  BOARD  MAY TAKE SUCH OTHER ACTIONS AS ARE
NECESSARY AND PROPER TO CARRY OUT THE PURPOSES OF THIS TITLE.
  S 14-218. AUDITS AND REPAYMENTS. 1.  THE  CAMPAIGN  FINANCE  BOARD  IS
HEREBY  EMPOWERED  TO  AUDIT AND EXAMINE, PURSUANT TO GENERALLY ACCEPTED
ACCOUNTING PRINCIPLES, ALL MATTERS RELATING TO THE  PERFORMANCE  OF  ITS
FUNCTIONS  AND  ANY  OTHER MATTER RELATING TO THE ADMINISTRATION OF THIS
TITLE. SUCH AUDITS SHALL BE CONDUCTED  AS  FREQUENTLY  AS  THE  CAMPAIGN
FINANCE  BOARD  DEEMS  NECESSARY  TO  ENSURE COMPLIANCE WITH THIS TITLE.
EVERY CANDIDATE WHO RECEIVES MATCHING FUNDS UNDER THIS TITLE SHALL  ALSO
BE  AUDITED  BY  THE  CAMPAIGN  FINANCE BOARD POST-ELECTION. THE COST OF
COMPLYING WITH A POST-ELECTION AUDIT SHALL BE BORNE BY  THE  CANDIDATE'S
AUTHORIZED  COMMITTEE. A CANDIDATE WHO HAS RECEIVED MATCHING FUNDS UNDER
THIS TITLE MUST MAINTAIN A RESERVE OF AT LEAST ONE PERCENT OF THE  TOTAL
AMOUNT  OF  MATCHING  FUNDS  RECEIVED  BY  SUCH  CANDIDATE IN HIS OR HER

S. 7506                            20

CAMPAIGN ACCOUNT TO COMPLY WITH THE POST-ELECTION AUDIT. A CANDIDATE WHO
RUNS IN BOTH A PRIMARY AND A GENERAL ELECTION, MUST MAINTAIN  A  RESERVE
OF  ONE  PERCENT  OF THE TOTAL AMOUNT OF MATCHING FUNDS RECEIVED BY SUCH
CANDIDATE  FOR BOTH HIS OR HER PRIMARY AND GENERAL ELECTION. A CANDIDATE
MAY USE MATCHING FUNDS, PRIVATE FUNDS OR A COMBINATION OF  MATCHING  AND
PRIVATE FUNDS TO COMPLY WITH A POST-ELECTION AUDIT. THE CAMPAIGN FINANCE
BOARD SHALL ISSUE TO EACH CAMPAIGN AUDITED THE FINAL POST-ELECTION AUDIT
REPORT  THAT  DETAILS  ITS  FINDINGS AND SHALL PROVIDE SUCH AUDIT TO THE
GOVERNOR AND LEGISLATIVE LEADERS AND MAKE SUCH AUDIT REPORT AVAILABLE ON
THE STATE BOARD OF ELECTIONS' WEBSITE.
  2. IF THE CAMPAIGN FINANCE BOARD DETERMINES  THAT  ANY  PORTION  OF  A
PAYMENT  MADE  TO  A  CANDIDATE'S  AUTHORIZED  COMMITTEE  FROM  THE FUND
EXCEEDED THE AMOUNT THAT SUCH CANDIDATE WAS ELIGIBLE TO RECEIVE PURSUANT
TO THIS TITLE, THE CAMPAIGN FINANCE BOARD SHALL  NOTIFY  SUCH  COMMITTEE
AND  SUCH  COMMITTEE  SHALL  PAY TO THE CAMPAIGN FINANCE BOARD AN AMOUNT
EQUAL TO THE AMOUNT OF THE EXCESS PAYMENT; PROVIDED,  HOWEVER,  THAT  IF
THE  ERRONEOUS  PAYMENT WAS DUE TO AN ERROR MADE BY THE CAMPAIGN FINANCE
BOARD, THEN THE ERRONEOUS PAYMENT WILL  BE  OFFSET  AGAINST  ANY  FUTURE
PAYMENT, IF ANY. THE PARTICIPATING CANDIDATE AND THE CANDIDATE'S AUTHOR-
IZED  COMMITTEE SHALL BE JOINTLY AND SEVERALLY LIABLE FOR ANY REPAYMENTS
DUE TO THE CAMPAIGN FINANCE BOARD FOR DEPOSIT BY SUCH BOARD INTO THE NEW
YORK STATE CAMPAIGN FINANCE FUND.
  3. IF THE CAMPAIGN FINANCE BOARD DETERMINES  THAT  ANY  PORTION  OF  A
PAYMENT  MADE  TO  A  CANDIDATE'S AUTHORIZED COMMITTEE FROM THE NEW YORK
STATE CAMPAIGN FINANCE FUND WAS USED FOR PURPOSES OTHER  THAN  QUALIFIED
CAMPAIGN  EXPENDITURES,  THE  CAMPAIGN  FINANCE  BOARD SHALL NOTIFY SUCH
COMMITTEE OF THE AMOUNT SO DISQUALIFIED AND SUCH COMMITTEE SHALL PAY  TO
THE  CAMPAIGN FINANCE BOARD AN AMOUNT EQUAL TO SUCH DISQUALIFIED AMOUNT.
SUCH MONIES SHALL BE DEPOSITED INTO THE NEW YORK STATE CAMPAIGN  FINANCE
FUND  ESTABLISHED PURSUANT TO SECTION NINETY-NINE-Z OF THE STATE FINANCE
LAW.  THE CANDIDATE AND THE CANDIDATE'S AUTHORIZED  COMMITTEE  SHALL  BE
JOINTLY  AND  SEVERALLY  LIABLE  FOR  ANY REPAYMENTS DUE TO THE CAMPAIGN
FINANCE BOARD.
  4. A PARTICIPATING CANDIDATE SHALL PAY TO THE CAMPAIGN  FINANCE  BOARD
FOR DEPOSIT INTO THE CAMPAIGN FINANCE FUND UNSPENT MATCHING FUNDS FOR AN
ELECTION  NOT  LATER  THAN  THIRTY  DAYS  AFTER  ALL LIABILITIES FOR THE
ELECTION CAMPAIGN HAVE BEEN PAID AND IN ANY EVENT, NOT LATER THAN TWENTY
DAYS AFTER THE DATE ON WHICH THE CAMPAIGN FINANCE BOARD ISSUES ITS FINAL
AUDIT REPORT FOR  THE  PARTICIPATING  CANDIDATE'S  COMMITTEE;  PROVIDED,
HOWEVER,  THAT  ALL UNSPENT MATCHING FUNDS FOR A PARTICIPATING CANDIDATE
SHALL BE IMMEDIATELY DUE AND PAYABLE TO THE CAMPAIGN FINANCE  BOARD  FOR
DEPOSIT  INTO THE NEW YORK STATE CAMPAIGN FINANCE FUND UPON ITS DETERMI-
NATION THAT THE PARTICIPANT WILLFULLY DELAYED  THE  POST-ELECTION  AUDIT
PROCESS.  A  PARTICIPATING CANDIDATE MAY MAKE POST-ELECTION EXPENDITURES
ONLY FOR ROUTINE ACTIVITIES  INVOLVING  NOMINAL  COSTS  ASSOCIATED  WITH
WINDING UP A CAMPAIGN AND RESPONDING TO THE POST-ELECTION AUDIT PURSUANT
TO  SECTION  14-228  OF THIS TITLE. FOR ACCOUNTING PURPOSES, ALL PRIVATE
AND PERSONAL CONTRIBUTIONS SHALL BE CONSIDERED SPENT BEFORE REVENUE FROM
THE FUND IS SPENT OR COMMITTED.
  S 14-220. CIVIL ENFORCEMENT. 1. ANY PERSON OR AUTHORIZED COMMITTEE WHO
KNOWINGLY AND WILLFULLY FAILS TO  MAKE  A  FILING  AS  REQUIRED  BY  THE
PROVISIONS OF THIS TITLE SHALL BE SUBJECT TO A FINE TO BE IMPOSED BY THE
CAMPAIGN FINANCE BOARD IN AN AMOUNT NOT TO EXCEED FIVE THOUSAND DOLLARS.
  2.  ANY  PERSON  OR  AUTHORIZED  COMMITTEE WHO KNOWINGLY AND WILLFULLY
VIOLATES ANY OTHER PROVISION OF THIS TITLE OR ANY RULE PROMULGATED HERE-

S. 7506                            21

UNDER SHALL BE SUBJECT TO A FINE TO BE IMPOSED BY THE  CAMPAIGN  FINANCE
BOARD IN AN AMOUNT NOT TO EXCEED TEN THOUSAND DOLLARS.
  3. FINES AUTHORIZED UNDER THIS SECTION WILL BE IMPOSED BY THE CAMPAIGN
FINANCE  BOARD AFTER A HEARING AT WHICH THE SUBJECT PERSON OR AUTHORIZED
COMMITTEE SHALL BE GIVEN AN OPPORTUNITY TO BE HEARD. SUCH HEARING  SHALL
BE  HELD IN SUCH MANNER AND UPON SUCH NOTICE AS MAY BE PRESCRIBED BY THE
RULES OF THE CAMPAIGN FINANCE BOARD. FOR  PURPOSES  OF  CONDUCTING  SUCH
HEARINGS,  THE  CAMPAIGN  FINANCE  BOARD SHALL BE DEEMED TO BE AN AGENCY
WITHIN THE MEANING OF ARTICLE THREE OF THE STATE  ADMINISTRATIVE  PROCE-
DURE  ACT  AND  SHALL  ADOPT RULES GOVERNING THE CONDUCT OF ADJUDICATORY
PROCEEDINGS AND APPEALS TAKEN PURSUANT TO A PROCEEDING  COMMENCED  UNDER
ARTICLE  SEVENTY-EIGHT  OF  THE CIVIL PRACTICE LAW AND RULES RELATING TO
THE ASSESSMENT OF THE FINES HEREIN AUTHORIZED.
  4. THE CAMPAIGN FINANCE BOARD SHALL PUBLISH  ON  THE  STATE  BOARD  OF
ELECTIONS'  WEBSITE  THE  FINAL  ORDER  ADJUDICATING  ANY MATTER BROUGHT
PURSUANT TO THIS SECTION.
  5. ANY FINES IMPOSED BY THE CAMPAIGN FINANCE BOARD  PURSUANT  TO  THIS
SECTION  SHALL  BE  DEPOSITED  INTO  THE NEW YORK STATE CAMPAIGN FINANCE
FUND.
  S 14-222. CRIMINAL PENALTIES. 1. ANY PERSON WHO KNOWINGLY AND WILLFUL-
LY FAILS TO MAKE A FILING REQUIRED BY THE PROVISIONS OF THIS TITLE WITH-
IN TEN DAYS AFTER THE DATE PROVIDED FOR SUCH, OR ANYONE  THAT  KNOWINGLY
AND WILLFULLY VIOLATES ANY OTHER PROVISION OF THIS TITLE SHALL BE GUILTY
OF  A  MISDEMEANOR  AND,  IN  ADDITION TO SUCH OTHER PENALTIES AS MAY BE
PROVIDED BY LAW, SHALL BE SUBJECT TO A FINE NOT TO EXCEED THE AMOUNT  OF
TEN THOUSAND DOLLARS.
  2. ANY PERSON WHO KNOWINGLY AND WILLFULLY CONTRIBUTES, ACCEPTS OR AIDS
OR  PARTICIPATES  IN THE CONTRIBUTION OR ACCEPTANCE OF A CONTRIBUTION IN
AN AMOUNT EXCEEDING AN APPLICABLE  MAXIMUM  SPECIFIED  IN  THIS  ARTICLE
SHALL  BE  GUILTY OF A MISDEMEANOR AND SHALL BE SUBJECT TO A FINE NOT TO
EXCEED THE AMOUNT OF TEN THOUSAND DOLLARS.
  3. ANY PERSON WHO KNOWINGLY MAKES A FALSE STATEMENT OR KNOWINGLY OMITS
A MATERIAL FACT TO THE CAMPAIGN FINANCE BOARD OR AN  AUDITOR  DESIGNATED
BY  THE  CAMPAIGN  FINANCE  BOARD DURING ANY AUDIT CONDUCTED PURSUANT TO
SECTION 14-218 OF THIS TITLE SHALL BE GUILTY OF A CLASS E FELONY.
  4. IN ADDITION ANY OTHER SENTENCE LAWFULLY IMPOSED UPON A  FINDING  OF
GUILT  IN A CRIMINAL PROSECUTION COMMENCED PURSUANT TO THE PROVISIONS OF
THIS SECTION, THE COURT MAY ORDER A DEFENDANT TO REPAY TO  THE  CAMPAIGN
FINANCE  BOARD  ANY  MATCHING FUNDS OBTAINED AS A RESULT OF ANY CRIMINAL
CONDUCT.
  5. ALL SUCH PROSECUTIONS FOR CRIMINAL ACTS UNDER THIS ARTICLE SHALL BE
PROSECUTED BY THE ATTORNEY GENERAL.
  6. ANY AND ALL FINES IMPOSED PURSUANT TO THIS SECTION  SHALL  BE  MADE
PAYABLE  TO  THE  CAMPAIGN  FINANCE  BOARD FOR DEPOSIT INTO THE NEW YORK
STATE CAMPAIGN FINANCE FUND.
  S 14-224. REPORTS. THE CAMPAIGN FINANCE BOARD SHALL SUBMIT A REPORT TO
THE GOVERNOR AND LEGISLATIVE LEADERS ON OR BEFORE  FEBRUARY  FIRST,  TWO
THOUSAND NINETEEN, AND EVERY TWO YEARS THEREAFTER, WHICH SHALL INCLUDE:
  1.  A  LIST  OF  THE  PARTICIPATING AND NONPARTICIPATING CANDIDATES IN
COVERED ELECTIONS AND THE VOTES RECEIVED  BY  EACH  CANDIDATE  IN  THOSE
ELECTIONS;
  2.  THE  AMOUNT  OF CONTRIBUTIONS AND LOANS RECEIVED, AND EXPENDITURES
MADE, ON BEHALF OF PARTICIPATING AND NONPARTICIPATING CANDIDATES;
  3. THE AMOUNT OF MATCHING FUNDS EACH PARTICIPATING CANDIDATE RECEIVED,
SPENT AND REPAID PURSUANT TO THIS ARTICLE;

S. 7506                            22

  4. ANALYSIS OF THE EFFECT OF THIS TITLE ON THE ELECTION  CAMPAIGN  FOR
THE  OFFICES OF GOVERNOR, LIEUTENANT GOVERNOR, STATE COMPTROLLER, ATTOR-
NEY GENERAL, MEMBER OF THE ASSEMBLY, STATE SENATOR  AND  DELEGATE  TO  A
CONSTITUTIONAL  CONVENTION,  INCLUDING  ITS  EFFECT  ON  THE SOURCES AND
AMOUNTS  OF PRIVATE FINANCING, THE LEVEL OF CAMPAIGN EXPENDITURES, VOTER
PARTICIPATION, THE NUMBER OF CANDIDATES, THE  CANDIDATES'  ABILITIES  TO
CAMPAIGN  EFFECTIVELY FOR PUBLIC OFFICE, AND THE DIVERSITY OF CANDIDATES
SEEKING AND ELECTED TO OFFICE;
  5. RECOMMENDATIONS FOR CHANGES OR AMENDMENTS TO THIS TITLE,  INCLUDING
CHANGES IN CONTRIBUTION LIMITS, THRESHOLDS FOR ELIGIBILITY AND LIMITS ON
TOTAL MATCHING FUNDS; AND
  6.  ANY  OTHER INFORMATION THAT THE CAMPAIGN FINANCE BOARD DEEMS RELE-
VANT.
  S 14-226. DEBATES. THE CAMPAIGN FINANCE BOARD SHALL  PROMULGATE  REGU-
LATIONS  TO  FACILITATE  DEBATES AMONG PARTICIPATING CANDIDATES. PARTIC-
IPATING CANDIDATES ARE REQUIRED TO PARTICIPATE IN AT  LEAST  ONE  DEBATE
BEFORE THE PRIMARY ELECTION AND IN AT LEAST ONE DEBATE BEFORE THE GENER-
AL  ELECTION  FOR  WHICH THE CANDIDATE RECEIVES PUBLIC FUNDS, UNLESS THE
PARTICIPATING CANDIDATE IS RUNNING UNOPPOSED. A NONPARTICIPATING  CANDI-
DATE MAY BE A PARTY TO SUCH DEBATES.
  S  14-228.  DISTRIBUTIONS  FROM CAMPAIGN FINANCE FUND. 1. THIS SECTION
GOVERNS THE CAMPAIGN FINANCE BOARD'S  DISTRIBUTION  OF  FUNDS  FROM  THE
CAMPAIGN  FINANCE FUND ESTABLISHED BY SECTION NINETY-NINE-Z OF THE STATE
FINANCE LAW, EXCEPT AS OTHERWISE PROVIDED IN THIS TITLE.
  2. NO MONEYS SHALL BE PAID TO ANY PARTICIPATING CANDIDATE WHO HAS BEEN
DISQUALIFIED  BY  THE  CAMPAIGN  FINANCE  BOARD  OR  WHOSE   DESIGNATING
PETITIONS  HAVE BEEN DECLARED INVALID BY THE STATE BOARD OF ELECTIONS OR
A COURT OF COMPETENT JURISDICTION  UNTIL  AND  UNLESS  SUCH  FINDING  IS
REVERSED BY AN APPELLATE COURT.
  3.  NO  PAYMENT FROM THE FUND IN THE POSSESSION OF SUCH A CANDIDATE OR
SUCH A CANDIDATE'S AUTHORIZED COMMITTEE ON THE DATE  OF  SUCH  DISQUALI-
FICATION  OR  INVALIDATION  MAY  THEREAFTER  BE EXPENDED FOR ANY PURPOSE
EXCEPT THE PAYMENT OF LIABILITIES INCURRED BEFORE THAT DATE.  ALL EXCESS
MATCHING MONEYS PAID TO A DISQUALIFIED CANDIDATE SHALL  BE  RETURNED  TO
THE  FUND NOT LESS THAN THIRTY DAYS AFTER THE GENERAL ELECTION FOR THOSE
PARTICIPATING CANDIDATES WHO RECEIVED MATCHING MONEYS  FOR  THE  GENERAL
ELECTION,  AND  OTHERWISE,  NOT  LESS THAN THIRTY DAYS AFTER THE PRIMARY
ELECTION FOR THOSE PARTICIPATING CANDIDATES WHO RECEIVED MATCHING MONEYS
SOLELY FOR THE PRIMARY ELECTION.
  4. (A) PARTICIPATING CANDIDATES SHALL  PAY  TO  THE  CAMPAIGN  FINANCE
BOARD  UNSPENT  MATCHING  CAMPAIGN FUNDS FROM AN ELECTION NOT LATER THAN
THIRTY DAYS AFTER ALL LIABILITIES FOR THE ELECTION HAVE BEEN  PAID  AND,
IN  ANY  EVENT,  NOT LESS THAN TWENTY DAYS AFTER THE DATE UPON WHICH THE
CAMPAIGN FINANCE BOARD ISSUES ITS FINAL AUDIT REPORT FOR THE PARTICIPAT-
ING CANDIDATE'S COMMITTEE; PROVIDED, HOWEVER, THAT ALL UNSPENT  MATCHING
CAMPAIGN  FUNDS  FOR  A PARTICIPATING CANDIDATE SHALL BE IMMEDIATELY DUE
AND PAYABLE TO THE CAMPAIGN FINANCE BOARD UPON  ITS  DETERMINATION  THAT
THE PARTICIPATING CANDIDATE HAS, WITHOUT JUST CAUSE, DELAYED THE POST-E-
LECTION  AUDIT  PROCESS.  UNSPENT MATCHING CAMPAIGN FUNDS DETERMINATIONS
MADE BY THE CAMPAIGN FINANCE BOARD SHALL BE BASED ON  THE  PARTICIPATING
CANDIDATE  COMMITTEE'S  RECEIPTS  AND EXPENDITURES. THE CAMPAIGN FINANCE
BOARD MAY ALSO CONSIDER ANY OTHER RELEVANT INFORMATION REVEALED  IN  THE
COURSE  OF  ITS  AUDITS  OR  INVESTIGATIONS OR THE INVESTIGATIONS BY ANY
OTHER AGENCY.
  (B) (I) A PARTICIPATING CANDIDATE MAY NOT USE RECEIPTS FOR ANY PURPOSE
OTHER THAN DISBURSEMENTS IN THE PRECEDING  ELECTION  UNTIL  ALL  UNSPENT

S. 7506                            23

MATCHING  CAMPAIGN  FUNDS  HAVE  BEEN  REPAID. A PARTICIPATING CANDIDATE
SHALL HAVE THE BURDEN OF DEMONSTRATING THAT A POST-ELECTION  EXPENDITURE
IS FOR THE PRECEDING ELECTION.
  (II)  BEFORE REPAYING UNSPENT MATCHING CAMPAIGN FUNDS, A PARTICIPATING
CANDIDATE MAY MAKE POST-ELECTION EXPENDITURES ONLY  FOR  ROUTINE  ACTIV-
ITIES  INVOLVING NOMINAL COSTS ASSOCIATED WITH WINDING UP A CAMPAIGN AND
RESPONDING TO THE POST-ELECTION AUDIT. SUCH  EXPENDITURES  MAY  INCLUDE:
PAYMENT  OF  UTILITY  BILLS  AND  RENT;  REASONABLE  STAFF  SALARIES AND
CONSULTANT FEES FOR RESPONDING  TO  A  POST-ELECTION  AUDIT;  REASONABLE
MOVING  EXPENSES  RELATED  TO  CLOSING A CAMPAIGN OFFICE; A HOLIDAY CARD
MAILING TO CONTRIBUTORS, CAMPAIGN VOLUNTEERS, AND STAFF  MEMBERS;  THANK
YOU  NOTES  FOR  CONTRIBUTORS,  CAMPAIGN  VOLUNTEERS, AND STAFF MEMBERS;
PAYMENT OF TAXES AND  OTHER  REASONABLE  EXPENSES  FOR  COMPLIANCE  WITH
APPLICABLE  TAX  LAWS;  AND  INTEREST  EXPENSES.  ROUTINE  POST-ELECTION
EXPENDITURES THAT MAY BE PAID FOR WITH UNSPENT MATCHING  CAMPAIGN  FUNDS
DO  NOT  INCLUDE  SUCH  ITEMS  AS  POST-ELECTION  MAILINGS OTHER THAN AS
SPECIFICALLY PROVIDED FOR IN THIS SUBPARAGRAPH; MAKING CONTRIBUTIONS; OR
HOLDING ANY POST-ELECTION DAY EVENT, INCLUDING, BUT NOT LIMITED TO,  ANY
MEAL OR ANY PARTY. UNSPENT CAMPAIGN FUNDS MAY NOT BE USED FOR TRANSITION
OR INAUGURATION ACTIVITIES.
  5.  ALL MONIES RECEIVED BY THE CAMPAIGN FINANCE BOARD PURSUANT TO THIS
SECTION SHALL BE DEPOSITED INTO THE NEW YORK STATE CAMPAIGN FINANCE FUND
PURSUANT TO SECTION NINETY-NINE-Z OF THE STATE FINANCE LAW.
  S 15. The election law is amended by adding a new  section  16-103  to
read as follows:
  S  16-103.  PROCEEDINGS  AS TO MATCHING FUNDS. 1. THE DETERMINATION OF
ELIGIBILITY PURSUANT TO SECTION 14-208 OF THIS CHAPTER AND ANY  QUESTION
OR ISSUE RELATING TO PAYMENTS FOR QUALIFIED CAMPAIGN EXPENDITURES PURSU-
ANT  TO  SECTION 14-212 OF THIS CHAPTER MAY BE CONTESTED IN A PROCEEDING
INSTITUTED IN THE SUPREME COURT, ALBANY COUNTY, BY ANY AGGRIEVED  CANDI-
DATE.
  2. A PROCEEDING WITH RESPECT TO SUCH A DETERMINATION OF ELIGIBILITY OR
PAYMENT  FOR  QUALIFIED CAMPAIGN EXPENDITURES PURSUANT TO SECTION 14-212
OF THIS CHAPTER SHALL BE INSTITUTED WITHIN SEVEN DAYS AFTER SUCH  DETER-
MINATION  WAS  MADE. THE CAMPAIGN FINANCE BOARD SHALL BE MADE A PARTY TO
ANY SUCH PROCEEDING.
  3. UPON THE CAMPAIGN FINANCE BOARD'S FAILURE TO RECEIVE THE AMOUNT DUE
FROM A PARTICIPATING CANDIDATE OR SUCH CANDIDATE'S COMMITTEE  AFTER  THE
ISSUANCE  OF  WRITTEN NOTICE OF SUCH AMOUNT DUE, AS REQUIRED BY SUBDIVI-
SION FOUR OF SECTION 14-218 OF THIS CHAPTER, SUCH BOARD IS AUTHORIZED TO
INSTITUTE A SPECIAL PROCEEDING OR CIVIL ACTION IN SUPREME COURT,  ALBANY
COUNTY, TO OBTAIN A JUDGMENT FOR ANY AMOUNTS DETERMINED TO BE PAYABLE TO
THE  CAMPAIGN FINANCE BOARD AS A RESULT OF AN EXAMINATION AND AUDIT MADE
PURSUANT TO TITLE TWO OF ARTICLE FOURTEEN OF THIS CHAPTER.
  4. THE CAMPAIGN FINANCE BOARD IS AUTHORIZED  TO  INSTITUTE  A  SPECIAL
PROCEEDING  OR CIVIL ACTION IN SUPREME COURT, ALBANY COUNTY, TO OBTAIN A
JUDGMENT FOR CIVIL PENALTIES  DETERMINED  TO  BE  PAYABLE  TO  THE  FAIR
ELECTIONS BOARD PURSUANT TO SECTION 14-218 OF THIS CHAPTER.
  S  16.  The  general  business  law is amended by adding a new section
359-gg to read as follows:
  S 359-GG. ADDITIONAL SURCHARGE. IN ADDITION TO ANY PENALTY  AUTHORIZED
BY  SECTION THREE HUNDRED FIFTY-NINE-G OF THIS ARTICLE OR ANY DAMAGES OR
OTHER COMPENSATION  RECOVERABLE  INCLUDING,  BUT  NOT  LIMITED  TO,  ANY
SETTLEMENT  AUTHORIZED  BY  SECTION  SIXTY-THREE OR SIXTY-THREE-C OF THE
EXECUTIVE LAW, THERE SHALL BE ASSESSED THEREON AN  ADDITIONAL  SURCHARGE
IN  THE  AMOUNT  OF  TEN  PERCENT  OF  THE TOTAL AMOUNT OF SUCH PENALTY,

S. 7506                            24

DAMAGES OR SETTLEMENT. SUCH SURCHARGE SHALL BE DEPOSITED IN THE NEW YORK
STATE CAMPAIGN FINANCE FUND ESTABLISHED BY SECTION NINETY-NINE-Z OF  THE
STATE FINANCE LAW.
  S 17. The state finance law is amended by adding a new section 99-z to
read as follows:
  S  99-Z.  NEW  YORK  STATE  CAMPAIGN  FINANCE FUND. 1. THERE IS HEREBY
ESTABLISHED IN THE JOINT CUSTODY OF THE  COMMISSIONER  OF  TAXATION  AND
FINANCE AND THE STATE COMPTROLLER A SPECIAL FUND TO BE KNOWN AS THE "NEW
YORK STATE CAMPAIGN FINANCE FUND".
  2. SUCH FUND SHALL CONSIST OF ALL REVENUES RECEIVED FROM THE SURCHARGE
IMPOSED  PURSUANT  TO SECTION THREE HUNDRED FIFTY-NINE-GG OF THE GENERAL
BUSINESS LAW, REVENUES RECEIVED FROM  CAMPAIGN  FINANCE  FUND  CHECK-OFF
PURSUANT  TO  SECTION SIX HUNDRED THIRTY-E OF THE TAX LAW, REVENUES FROM
THE ABANDONED PROPERTY FUND PURSUANT  TO  SECTION  NINETY-FIVE  OF  THIS
ARTICLE,  AND  ALL OTHER MONEYS CREDITED OR TRANSFERRED THERETO FROM ANY
OTHER FUND OR SOURCE PURSUANT TO LAW. NOTHING CONTAINED IN THIS  SECTION
SHALL PREVENT THE STATE FROM RECEIVING GRANTS, GIFTS, BEQUESTS OR VOLUN-
TARY  CONTRIBUTIONS  FOR  THE  PURPOSES  OF  THE FUND AS DEFINED IN THIS
SECTION AND DEPOSITING THEM INTO THE FUND ACCORDING TO LAW.   MONIES  IN
THE FUND SHALL BE KEPT SEPARATE FROM AND NOT COMMINGLED WITH OTHER FUNDS
HELD  IN  THE  JOINT CUSTODY OF THE COMMISSIONER OF TAXATION AND FINANCE
AND THE STATE COMPTROLLER.
  3. MONEYS OF THE FUND, FOLLOWING APPROPRIATION BY THE LEGISLATURE, MAY
BE EXPENDED FOR THE PURPOSES OF MAKING PAYMENTS TO  CANDIDATES  PURSUANT
TO  TITLE  TWO  OF ARTICLE FOURTEEN OF THE ELECTION LAW. MONEYS SHALL BE
PAID OUT OF THE FUND BY THE STATE COMPTROLLER ON VOUCHERS  CERTIFIED  OR
APPROVED BY THE CAMPAIGN FINANCE BOARD ESTABLISHED PURSUANT TO TITLE TWO
OF  ARTICLE  FOURTEEN OF THE ELECTION LAW, OR THE DULY DESIGNATED REPRE-
SENTATIVE OF SUCH BOARD, IN THE MANNER PRESCRIBED BY LAW, NOT MORE  THAN
ONE WORKING DAY AFTER A VOUCHER DULY CERTIFIED, APPROVED AND EXECUTED BY
SUCH  BOARD  OR  ITS  REPRESENTATIVE IN THE FORM PRESCRIBED BY THE STATE
COMPTROLLER IS RECEIVED BY THE STATE COMPTROLLER.
  S 18. The tax law is amended by adding a new section 630-e to read  as
follows:
  S 630-E. CONTRIBUTION TO NEW YORK STATE CAMPAIGN FINANCE FUND.  EFFEC-
TIVE  FOR  ANY  TAXABLE  YEAR  COMMENCING  ON  OR  AFTER  JANUARY FIRST,
TWO-THOUSAND SEVENTEEN, AN INDIVIDUAL IN ANY TAXABLE YEAR MAY  ELECT  TO
CONTRIBUTE  TO  THE  NEW YORK STATE CAMPAIGN FINANCE FUND. SUCH CONTRIB-
UTION SHALL BE IN THE AMOUNT OF FIVE DOLLARS AND SHALL  NOT  REDUCE  THE
AMOUNT  OF  STATE  TAX  OWED  BY SUCH INDIVIDUAL. THE COMMISSIONER SHALL
INCLUDE SPACE ON THE PERSONAL INCOME TAX RETURN TO ENABLE A TAXPAYER  TO
MAKE  SUCH CONTRIBUTION. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, ALL
REVENUES COLLECTED PURSUANT TO THIS SECTION SHALL BE CREDITED TO THE NEW
YORK STATE CAMPAIGN FINANCE  FUND  AND  USED  ONLY  FOR  THOSE  PURPOSES
ENUMERATED IN SECTION NINETY-NINE-Z OF THE STATE FINANCE LAW.
  S  19.  Section 95 of the state finance law is amended by adding a new
subdivision 5 to read as follows:
  5. NOTWITHSTANDING ANY  PROVISION  OF  THIS  SECTION  AUTHORIZING  THE
TRANSFER  OF  ANY  MONEYS  IN THE ABANDONED PROPERTY FUND TO THE GENERAL
FUND, IN JANUARY OF EACH YEAR IN WHICH A STATE GENERAL ELECTION IS TO BE
HELD PURSUANT TO LAW, OR AT LEAST SIX WEEKS PRIOR TO ANY  STATE  SPECIAL
ELECTION,  THE  COMPTROLLER, UPON WARRANT OR VOUCHER BY THE CHAIR OF THE
CAMPAIGN FINANCE BOARD OR HIS  OR  HER  DULY  APPOINTED  REPRESENTATIVE,
SHALL  TRANSFER  MONEYS OF THE ABANDONED PROPERTY FUND INTO THE CAMPAIGN
FINANCE FUND PURSUANT TO SECTION NINETY-NINE-Z OF THIS ARTICLE. ON MARCH
THIRTY-FIRST OF THE YEAR FOLLOWING  SUCH  GENERAL  ELECTION  YEAR,  SUCH

S. 7506                            25

CHAIR  SHALL  TRANSFER  TO  THE  GENERAL  FUND ANY SURPLUS MONEYS OF THE
CAMPAIGN FINANCE FUND AS OF SUCH DATE.
  S  20.  Severability. If any clause, sentence, subdivision, paragraph,
section or part of this act be adjudged by any court of competent juris-
diction to be invalid, such judgment shall not affect, impair or invali-
date the remainder thereof, but shall be confined in  its  operation  to
the  clause,  sentence,  subdivision, paragraph, section or part thereof
directly involved in the controversy in which such judgment  shall  have
been rendered.
  S  21.  This act shall take effect January 1, 2017; provided, however,
that all candidates will be eligible  to  participate  in  the  optional
campaign finance system beginning with the 2018 general election.