A 11676: Prohibits digital currency contributions to candidates or political committees.
<summary> This act amends the New York Election Law to prohibit contributions made using digital currency to candidates or political committees. The legislation defines digital currency as any digital unit used as a medium of exchange or stored value. While the law explicitly excludes digital currency from the definition of a contribution, it establishes a specific prohibition against accepting such currency for political funding. The act requires that any digital currency contributions received before the effective date be returned to the contributor or remitted to the state comptroller within thirty days of the law taking effect. Additionally, the State Board of Elections is authorized to create necessary rules to implement these provisions and must notify all candidates and political committees of the new requirements before the effective date. </summary>
- What is the current status of A 11676?
- As of September 27, 2026, A 11676 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on September 2, 2026, was "referred to election law".
- Did A 11676 pass?
- Not yet. A 11676 has been introduced and has not passed either house.
- Who wrote A 11676, and where is it now?
- A 11676 was authored by Asm. Kalman Yeger. Its committee of record is Assembly Election Law.
| Sep. 02, 2026 | referred to election law |
STATE OF NEW YORK ________________________________________________________________________ 11676 IN ASSEMBLY September 2, 2026 ___________ Introduced by COMMITTEE ON RULES -- (at request of M. of A. Yeger) -- read once and referred to the Committee on Election Law AN ACT to amend the election law, in relation to prohibiting digital currency contributions The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The opening paragraph of subdivision 9 of section 14-100 of 2 the election law, as amended by chapter 70 of the laws of 1983, is 3 amended and a new paragraph (b) is added to read as follows: 4 (a) "contribution" means: 5 (b) "contribution" shall not include digital currency. 6 § 2. Section 14-100 of the election law is amended by adding a new 7 subdivision 18 to read as follows: 8 18. "digital currency" means any type of digital unit that is used as 9 a medium of exchange or a form of digitally stored value. 10 § 3. The election law is amended by adding a new section 14-134 to 11 read as follows: 12 § 14-134. Digital currency contributions. Notwithstanding any other 13 provision of law to the contrary, digital currency contributions to 14 candidates or political committees shall be prohibited. 15 § 4. This act shall take effect on the thirtieth day after it shall 16 have become a law; provided that contributions received prior to the 17 effective date of this act shall within thirty days of such effective 18 date be returned to the contributor, or if impracticable, remitted to 19 the state comptroller. Effective immediately, the state board of 20 elections is authorized to promulgate any rules necessary to implement 21 the provisions of this act and shall notify all candidates and political 22 committees of the applicable provisions of this act on or before such 23 effective date. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD15965-03-6