A 1334: Relates to monies received and expenditures made by a party committee or constituted committee; such monies shall not be transferred or contributed unless it is to the segregated account of another party committee or constituted committee to be used only for non-candidate expenditures.

  
  STATE OF NEW YORK ________________________________________________________________________ 1334 2025-2026 Regular Sessions  IN ASSEMBLY January 9, 2025 ___________ Introduced by M. of A. SIMON, DAVILA -- read once and referred to the Committee on Election Law AN ACT to amend the election law, in relation to monies received and expenditures made by a party committee or constituted committee The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 3 of section 14-124 of the election law, as 2 amended by section 1 of part B of chapter 286 of the laws of 2016, is 3 amended to read as follows: 4 3. The contribution and receipt limits of this article shall not apply 5 to monies received and expenditures made by a party committee or consti- 6 tuted committee to maintain a permanent headquarters and staff and carry 7 on ordinary activities which are not for the express purpose of promot- 8 ing or opposing the candidacy of specific candidates; provided that such 9 monies described in this subdivision shall be deposited in a segregated 10 account and shall not be transferred or contributed, unless such trans- 11 fer or contribution is to the segregated account of another party 12 committee or constituted committee to be used only for non-candidate 13 expenditures. Provided, further, that such monies may not be used to pay 14 for any political communication that includes or references the name, 15 likeness or voice of any clearly identified candidate or elected offi- 16 cial. 17 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02753-01-5