Regulates political contribution activities by intermediaries; requires disclosure of certain identifying information when certain contributions are made by an intermediary to a candidate or a committee.
Summary
Bill A01757, known as the "Campaign Finance Intermediary Disclosure Act," aims to enhance transparency in political contributions by regulating the activities of intermediaries involved in the delivery and solicitation of contributions to candidates and political committees. It defines an intermediary and outlines their responsibilities, including the requirement to report specific information about contributions they handle. The bill mandates that intermediaries provide details such as the contributor's name, address, and the amount of the contribution, which must be reported to the recipient candidate or committee.
Impact
If enacted, this bill will amend the New York election law to impose new reporting requirements on intermediaries, thereby increasing accountability in political financing. The changes will affect candidates, authorized committees, and party committees by requiring them to disclose information about intermediaries who deliver or solicit contributions exceeding $500. This legislation aims to ensure that contributions are transparently tracked and reported, potentially impacting campaign financing dynamics in New York.
Sentiment
The sentiment surrounding Bill A01757 appears to be focused on the need for greater transparency in campaign financing, with support from those advocating for stricter regulations on political contributions. However, there may be concerns from some political entities regarding the administrative burden imposed by the new reporting requirements and the potential impact on fundraising efforts.
Contention
Notable points of contention may arise from political committees and candidates who fear that the increased regulatory burden could hinder their fundraising capabilities. Additionally, there may be debates about the definition of intermediaries and the implications of their reporting requirements, particularly regarding privacy and the potential chilling effect on contributions from individuals who prefer to remain anonymous.
Same As
Regulates political contribution activities by intermediaries; requires disclosure of certain identifying information when certain contributions are made by an intermediary to a candidate or a committee.
Regulates political contribution activities by intermediaries; requires disclosure of certain identifying information when certain contributions are made by an intermediary to a candidate or a committee.
Regulates political contribution activities by intermediaries; requires disclosure of certain identifying information when certain contributions are made by an intermediary to a candidate or a committee.
Regulates political contribution activities by intermediaries; requires disclosure of certain identifying information when certain contributions are made by an intermediary to a candidate or a committee.
Regulates political contribution activities by intermediaries; requires that when contributions made by an intermediary to a candidate or a committee are over $1,000, the name, occupation and address of each contributor shall be disclosed.
Requires State Investment Council report certain information quarterly; requires council's regulations addressing political contributions apply to federal or national committees and non-State political committees.
Clarifies and strengthens disclosure requirements for certain complimentary tickets received by candidates, officeholders, political party officials, political committees and continuing political committees.
Limiting contributions under the campaign finance act made to political committees for the purpose of independent contributions and requiring the accounting, reporting and auditing of such independent contributions.
Authorizes the "Child Care Contribution Tax Credit Act", the "Employer-Provided Child Care Assistance Tax Credit Act", and the "Child Care Providers Tax Credit", relating to tax credits for child care