New York Assembly Bill A03092

New York 2025-2026 Regular Session

• Introduced: 1/23/25
• Refer: 1/23/25
• Refer: 1/7/26

Caption

Requires the filing of additional transferor and contributor identification information in campaign receipt and expenditure statements for the receipt of amounts over one hundred dollars, including the full name, full residential address including any suite, floor, or apartment, occupation, employer and employer's full business address in the case of an individual, and the full name and address of any partnership, committee, association, corporation, labor organization or group of persons.

Summary

Bill A03092 seeks to amend New York's election law by requiring political committees to provide additional identification information for contributors and transferors in their campaign finance statements. Specifically, the bill mandates that any contribution or transfer exceeding ninety-nine dollars must include detailed identification, such as the contributor's full name, residential address, occupation, and employer's information. For organizations, the bill requires the full name and business address. This aims to enhance transparency in campaign financing by ensuring that significant contributions are properly documented and traceable.

Impact

If enacted, this bill would significantly alter the reporting requirements for political committees in New York. It would impose stricter identification protocols for contributions over ninety-nine dollars, thereby increasing the accountability of campaign financing. This change could lead to more comprehensive oversight of campaign contributions and expenditures, potentially deterring illicit funding practices and fostering greater public trust in the electoral process.

Sentiment

The general sentiment surrounding Bill A03092 appears to be supportive among proponents of campaign finance reform, who argue that increased transparency is essential for a healthy democracy. However, there may be concerns from some political committees regarding the administrative burden and privacy implications of disclosing detailed personal information about contributors. As of now, there are no recorded votes or formal opposition expressed in committee discussions.

Contention

Notable points of contention may arise from the balance between transparency and privacy. Some political committees and contributors may argue that the requirement for detailed personal information could discourage individuals from contributing to campaigns due to privacy concerns. Conversely, advocates for the bill emphasize the need for transparency in political financing to combat corruption and ensure accountability.