The small campaign exemption limit is currently set by Campaign Finance Board rule. This bill would instead set that limit at $3,000.
Int. No. 775
By Council Members Powers, Holden, Levine, Brannan and Yeger
A Local Law to amend the administrative code of the city of New York, in relation to the small campaign exemption limit
Be it enacted by the Council as follows:
Section 1. Section 3-702 of the administrative code of the city of New York is amended to add a new subdivision 23, to read as follows:
23. The term “small campaign” shall mean a campaign where neither the expected total cumulative contributions nor the expected total cumulative expenditures of a candidate, including expenditures made with the candidate’s personal funds, exceeds $3,000.
§ 2. Subdivision 6-a of section 3-703 of the administrative code of the city of New York is amended to read as follows:
6-a. Any rules promulgated by the board to require that disclosure reports submitted pursuant to this chapter be submitted in an electronic format shall provide exemptions for small campaigns, [as defined by board rules,] and for other campaigns that demonstrate that submission in an electronic format would pose a substantial hardship.
§ 3. This local law takes effect 120 days after becoming law, except that the campaign finance board may take such actions as are necessary for its implementation, including the promulgation of rules, prior to such effective date.