N.Y. Election Law § 14-102: Statements of campaign receipts, contributions, transfers and expenditures to and by political committees

§ 14-102. Statements of campaign receipts, contributions, transfers

and expenditures to and by political committees. 1. The treasurer of

every political committee which, or any officer, member or agent of any

such committee who, in connection with any election, receives or expends

any money or other valuable thing or incurs any liability to pay money

or its equivalent shall file statements sworn, or subscribed and bearing

a form notice that false statements made therein are punishable as a

class A misdemeanor pursuant to section 210.45 of the penal law, at the

times prescribed by this article setting forth all the receipts,

contributions to and the expenditures by and liabilities of the

committee, and of its officers, members and agents in its behalf. Such

statements shall include the dollar amount of any receipt, contribution

or transfer, or the fair market value of any receipt, contribution or

transfer, which is other than of money, the name and address of the

transferor, contributor or person from whom received, and if the

transferor, contributor or person is a political committee; the name of

and the political unit represented by the committee, the date of its

receipt, the dollar amount of every expenditure, the name and address of

the person to whom it was made or the name of and the political unit

represented by the committee to which it was made and the date thereof,

and shall state clearly the purpose of such expenditure. Any statement

reporting a loan shall have attached to it a copy of the evidence of

indebtedness. Expenditures in sums under fifty dollars need not be

specifically accounted for by separate items in said statements, and

receipts and contributions aggregating not more than ninety-nine

dollars, from any one contributor need not be specifically accounted for

by separate items in said statements, provided however, that such

expenditures, receipts and contributions shall be subject to the other

provisions of section 14-118 of this article.

2. Notwithstanding the provisions of subdivision one hereof, if the

expenditures made and liabilities incurred in any calendar year by any

political committee for the purpose of aiding or promoting the success

or defeat of one or more ballot proposals are less than five thousand

dollars and less than fifty percent of all the expenditures made and

liabilities incurred by such committee in such year, then such committee

shall be required to report only those contributions which are made to

such committee exclusively for the purpose of aiding or promoting the

success or defeat of such proposal or proposals, but such committee

shall be required to report all expenditures made and liabilities

incurred for such purposes. Nothing contained in this subdivision shall

be construed to relieve any political committee aiding or promoting the

success or defeat of a candidate from any of the reporting requirements

imposed by this article.

3. The state board of elections shall promulgate regulations with

respect to the accounting methods to be applied in preparing the

statements required by the provisions of this article and shall provide

forms suitable for such statements.

4. Any committee which is required to file statements with any board

of elections pursuant to this article shall file all such statements

pursuant to the electronic reporting system prescribed by the state

board of elections as set forth in subdivision nine-A of section 3-102

of this chapter. Notwithstanding the provisions of this subdivision,

upon the filing of a sworn statement by the treasurer of a political

committee which states that such political committee does not have

access to the technology necessary to comply with the electronic filing

requirements of subdivision nine-A of section 3-102 of this chapter and

that filing by such means would constitute a substantial hardship for

such political committee, the state board of elections may issue an

exemption from the electronic filing requirements of this article.