US Laws, Codes, Statutes & Cases

 
    §  3-801.  Transition  and  inauguration  donations  and  expenses. 1.
  Candidates elected to the office of mayor, public advocate, comptroller,
  borough president, or member of the city council may  authorize  one  or
  more  entities,  other  than  a  political committee, for the purpose of
  accepting  donations  and  loans,  and  for  making  expenditures,   for
  transition or inauguration into office. Such donations and loans may not
  be  accepted  and  such  expenditures  may  not be made on behalf of the
  candidate prior to the registration with the campaign finance  board  of
  each  such  entity. The campaign finance board shall promulgate rules to
  establish the time and manner for such registration.
    2. Candidates  elected  to  the  office  of  mayor,  public  advocate,
  comptroller,  borough  president, or member of the city council, and the
  entities they authorize pursuant to subdivision  one  of  this  section,
  shall:
    (a)  not use funds accepted by a political committee authorized by the
  candidate for any  election  to  make  expenditures  for  transition  or
  inauguration  into office, and shall not transfer funds from a political
  committee to an entity the candidate is required to register pursuant to
  subdivision one of this section;
    (b) not accept any donation or donations of money, goods, or  services
  from  any  individual,  corporation,  partnership,  political committee,
  employee organization, or entity which in the aggregate exceeds:
    (i) four thousand five hundred dollars, in the  case  of  a  candidate
  elected to the office of mayor, public advocate, or comptroller;
    (ii)  three  thousand five hundred dollars, in the case of a candidate
  elected to the office of borough president; or
    (iii) two thousand five hundred dollars, in the case  of  a  candidate
  elected to the office of member of the city council; and
    (c)  not  incur any liabilities after January thirty-first in the year
  following the election, nor accept any donations after  all  liabilities
  are paid.
    3. Donations that do not exceed the limitations set forth in paragraph
  (b) of subdivision 2 of this section may be accepted only from political
  committees  that  register  with the campaign finance board, as shall be
  provided for in rules issued by such board. Any donation accepted from a
  political committee that has not registered  with  the  board  prior  to
  making  the  donation  must  be  returned  to  the  political committee.
  However, a  subsequent  donation  may  be  accepted  if  such  political
  committee  registers  with the board in accordance with the rules issued
  by the board.
    4.  To  the  extent  not  repaid  by  the  date  of  the   candidate's
  inauguration into office, a loan received by such entity shall be deemed
  a donation subject to the limits and restrictions set forth in paragraph
  (b) of subdivision 2 and subdivision 3 of this section.
    5.  (a) Each transition and inauguration entity authorized pursuant to
  subdivision one of this section shall report  to  the  campaign  finance
  board  every  donation  of money, goods, or services, and every loan, it
  receives, the full name, residential address, occupation, employer,  and
  business address of each individual, corporation, partnership, political
  committee,  employee  organization  or other entity making or serving as
  the intermediary for such donation or loan,  and  every  expenditure  it
  makes.
    (b)  Donations  aggregating not more than ninety-nine dollars from any
  one  donor  need  not  be  separately  itemized  in  disclosure  reports
  submitted  to  the  campaign finance board. The treasurer of such entity
  need not collect or  disclose  the  occupation,  employer,  or  business
  address  of  any  donor  making  donations  aggregating  not  more  than
  ninety-nine dollars.

    (c) Disclosure reports shall be submitted at such times  and  in  such
  form  as  the  campaign finance board shall require and shall be clearly
  legible. The campaign finance board shall make available to the public a
  copy of these disclosure reports within two business days after they are
  accepted by the campaign finance board.
    6.  The  final  disclosure  report  submitted by such entity shall set
  forth the disposition of any funds remaining after all  liabilities  are
  paid, after which the entity shall be terminated. If an entity has funds
  remaining  after  all  liabilities have been paid, it shall return those
  funds  to  one  or  more  of  the  entity's  donors,  or  if   that   is
  impracticable, to the New York city election campaign finance fund.
    7.  Entities  required to be registered pursuant to subdivision one of
  this section  shall  not  incur  liabilities  for  purposes  other  than
  transition or inauguration into office.
    8.  This  section shall apply to every candidate elected to the office
  of mayor, public advocate, comptroller, borough president, or member  of
  the  city  council,  regardless  whether  such candidate filed a written
  certification pursuant to section 3-703 of this code.
    9.  For  purposes  of  this  chapter,  the  terms  "intermediary"  and
  "political  committee"  shall  have  such  meanings  as are set forth in
  section 3-702 of this code.
    10. Notwithstanding any restriction in this section, a  candidate  may
  self-fund his or her own entity.