Independent Expenditure Reporting
Enacted on March 31, 2014, Article 14 of the Election Law was amended to provide for expanded disclosure of Independent Expenditures. This section of the New York State Board of Elections website will provide updates and information pertaining to the new Independent Expenditure disclosure requirements as it becomes available.
Chapter 55 of the Laws of 2014, Subpart C NYS Election Law, Article 14, Title I, Independent Expenditure Reporting:
Adopted Emergency Regulations
Emergency regulation relative to Independent Expenditure Reporting was discussed and adopted by the Board at its May 22, 2014 meeting. The regulation was discussed at the November 17, 2014 Board meeting and was again adopted on an emergency basis and proposed as a final regulation. The proposed regulation was published on April 22, 2015. The comment period is over and the Board expects to adopt the final regulation. The most recent language for the adopted emergency regulation can be accessed using the link below.
24 Hour and Weekly disclosure of Independent Expenditures
When a contribution or loan over $1,000 is received or an expenditure over $5,000 is made within 30 days of the applicable election, such transaction must be electronically disclosed within 24 hours to the NYSBOE. When a contribution or loan over $1,000 is received or when an expenditure over $5,000 is made, outside of the 30 day - 24 hour disclosure provision, such transaction must be electronically disclosed on a weekly basis, on Friday, to NYSBOE.
All 24 hour and Weekly disclosures must be reported to NYSBOE on the next applicable election cycle or periodic report.