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. A revised version of the regulation was discussed and adopted at the Board’s July 9, 2014 meeting. 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.