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Enactment date: 10/22/1998
Int. No. 344-A
By the Speaker (Council Member Vallone), the Public Advocate (Mr. Green) and Council Members Pinkett, Clarke, Eldridge, Freed, Henry, Koslowitz, Leffler, Michels and Miller; also Council Members O'Donovan, Robinson, Sabini and Spigner.
A Local Law to amend the administrative code of the city of New York in relation to raising matchable contributions for participating candidates in the Campaign Finance program who do not accept corporate contributions and lowering the contribution limits of such program.
Be it enacted by the Council as follows:
* * *
[Consolidated provisions are not included in this Appendix A]
* * *
§ 13. No contribution accepted prior to the effective date of this local law that exceeds, or which when aggregated with any other contribution or contributions exceeds, the contribution limit applicable under paragraph (f) of subdivision 1 of section 3-703 of the administrative code of the city of New York, as amended by section 1 of this local law, shall be retained or used for elections held after such date. Any such excessive contribution shall be returned to the contributor immediately.
§ 14. If any provision of this local law, or any amendments thereto, shall be held invalid or ineffective in whole or in part or inapplicable to any person or situation, each holding shall not affect, impair or invalidate the remainder of this local law, and all other provisions thereof shall nevertheless be separately and fully effective and the application of any such provision to other persons or situations shall not be affected.
§ 15. This local law shall become effective immediately.