L.L. 1990/069
Enactment date: 11/27/1990
Int. No. 441-A
By Council Member Gerges and the Speaker (Council Member Vallone); also Council Members Albanese, Dryfoos, Eisland, Greitzer and Harrison (Read and referred to the Committee on Governmental Operations) (Amended October 25, 1990) (Ordered reprinted and laid over)
A Local Law to amend the administrative code of the city of New York, in relation to simplifying the requirements of the campaign finance program for city elections
Be it enacted by the Council as follows:
Section 1. Declaration of legislative intent and findings. The council finds that simplifying and clarifying the requirements of the New York City Campaign Finance Act will encourage greater candidate participation in the voluntary system of public financing created thereunder. Under the New York City Charter, approved by the electorate in 1989, the council will expand from thirty-five to fifty-one districts before elections to be held in 1991. Thus, it is especially important at this time to simplify the Act in order to promote participation in the Program by candidates for these seats.
The council intends by means of this local law to reaffirm the goals and strengthen the achievements of the landmark campaign finance legislation it enacted in Local Law No. 8 of 1988: reducing the possibility and the appearance that wealthy special interests exercise corrupt or undue influence over local elected officials; making public funds available to candidates for municipal office who abide by contribution and expenditure limitations and who abide by reasonable requirements for campaign financing disclosure and record-keeping; providing computerized public disclosure of meaningful information about the sources of campaign financing during the course of the election; increasing voter participation and information about candidates in local elections; and enhancing public confidence in local government.
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[Consolidated provisions are not included in this Appendix A]
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§ I 3. This local law shall take effect immediately and shall be applicable to all receipts, expenditures, and public fund claims for elections held on or after January first, nineteen hundred ninety-one, regardless whether the receipt, expenditure, or claim occurred prior to the effective date.