September 9, 2011 •
New York City Campaign Finance Board Proposes Independent Expenditure Reporting Rules
On September 8, 2011 New York City’s Campaign Finance Board proposed new rules requiring the reporting of certain independent expenditures.
The proposed reporting rules would cover expenditures that are for the design, production, or distribution of public communications, that are either express advocacy made at any time in an election cycle or an electioneering communication made within 90 days of an election, and that, when combined with all other expenditures made by the independent spender in support of or in opposition to that candidate or proposal, exceed $1,000.
Generally, in non-election years reports would be due semi-annually and in election years eight reports would be required, with expenditures required to be reported within 24 hours during the two weeks before the election.
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