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N.Y. State Fin. Law § 92-t

New York state campaign finance fund

Showing this section's text as in effect on January 1, 2015 (in force January 1, 2015 – January 1, 2016). View current text →

*§ 92-t. New York state campaign finance fund. 1. There is hereby\nestablished in the joint custody of the state comptroller and the\ncommissioner of taxation and finance a fund to be known as the New York\nstate campaign finance fund.\n 2. Such fund shall consist of all revenues received from the abandoned\nproperty fund pursuant to section ninety-five of this article.\n 3. Moneys of the fund, following appropriation by the legislature, may\nbe expended for the purposes of making payments to candidates pursuant\nto title II of article fourteen of the election law. Moneys shall be\npaid out of the fund upon audit and warrant by the state comptroller on\nvouchers certified or approved by the state board of elections, or its\nduly designated representative, in the manner prescribed by law, not\nmore than four working days after such voucher is audited and approved\nby the state comptroller.\n 4. No matching funds shall be paid to any participating candidates in\na primary election any earlier than thirty days after designating\npetitions, independent nominating petitions, or certificates of\nnomination have been filed and not less than forty-five days before such\nelection.\n 5. No matching funds shall be paid to any participating candidates in\na general election any earlier than the day after the day of the primary\nelection held to nominate candidates for such election.\n 6. No matching funds shall be paid to any participating candidate who\nhas been disqualified or whose designating petitions have been declared\ninvalid by the appropriate board of elections or a court of competent\njurisdiction until and unless such finding is reversed by a higher court\nin a final judgment. No payment from the fund in the possession of such\na candidate or such candidate's participating committee on the date of\nsuch disqualification or invalidation may thereafter be expended for any\npurpose except the payment of liabilities incurred before such date. All\nsuch moneys shall be repaid to the fund.\n * NB Repealed December 31, 2014\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.