Int 0855-2022

Be it enacted by the Council as follows: Section 1. Subparagraphs (b) and (c) of paragraph 15 of subdivision a of section 1052 of the New York city charter, as amended by local law number 41 for the year 2014, are amended to read as follows: (b) Every individual and entity that makes independent expenditures aggregating one thousand dollars or more in support of or in opposition to any candidate [in any covered election], or in support of or in opposition to any municipal ballot proposal or referendum, shall be required to disclose such expenditure to the board. In addition, every entity that, in the twelve months preceding a covered election, makes independent expenditures aggregating five thousand dollars or more in support of or in opposition to any candidate [in any covered election], or in support of or in opposition to any municipal ballot proposal or referendum, shall disclose the following: (i) the identity of any entity that, on or after the first day of the calendar year preceding the covered election, contributed to the entity reporting the expenditure, and the owners, partners, board members, and officers, or their equivalents, of such contributing entity, or, if no individuals exist in any such roles, the name of at least one individual who exercises control over the activities of such contributing entity; (ii) the identity of any entity or individual who, in the twelve months preceding the covered election, contributed twenty-five thousand dollars or more to any entity that, in the twelve months preceding the covered election, contributed fifty thousand dollars or more to the entity reporting the expenditure; and (iii) the identity of any individual who, in the twelve months preceding the covered election, contributed one thousand dollars or more to the entity reporting the expenditure. (c) Any literature, advertisement or other communication in support of or in opposition to any candidate in any covered election, or in support of or in opposition to any municipal ballot proposal or referendum, that is paid for by an individual or entity making independent expenditures aggregating one thousand dollars or more shall, in addition to any applicable disclosure requirements in state law, disclose information as follows: � 2. This local law takes effect January 1, 2024; provided that the campaign finance board shall take all action necessary for the timely implementation of this law, including the promulgation of rules, prior to such date. Session 12 CJM LS #3515, 11119 1/10/2023 Session 11 DFC LS #12866, 12882, 13101 Int. #1901-2020 1 1