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The New York State Board of Elections is a bipartisan agency of the New York state government within the New York State Executive Department responsible for enforcement and administration of election-related laws. [1] [2] It also regulates campaign finance disclosure and limitations through its "fair campaign code". [1] [3]
The New York City Campaign Finance Board (CFB) is an independent New York City agency that serves to provide campaign finance information to the public, enable more citizens to run for office by granting public matching funds, increase voter participation and awareness, strengthen the role of small contributors, and reduce the potential for actual or perceived corruption.
A 527 organization or 527 group is a type of U.S. tax-exempt organization organized under Section 527 of the U.S. Internal Revenue Code (26 U.S.C. § 527).A 527 group is created primarily to influence the selection, nomination, election, appointment or defeat of candidates to federal, state or local public office.
In 1971, Congress passed the Federal Election Campaign Act (FECA), instituting various campaign finance disclosure requirements for federal candidates (those running for the House, the Senate, the President and the Vice President), political parties, and political action committees.
The Center for Competitive Politics (CCP), chaired by former FEC chairman Bradley A. Smith, opposes legislation to require the disclosure of dark-money groups, saying: "Our view is that many people will be driven out of politics if they are forced to disclose their names and their personal information. The purpose of disclosure is to help ...
Alexander, Herbert E. "Campaign Financing in International Perspective" in Michael J. Malbin, ed. (1980). Parties Interest Groups and Campaign Finance Laws. American Enterprise Institute. ISBN 978-0-8447-2167-5. Birnbaum, Jeffrey (June 6, 2000). The Money Men : The Real Story of Fund-raising's Influence on Political Power in America. Crown.
New York State has more than 4,200 local governments in the form of counties, cities, towns, and villages. About 52% of all revenue raised by local governments in the state is raised solely by the government of New York City, which spends it on education (28%), social services (20%), public safety (13%), and benefits and pensions (10%). [ 3 ]
The bill would amend the Federal Election Campaign Act of 1971 to provide for greater and faster public disclosure of campaign spending and to combat the use of "dark money" in U.S. elections (which increased from $69 million in 2008 to $310 million in 2012). [5] The 2023 version of the DISCLOSE Act bill: [6]
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