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What is NYC RCNY § 5-04?

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(a) Contributions from political committees. (i) A candidate may accept a contribution from a political committee, provided that the political committee: (A) was registered with the Board for the period that includes the candidate's next covered election at the time the contribution was received; or (B) registers wit

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Effective: 9/15/2019

§ 5-04 Contributions Subject to Special Requirements.

RCNY § 5-04

(a)Contributions from political committees.

(i)A candidate may accept a contribution from a political committee, provided that the political committee: (A) was registered with the Board for the period that includes the candidate's next covered election at the time the contribution was received; or (B) registers with the Board within 10 days of receipt of the contribution.

(ii)A political committee must register in such form and manner as shall be determined by the Board. Such registration shall include but is not limited to: (A) the name and address of the committee, and the name, address, and employer of the chairperson, treasurer, and liaison of the committee; (B) an indication whether the committee is a political action committee, a candidate committee (and if so, identification of the candidates supported by the committee), or another kind of political committee; (C) identification of the governmental agency or agencies with which the committee files disclosure statements; (D) an indication whether the committee makes monetary contributions, in-kind contributions, or independent expenditures, and the name, address, and employer of each individual or entity with the authority to determine the candidates for whom the committee makes contributions or independent expenditures; and (E) an indication whether the committee accepts contributions from corporations, limited liability companies, or partnerships, and an agreement not to use funds from such entities for contributions to candidates.

(iii)A list of registered political committees for each election cycle will be maintained on the Board's website. Candidates have the burden to check the list of registered political committees published by the Board to ensure that each political committee contribution accepted is from a registered committee.

(iv)The registration shall remain in effect through the end of the election cycle, unless there has been a material change in the information included in the registration.

(v)Political committees that do not submit the information required by the Board, or any required signatures or notarizations, will not be considered to be registered.

(vi)Earmarked contributions from political committees. (A) A candidate may accept a contribution given to a political committee by a contributor who limited the committee's choice or directed the selection of the recipient, but the contribution shall be considered to be from both the original contributor and from the political committee. (B) A contribution that a political committee has received solely because of its actions as an intermediary as defined in these rules is not an earmarked contribution. (C) A nominee contribution is not an earmarked contribution.

(b)Contributions from minors. A candidate may accept a contribution from an individual under 18 years of age, provided that: (i) the decision to contribute was made knowingly and voluntarily by the minor; (ii) the funds, goods, or services contributed were owned and controlled exclusively by the minor, such as income earned by the minor, or a bank account opened and maintained exclusively in the minor's name; and (iii) the contribution was not made from the proceeds of a gift, the purpose of which was to provide funds to be contributed.

(c)Contributions from joint contributors.

(d)Post-election contributions. Contributions accepted after an election may be used to pay liabilities incurred in that election, subject to the applicable contribution limit and prohibitions, only if deposited in and disbursed from an account established and maintained for that election, as provided in 52 RCNY § 5-11(a)(iii) and (iv).

(e)Text message contributions. A text message contribution is received on the date it is delivered to the candidate, after payment of the contributor's wireless bill, by a wireless carrier or other mobile fundraising vendor. (Added City Record 8/16/2019, eff. 9/15/2019)

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