Relates to a limitation on contributions or expenditures

This bill amends New York's election law to reinstate limits on political contributions and expenditures, directly affecting candidates, political committees, and corporations. The key provision requires that money given to independent expenditure committees be subject to the same contribution caps as direct donations to candidates, while also ordering the state board of elections to resume enforcing existing corporate contribution limits. By imposing these financial restrictions, the legislation aims to reduce the influence of wealthy special interests in political discourse. The act includes a provision stating that if any part of the new rules is later ruled unconstitutional, the remaining sections will still remain in effect.