Requires separate bank accounts for public financing campaign contributions and other campaign funds
This bill requires campaign committees that receive public financing to maintain two separate bank accounts: one exclusively for public campaign funds and another for all other campaign contributions. It directly affects political committees using public financing, mandating that these funds cannot be commingled with private donations. The key provision, added to election law, specifies that retained public funds and other campaign funds must be deposited in distinct accounts subject to standard disclosure rules. This change aims to clarify financial management but does not alter campaign contribution limits or other substantive election rules.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 30, 2025
Last action Jan 7, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO ELECTION LAW
lower
Jan 30, 2025
Committee
REFERRED TO ELECTION LAW
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Phil Steck
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about A 3967
Scope: NY
Hi! I can help you understand A 3967. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline