Enacts the "forfeiture of campaign finance accounts and return of contributions act"

This bill (A 7162) requires campaign finance accounts to be forfeited to the New York State Comptroller when an elected official resigns due to criminal charges or ethics complaints, is convicted of a disqualifying felony, or resigns following ethics commission charges. Within 10 days of resignation, campaign funds held by the official or their committee must be transferred to the Comptroller’s office. The Comptroller must then return funds to original donors in reverse order (last donor first), and any unclaimed funds after this process may cover the Comptroller’s administrative costs. It directly affects elected officials facing disqualifying legal or ethical issues and aims to prevent misuse of campaign funds.