Last week, Gov. Cuomo announced into law an ethics and campaign finance reform bill that was approved in the waning hours of the 2016 legislative session. Good government groups urged the Governor to veto the bill, saying that the bill contains numerous substantive and technical flaws.
The new law imposes specific restrictions on independent expenditure committees (IECs, or Super PACs), limiting who can work for the groups and what constitutes coordination between a group and a candidate. It also requires political consultants who lobby to register with the state; expands the state’s “source of funding” reporting requirement; and imposes new reporting requirements on 501(c)(3) and 501(c)(4) groups, among other things.