Transfer of campaign funds and the termination of authorized committees.

A Local Law to amend the administrative code of the city of New York, in relation to the transfer of campaign funds and the termination of authorized committees

This bill would require candidates participating in the New York City campaign finance program to terminate all authorized committees except for the principal committee used in the covered election, and to submit any remaining funds from those authorized committees to the New York City campaign finance fund. This bill would effectively repeal Local Law 189 for the year 2016.