New York City – Referendum Reporting Instituted

 In Blog, Updates

The New York City Council passed new legislation last Thursday amending the City’s Charter to increase transparency in local referendum spending. Under the new law, those spending $5,000 or more on independent expenditures related to local referenda are required to file regular donor disclosure reports. Additionally, advertisements supporting or opposing referenda will now have to disclosure the paying entity’s top-three donors. The legislation is set to take effect January 1, 2024.

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