S7564

The New York State Senate passed legislation Wednesday to modify the state's public campaign financing program, advancing a measure that drew sharp criticism from Republicans and some Democrats who argued it undermines the program's original grassroots intent. Senate Print 7564, sponsored by Sen. Myrie, passed 32-31 on a largely party-line vote. The bill increases the threshold for matching donations from $250 to allow donations above that amount to receive partial taxpayer matches, raises the number of required contributors to qualify for the program from 150 to 350 for Senate candidates, and adjusts payment schedules to allow disbursements beginning December 15, 2023. Sen. Walczyk conducted extensive floor questioning, arguing the changes contradict the program's original intent by favoring large donors and incumbents. He cited a New York Times editorial stating the amendments would "protect incumbents and discourage challengers." Under the bill, a $5,000 donation would receive a $2,300 taxpayer match, totaling $7,300 in campaign funds. Sen. Myrie defended the changes as necessary iterations before the program's first disbursements, citing alignment with New York City's successful public financing model. He argued the higher contributor thresholds demonstrate community support and that the program still encourages small-donor participation. Sen. Borrello characterized the bill as transforming the program from grassroots fundraising into "an incumbency welfare program," while Sens. Krueger and May voted against it despite supporting public financing generally, saying the program should be tested before modification. An amendment by Sen. Walczyk to repeal the entire program was ruled nongermane by the presiding officer. An appeal of that ruling failed 21-0 on a show of hands vote.