Limits a candidate for public office to one authorized committee per election; defines the term "multi-candidate committee" and provides that such a committee may not be authorized by a candidate.

This bill limits candidates for public office in New York to having only one authorized committee for each election. It also defines what a 'multi-candidate committee' is and states that candidates cannot authorize such committees. This aims to simplify campaign financing and reduce the potential for confusion in fundraising efforts.

Supporters of the bill argue that it promotes transparency and accountability in campaign financing by preventing candidates from using multiple committees to raise funds. They believe that this will lead to a more straightforward election process, making it easier for voters to understand where campaign contributions are coming from.

Critics of the bill contend that it restricts candidates' ability to raise funds effectively, limiting their options to gather support. They argue that this could disadvantage some candidates, particularly those running in competitive races, by reducing their fundraising capabilities and options for coalition-building.