Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2014 |
referred to election law |
Jan 09, 2013 |
referred to election law |
Assembly Bill A2018
2013-2014 Legislative Session
Sponsored By
KAVANAGH
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2013-A2018 (ACTIVE) - Details
2013-A2018 (ACTIVE) - Summary
Treats parent corporations and their 50% or more owned subsidiaries as one entity for purposes of the applicability of the $5,000 campaign contribution limit; applies additional disclosure requirements to certain corporations including the names and addresses of parent corporations and individuals who own or control shares of either the parent or subsidiary corporation.
2013-A2018 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2018 2013-2014 Regular Sessions I N A S S E M B L Y (PREFILED) January 9, 2013 ___________ Introduced by M. of A. KAVANAGH, STEVENSON -- read once and referred to the Committee on Election Law AN ACT to amend the election law, in relation to the treatment of corpo- rate subsidiaries for purposes of the application of contribution limits and reporting requirements THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 14-102 of the election law is amended by adding a new subdivision 6 to read as follows: 6. AS TO RECEIPTS FROM CORPORATIONS, THE STATEMENTS SHALL INCLUDE THE NAME AND ADDRESS OF (A) EACH CORPORATION FROM WHICH IT HAS RECEIVED ANYTHING OF VALUE, (B) THE NAME OF EACH CORPORATION THAT OWNS OR CONTROLS FIFTY PERCENT OR MORE OF THE SHARES OF THAT CORPORATION, (C) THE NAMES AND ADDRESSES OF EACH INDIVIDUAL WHO IS PART OF A GROUP OF INDIVIDUALS THAT OWNS OR CONTROLS FIFTY PERCENT OR MORE OF THE SHARES OF EITHER CORPORATION. S 2. Section 14-116 of the election law is amended by adding a new subdivision 3 to read as follows: 3. FOR PURPOSES OF THIS SECTION, THE TERM "CORPORATION" MEANS A PARENT CORPORATION AND ALL OF ITS SUBSIDIARIES OF WHICH THE PARENT CORPORATION OWNS FIFTY PERCENT OR MORE OF THE OUTSTANDING SHARES AND ANY OTHER CORPORATION OF WHICH A COMBINATION OF INDIVIDUALS THAT OWNS OR CONTROLS FIFTY PERCENT OR MORE OF THE OUTSTANDING SHARES OF THE PARENT CORPO- RATION ALSO OWNS OR CONTROLS FIFTY PERCENT OR MORE OF THE OUTSTANDING SHARES. S 3. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD03202-01-3
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