senate Bill S166

Amended

Relates to political contributions

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Co-Sponsors

Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor
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actions

  • 09 / Jan / 2013
    • REFERRED TO ELECTIONS
  • 08 / Jan / 2014
    • REFERRED TO ELECTIONS
  • 05 / May / 2014
    • AMEND AND RECOMMIT TO ELECTIONS
  • 05 / May / 2014
    • PRINT NUMBER 166A

Summary

Relates to political contributions by limited liability companies.

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Bill Details

See Assembly Version of this Bill:
A5067
Versions:
S166
S166A
Legislative Cycle:
2013-2014
Current Committee:
Senate Elections
Law Section:
Election Law
Laws Affected:
Amd §14-116, El L
Versions Introduced in Previous Legislative Cycles:
2011-2012: S30, A2493
2009-2010: S8395, A11355A

Sponsor Memo

BILL NUMBER:S166

TITLE OF BILL:

An act
to amend the election law, in relation to political contributions

PURPOSE OR GENERAL IDEA OF BILL:

This bill would add Limited Liability Companies to section 14-116 of
the election law to provide that LLCs have the same $5000 limit for
making contributions to candidates, parties and political committees
per year, as do corporations currently.

SUMMARY OF SPECIFIC PROVISIONS:

Section 1 of the bill adds Limited Liability Companies to Election Law
§ 14-116 to provide that LLCs have the same $5000 contribution limit
per year as do corporations.

Section 2 of the bill is the effective date.

JUSTIFICATION:

The Election Law does not address the aggregate amount of political
contributions that an LLC may make to candidates, parties and
political committees in anyone year. As a result, the State Board of
Elections has opined that they should be treated as individuals for
purposes of a limit and, therefore, under current practice, an LLC is
allowed to make $150,000 in contributions in anyone year. This bill
would require that LLCs be treated like corporations, rather than
individuals, and therefore limited to $5,000 in annual contributions.

PRIOR LEGISLATIVE HISTORY:

2010: S.8395/A.11355-A
2012: Committee Discharged and Committed to Rules

EFFECTIVE DATE:

This bill shall take effect on the one hundred and eightieth day after
it shall have become a law.

view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                   166

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by Sen. SQUADRON -- read twice and ordered printed, and when
  printed to be committed to the Committee on Elections

AN ACT to amend the election law, in relation to political contributions

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Section 14-116 of the election law, subdivision 1 as redes-
ignated by chapter 9 of the laws of 1978 and subdivision 2 as amended by
chapter 260 of the laws of 1981, is amended to read as follows:
  S  14-116.  Political  contributions  by certain organizations. 1.  No
corporation, LIMITED LIABILITY COMPANY or joint-stock association  doing
business  in this state, except [a corporation or association] AN ENTITY
organized or maintained for political purposes only, shall  directly  or
indirectly pay or use or offer, consent or agree to pay or use any money
or property for or in aid of any political party, committee or organiza-
tion,  or for, or in aid of, any corporation, LIMITED LIABILITY COMPANY,
joint-stock or other association organized or maintained  for  political
purposes,  or  for,  or in aid of, any candidate for political office or
for nomination for such office, or for any political  purpose  whatever,
or  for the reimbursement or indemnification of any person for moneys or
property so used. Any officer, director, stock-holder, attorney or agent
of any corporation, LIMITED LIABILITY COMPANY or joint-stock association
which violates any of the provisions of this section,  who  participates
in,  aids,  abets or advises or consents to any such violations, and any
person who solicits or knowingly  receives  any  money  or  property  in
violation of this section, shall be guilty of a misdemeanor.
  2.  Notwithstanding the provisions of subdivision one of this section,
any corporation or an organization financially supported in whole or  in
part,  by  such  corporation, AND ANY LIMITED LIABILITY COMPANY may make
expenditures, including contributions, not otherwise prohibited by  law,
for political purposes, in an amount not to exceed five thousand dollars

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00296-01-3

S. 166                              2

in  the  aggregate in any calendar year; provided that no public utility
shall use revenues received from the rendition of public service  within
the  state  for contributions for political purposes unless such cost is
charged to the shareholders of such a public service corporation.
  S 2. This act shall take effect on the one hundred eightieth day after
it shall have become a law.

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