Assembly Bill A5748

2019-2020 Legislative Session

Requires the reporting of contributions by business entities and individuals

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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

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2019-A5748 (ACTIVE) - Details

See Senate Version of this Bill:
S5892
Current Committee:
Assembly Election Law
Law Section:
State Finance Law
Laws Affected:
Add §139-m, St Fin L
Versions Introduced in Other Legislative Sessions:
2015-2016: A9260
2017-2018: A9968
2021-2022: A6685, S451
2023-2024: A7212, S4049

2019-A5748 (ACTIVE) - Summary

Requires the reporting of contributions by business entities and individuals; defines terms; provides that no business entity or individual who contracts with the state for a contract of more than fifteen thousand dollars shall make monetary or in-kind contributions or a pledge of contribution in excess of one thousand dollars to an individual who holds the position of an elected state public office, a candidate for such position, including the candidate's election fund, if such contract must be voted on or approved by such individual; or a state, county or municipal political party, in the preceding twelve month period to the contract being awarded

2019-A5748 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5748
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 14, 2019
                                ___________
 
 Introduced  by  M. of A. GALEF, WOERNER, MOSLEY, BLAKE, DICKENS, JAFFEE,
   SIMON, GOTTFRIED, D'URSO, SEAWRIGHT, HYNDMAN, NIOU, ZEBROWSKI, CAHILL,
   JOHNS, RAIA, GIGLIO, MONTESANO --  Multi-Sponsored  by  --  M.  of  A.
   BUCHWALD,  CROUCH,  ENGLEBRIGHT,  EPSTEIN,  THIELE  --  read  once and
   referred to the Committee on Election Law

 AN ACT to amend the state finance law, in relation to the  reporting  of
   contributions by business entities and individuals
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The state finance law is amended by adding  a  new  section
 139-m to read as follows:
   §  139-M. REPORTING OF CONTRIBUTIONS BY BUSINESS ENTITIES AND INDIVID-
 UALS. 1. FOR THE PURPOSES OF THIS SECTION,  THE  FOLLOWING  TERMS  SHALL
 HAVE THE FOLLOWING MEANINGS:
   A. "BUSINESS ENTITY" MEANS:
   I. A FOR-PROFIT ENTITY AS FOLLOWS:
   A.  IN  THE CASE OF A CORPORATION: THE CORPORATION, ANY OFFICER OF THE
 CORPORATION, AND ANY PERSON OR BUSINESS ENTITY THAT OWNS OR CONTROLS TEN
 PERCENT OR MORE OF THE STOCK OF THE CORPORATION;
   B. IN THE CASE OF A GENERAL PARTNERSHIP: THE PARTNERSHIP AND ANY PART-
 NER;
   C. IN THE CASE OF A LIMITED PARTNERSHIP: THE LIMITED  PARTNERSHIP  AND
 ANY PARTNER;
   D.  IN THE CASE OF A PROFESSIONAL CORPORATION: THE PROFESSIONAL CORPO-
 RATION AND ANY SHAREHOLDER OR OFFICER;
   E. IN THE CASE OF A LIMITED LIABILITY COMPANY: THE  LIMITED  LIABILITY
 COMPANY AND ANY MEMBER;
   F. IN THE CASE OF A LIMITED LIABILITY PARTNERSHIP: THE LIMITED LIABIL-
 ITY PARTNERSHIP AND ANY PARTNER;
   G. IN THE CASE OF A SOLE PROPRIETORSHIP: THE PROPRIETOR; AND
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08242-01-9
              

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