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Assembly Bill A2493

2011-2012 Legislative Session

Relates to political contributions

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Archive: Last Bill Status - In Assembly Committee

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2011-A2493 (ACTIVE) - Details

See Senate Version of this Bill:
S30
Current Committee:
Assembly Codes
Law Section:
Election Law
Laws Affected:
Amd ยง14-116, El L
Versions Introduced in Other Legislative Sessions:
2009-2010: A11355, S8395
2013-2014: A5067, S166
2015-2016: A5089, A6975, S5093, S60
2017-2018: A1926, S496, S7022

2011-A2493 (ACTIVE) - Summary

Relates to political contributions by limited liability companies.

2011-A2493 (ACTIVE) - Bill Text download pdf 

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

                                  2493

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                            January 19, 2011
                               ___________

Introduced  by M. of A. MILLMAN -- read once and referred to the Commit-
  tee on Election Law

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
in  the  aggregate in any calendar year; provided that no public utility

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00122-01-1

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