senate Bill S5962

2013-2014 Legislative Session

Relates to pay-to-play disclosure reform

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee


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

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Actions

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to finance
Oct 21, 2013 referred to finance

Co-Sponsors

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S5962 - Details

See Assembly Version of this Bill:
A8199
Current Committee:
Law Section:
State Finance Law
Laws Affected:
Add ยง139-l, St Fin L

S5962 - Summary

Relates to pay-to-play disclosure reform; requires reporting of contributions business entities have made to a candidate committee or election fund of certain public officers prior to contracts for procurement.

S5962 - Sponsor Memo

S5962 - Bill Text download pdf

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

    S. 5962                                                  A. 8199

                       2013-2014 Regular Sessions

                      S E N A T E - A S S E M B L Y

                            October 21, 2013
                               ___________

IN  SENATE  --  Introduced  by  Sens. LANZA, VALESKY, MARCELLINO -- read
  twice and ordered printed, and when printed to  be  committed  to  the
  Committee on Finance

IN  ASSEMBLY  --  Introduced  by  M.  of A. ENGLEBRIGHT -- read once and
  referred to the Committee on Governmental Operations

AN ACT to amend the  state  finance  law,  in  relation  to  pay-to-play
  disclosure reform

  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-l to read as follows:
  S  139-L. REPORTING OF CONTRIBUTIONS BY BUSINESS ENTITIES.  1. FOR THE
PURPOSES OF THIS SECTION, A "BUSINESS ENTITY" SHALL MEAN ANY NATURAL  OR
LEGAL  PERSON,  BUSINESS CORPORATION, PROFESSIONAL SERVICES CORPORATION,
LIMITED LIABILITY COMPANY, PARTNERSHIP,  LIMITED  PARTNERSHIP,  BUSINESS
TRUST, ASSOCIATION, LABOR ORGANIZATION, RELIGIOUS CORPORATION, EDUCATION
CORPORATION,  OR  NOT-FOR-PROFIT CORPORATION ORGANIZED UNDER THE LAWS OF
THIS STATE OR ANY OTHER STATE OR FOREIGN JURISDICTION, INCLUDING:
  A. ALL INDIVIDUALS WHO OWN OR CONTROL MORE THAN  TEN  PERCENT  OF  THE
PROFITS  OR  ASSETS  OF A BUSINESS ENTITY OR TEN PERCENT OF THE STOCK IN
THE CASE OF A BUSINESS ENTITY THAT  IS  A  CORPORATION  FOR  PROFIT,  AS
APPROPRIATE;
  B.  KEY  EMPLOYEES  OF THE BUSINESS ENTITY, WHICH SHALL MEAN OFFICERS,
MEMBERS OF THE BOARD OF DIRECTORS AND TRUSTEES, AND THEIR SPOUSES;
  C. ANY SUBSIDIARIES DIRECTLY OR INDIRECTLY CONTROLLED BY THE  BUSINESS
ENTITY;
  D.  ANY  POLITICAL  ORGANIZATION  ORGANIZED  UNDER  SECTION 527 OF THE
INTERNAL REVENUE CODE THAT IS DIRECTLY OR INDIRECTLY CONTROLLED  BY  THE
BUSINESS  ENTITY,  OTHER  THAN  A CANDIDATE COMMITTEE, ELECTION FUND, OR
POLITICAL PARTY COMMITTEE; AND

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11979-01-3

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