| Date of Action |
Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|---|---|
| May 09, 2016 |
reported and committed to codes |
| Mar 07, 2016 |
notice of committee consideration - requested |
| Jan 22, 2016 |
print number 60b |
| Jan 22, 2016 |
amend and recommit to elections |
| Jan 06, 2016 |
referred to elections |
| Jun 01, 2015 |
print number 60a |
| Jun 01, 2015 |
amend and recommit to corporations, authorities and commissions |
| Apr 27, 2015 |
reported and committed to corporations, authorities and commissions |
| Mar 04, 2015 |
notice of committee consideration - requested |
| Jan 07, 2015 |
referred to elections |
Senate Bill S60B
2015-2016 Legislative Session
Sponsored By
(D, WF) Senate District
Archive: Last Bill Status - In Senate Committee Codes Committee
Actions
Votes
Bill Amendments
co-Sponsors
(D) 15th Senate District
(D) 14th Senate District
(D, WF) Senate District
(D, WF) 12th Senate District
2015-S60 - Details
2015-S60 - Sponsor Memo
BILL NUMBER: S60
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 make limited liability companies subject to an
aggregate contribution limit which has been lowered from $5000 to
$1,000.
SUMMARY OF SPECIFIC PROVISIONS :
Section 1 of the bill adds Limited Liability Companies to Election Law
§ 14-116 to provide that LLCs are subject to an aggregate contribution
Limit, which has been lowered from $5000 to $1,000.
Section 2 of the bill establishes 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
2015-S60 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
60
2015-2016 Regular Sessions
I N S E N A T E
(PREFILED)
January 7, 2015
___________
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 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 organization, 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 may make expenditures, including contrib-
utions, not otherwise prohibited by law, for political purposes, in an
amount not to exceed [five] ONE thousand dollars in the aggregate in any
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
co-Sponsors
(D) 15th Senate District
(D) 14th Senate District
(D, WF) Senate District
(D, WF) 12th Senate District
2015-S60A - Details
2015-S60A - Sponsor Memo
BILL NUMBER:S60A
TITLE OF BILL: An act to amend the election law, in relation to
political contributions
PURPOSE: This bill would add Limited Liability Companies (LLCs) to
section 14-116 of the election law, so that LLCs are made subject to
the existing contribution limits for corporations.
SUMMARY OF SPECIFIC PROVISIONS:
Section 1 of the bill adds LLCs to Election Law § 14-116 to provide
that LLCs are subject to the aggregate contribution limit of $5000
that applies to corporations.
Section 2 of the bill establishes the effective date.
JUSTIFICATION: Current law, as interpreted by the State Board of
Elections (SBOE), allows a single individual to make multiple
contributions to the same candidate or committee through separate
LLCs. Often it is difficult to know who is ultimately directing the
contributions.
The election law does not explicitly address contributions by LLCs.
Instead, pursuant to a 1996 SBOE decision, each LLC is treated as a
separate contributor even if many of them are controlled by the same
2015-S60A - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
60--A
2015-2016 Regular Sessions
I N S E N A T E
(PREFILED)
January 7, 2015
___________
Introduced by Sens. SQUADRON, ADDABBO, COMRIE, ESPAILLAT, GIANARIS,
HOYLMAN, KENNEDY, PANEPINTO, PERKINS -- read twice and ordered print-
ed, and when printed to be committed to the Committee on Elections --
reported favorably from said committee and committed to the Committee
on Corporations, Authorities and Commissions -- committee discharged,
bill amended, ordered reprinted as amended and recommitted to said
committee
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 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 organization, 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.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
co-Sponsors
(D) 15th Senate District
(D) Senate District
(D, WF) Senate District
(D) 14th Senate District
2015-S60B (ACTIVE) - Details
2015-S60B (ACTIVE) - Sponsor Memo
BILL NUMBER: S60B
TITLE OF BILL :
An act to amend the election law, in relation to political
contributions
PURPOSE :
This bill would add Limited Liability Companies (LLCs) to section
14-116 of the election law, so that LLCs are made subject to the
existing contribution limits for corporations. This bill would also
increase transparency by requiring disclosure of the identity of
individuals with membership interests in LLCs and attribute
contributions to members of LLCs.
SUMMARY OF SPECIFIC PROVISIONS :
Section 1 of the bill adds LLCs to Election Law § 14-116 to provide
that LLCs are subject to the aggregate contribution limit of $5000
that applies to corporations. Section 1 also requires disclosure of
the identity of all direct and indirect owners of the membership
interests in the LLC and the proportion of each direct and indirect
member's ownership interest in the LLC.
Section 2 amends § 14-120 of the Election Law by requiring all
2015-S60B (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
60--B
2015-2016 Regular Sessions
I N S E N A T E
(PREFILED)
January 7, 2015
___________
Introduced by Sens. SQUADRON, ADDABBO, COMRIE, ESPAILLAT, GIANARIS,
HOYLMAN, KENNEDY, KRUEGER, PANEPINTO, PERKINS, STAVISKY -- read twice
and ordered printed, and when printed to be committed to the Committee
on Elections -- reported favorably from said committee and committed
to the Committee on Corporations, Authorities and Commissions --
committee discharged, bill amended, ordered reprinted as amended and
recommitted to said committee -- recommitted to the Committee on
Elections in accordance with Senate Rule 6, sec. 8 -- committee
discharged, bill amended, ordered reprinted as amended and recommitted
to said committee
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 [or], LIMITED LIABILITY COMPANY, joint-stock association OR
OTHER CORPORATE ENTITY doing business in this state, except a corpo-
ration or association 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 organization, or for, or in aid of, any corporation,
LIMITED LIABILITY COMPANY, joint-stock [or], other association, OR OTHER
CORPORATE ENTITY 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, MEMBER, OWNER, attorney or
agent of any corporation [or], LIMITED LIABILITY COMPANY, joint-stock
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
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