assembly Bill A9758A

2017-2018 Legislative Session

Relates to political contributions by limited liability companies

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Sponsored By

Archive: Last Bill Status - Passed Assembly


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

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Actions

view actions (9)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Apr 17, 2018 referred to elections
delivered to senate
passed assembly
Mar 01, 2018 advanced to third reading cal.705
Feb 27, 2018 reported
reported referred to codes
Feb 09, 2018 print number 9758a
Feb 09, 2018 amend and recommit to election law
Feb 05, 2018 referred to election law

A9758 - Details

See Senate Version of this Bill:
S7149
Current Committee:
Senate Elections
Law Section:
Election Law
Laws Affected:
Amd §§14-116 & 14-120, El L
Versions Introduced in 2019-2020 Legislative Session:
A776, S1101

A9758 - Summary

Relates to political contributions by limited liability companies; requires limited liability companies that make expenditures for a political purpose to file with the state board of elections, the identity of all direct and indirect owners of the membership interests in the limited liability company and the proportion of each direct or indirect member's ownership interest in the limited liability company.

A9758 - Bill Text download pdf


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

                                  9758

                          I N  A S S E M B L Y

                            February 5, 2018
                               ___________

Introduced  by M. of A. SIMON -- read once and referred to the Committee
  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:
  §  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
association  OR  OTHER  CORPORATE  ENTITY  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 know-
ingly 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, ANY LIMITED LIABILITY COMPANY OR OTHER CORPO-
RATE ENTITY may make expenditures, including contributions,  not  other-
wise  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 shall use revenues received from the

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

Co-Sponsors

view additional co-sponsors

Multi-Sponsors

A9758A (ACTIVE) - Details

See Senate Version of this Bill:
S7149
Current Committee:
Senate Elections
Law Section:
Election Law
Laws Affected:
Amd §§14-116 & 14-120, El L
Versions Introduced in 2019-2020 Legislative Session:
A776, S1101

A9758A (ACTIVE) - Summary

Relates to political contributions by limited liability companies; requires limited liability companies that make expenditures for a political purpose to file with the state board of elections, the identity of all direct and indirect owners of the membership interests in the limited liability company and the proportion of each direct or indirect member's ownership interest in the limited liability company.

A9758A (ACTIVE) - Bill Text download pdf


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

                                 9758--A

                          I N  A S S E M B L Y

                            February 5, 2018
                               ___________

Introduced  by M. of A. SIMON -- read once and referred to the Committee
  on  Election  Law  --  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:
  § 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
association  OR  OTHER  CORPORATE  ENTITY  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 know-
ingly 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, ANY LIMITED LIABILITY COMPANY OR OTHER CORPO-
RATE  ENTITY  may make expenditures, including contributions, not other-
wise prohibited by law, for political purposes,  in  an  amount  not  to
exceed  five  thousand  dollars  in  the aggregate in any calendar year;

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets