senate Bill S7149

2017-2018 Legislative Session

Relates to political contributions by limited liability companies

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Sponsored By

Archive: Last Bill Status - In Senate Committee Rules 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 (3)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 04, 2018 reported and committed to rules
Mar 19, 2018 notice of committee consideration - requested
Jan 03, 2018 referred to elections

Votes

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Jun 4, 2018 - Elections committee Vote

S7149
5
1
committee
5
Aye
1
Nay
3
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Elections committee vote details

Elections Committee Vote: Jun 4, 2018

nay (1)

Co-Sponsors

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S7149 (ACTIVE) - Details

See Assembly Version of this Bill:
A9758
Current Committee:
Senate Rules
Law Section:
Election Law
Laws Affected:
Amd §§14-116 & 14-120, El L
Versions Introduced in 2019-2020 Legislative Session:
S1101, A776

S7149 (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.

S7149 (ACTIVE) - Sponsor Memo

S7149 (ACTIVE) - Bill Text download pdf


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

                                  7149

                            I N  S E N A T E

                               (PREFILED)

                             January 3, 2018
                               ___________

Introduced  by Sen. KAVANAGH -- 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:
  §  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;

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