The New York State Senate

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

                                 1013--A

                       2019-2020 Regular Sessions

                            I N  S E N A T E

                            January 10, 2019
                               ___________

Introduced  by  Sens. METZGER, BRESLIN, GIANARIS, JACKSON, KRUEGER, LIU,
  MAY, MYRIE, RAMOS, RIVERA, SALAZAR -- read twice and ordered  printed,
  and  when  printed  to  be  committed to the Committee on Elections --
  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
  by certain organizations

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision 2 of section 14-116 of  the  election  law,  as
amended by chapter 4 of the laws of 2019, is amended to read as follows:
  2.  A.  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 corporate entity 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 shall use revenues received from
the rendition of public service within the state for  contributions  for
political  purposes  unless  such cost is charged to the shareholders of
such a public service corporation.]  ANY OTHER PROVISION OF LAW  TO  THE
CONTRARY,  NO  CONTRIBUTION,  LOAN, LOAN GUARANTEE OR OTHER SECURITY FOR
SUCH A LOAN FROM ANY CORPORATION,  LIMITED  LIABILITY  COMPANY,  LIMITED
LIABILITY  PARTNERSHIP  OR PARTNERSHIP, OTHER THAN IN THE REGULAR COURSE
OF THE LENDER'S BUSINESS, MAY BE ACCEPTED BY A  CANDIDATE  OR  POLITICAL
COMMITTEE,  OTHER THAN A CORPORATION, LIMITED LIABILITY COMPANY, LIMITED
LIABILITY PARTNERSHIP OR PARTNERSHIP THAT IS A POLITICAL COMMITTEE,  FOR
ALL NOMINATIONS TO ANY OFFICE OR ELECTION TO ANY OFFICE.
  B.  A  LOAN  MADE  TO A CANDIDATE OR POLITICAL COMMITTEE, OTHER THAN A
CONSTITUTED COMMITTEE, BY ANY  PERSON,  FIRM  OR  ASSOCIATION  SHALL  BE
REPAID  BY  THE DATE OF THE PRIMARY, SPECIAL OR GENERAL ELECTION, AS THE

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

                                                           LBD06186-03-9

S. 1013--A                          2

CASE MAY BE, OR SUCH LOAN SHALL BE CONSIDERED  A  CONTRIBUTION  BY  SUCH
PERSON,  FIRM  OR ASSOCIATION INCLUDING ANY PERSON ENDORSING, COSIGNING,
GUARANTEEING, COLLATERALIZING OR OTHER PROVIDING SECURITY FOR THE LOAN.
  § 2. This act shall take effect immediately.