S T A T E O F N E W Y O R K
________________________________________________________________________
1933
2019-2020 Regular Sessions
I N S E N A T E
January 17, 2019
___________
Introduced by Sen. RANZENHOFER -- read twice and ordered printed, and
when printed to be committed to the Committee on Budget and Revenue
AN ACT to amend the tax law, in relation to limitations on political
activity
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraph 4 of subdivision (a) of section 1116 of the tax
law, as amended by chapter 270 of the laws of 2001, is amended to read
as follows:
(4) Any corporation, association, trust, or community chest, fund,
foundation, or limited liability company, organized and operated exclu-
sively for religious, charitable, scientific, testing for public safety,
literary or educational purposes, or to foster national or international
amateur sports competition (but only if no part of its activities
involve the provision of athletic facilities or equipment), or for the
prevention of cruelty to children or animals, no part of the net earn-
ings of which inures to the benefit of any private shareholder or indi-
vidual, no substantial part of the activities of which is carrying on
propaganda, or otherwise attempting to influence legislation, (except as
otherwise provided in subsection (h) of section five hundred one of the
United States internal revenue code of nineteen hundred fifty-four, as
amended), and which does not participate in, or intervene in (including
the publishing or distributing of statements), any political campaign on
behalf of OR IN OPPOSITION TO any candidate for public office. THE
PROVISIONS OF THIS PARAGRAPH REGARDING POLITICAL CAMPAIGN ACTIVITY SHALL
BE INTERPRETED IN THE SAME MANNER AS SECTION 501(C)(3) OF THE UNITED
STATES INTERNAL REVENUE CODE HAS BEEN INTERPRETED AS OF THE EFFECTIVE
DATE OF THE CHAPTER OF THE LAWS OF TWO THOUSAND NINETEEN THAT AMENDED
THIS PARAGRAPH;
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD02092-01-9