|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 14, 2019||delivered to governor|
returned to assembly
3rd reading cal.7
substituted for s1101
|Jan 14, 2019||substituted by a776|
ordered to third reading cal.7
reported and committed to rules
|Jan 10, 2019||referred to elections|
senate Bill S1101
Current Bill Status Via - Delivered to Governor
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S1101 - Details
S1101 - 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.
S1101 - Sponsor Memo
BILL NUMBER: S1101 SPONSOR: KAVANAGH TITLE OF BILL: An act to amend the election law, in relation to poli- tical 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 iden- tity of all direct and indirect owners of the membership interests in
S1101 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ S. 1101 A. 776 2019-2020 Regular Sessions S E N A T E - A S S E M B L Y January 10, 2019 ___________ IN SENATE -- Introduced by Sens. KAVANAGH, ADDABBO, BAILEY, BENJAMIN, BIAGGI, BRESLIN, BROOKS, CARLUCCI, COMRIE, GAUGHRAN, GIANARIS, GOUNARDES, HARCKHAM, HOYLMAN, JACKSON, KAMINSKY, KAPLAN, KENNEDY, KRUEGER, LIU, MARTINEZ, MAY, MAYER, METZGER, MONTGOMERY, MYRIE, PARK- ER, PERSAUD, RAMOS, RIVERA, SALAZAR, SANDERS, SAVINO, SEPULVEDA, SERRANO, SKOUFIS, STAVISKY, STEWART-COUSINS, THOMAS -- read twice and ordered printed, and when printed to be committed to the Committee on Elections IN ASSEMBLY -- Introduced by M. of A. SIMON, LAVINE, HEASTIE, BUCHWALD, M. G. MILLER, THIELE, ORTIZ, NIOU, FAHY, DINOWITZ, GOTTFRIED, SANTA- BARBARA, GLICK, SEAWRIGHT, MAGNARELLI, D'URSO, MONTESANO, ARROYO, MOSLEY, CAHILL, ZEBROWSKI, ABINANTI, BARNWELL, BLAKE, CARROLL, BARRON, TAYLOR, GALEF, LUPARDO, STECK, L. ROSENTHAL, WALLACE, ROZIC, RYAN, JAFFEE, BURKE, CRUZ, EICHENSTEIN, EPSTEIN, FALL, FRONTUS, GRIFFIN, JACOBSON, LIFTON, McMAHON, OTIS, REYES, WEINSTEIN -- Multi-Sponsored by -- M. of A. COOK, ENGLEBRIGHT -- 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, EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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