Assembly Actions - Lowercase Senate Actions - UPPERCASE |
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Oct 23, 2019 | signed chap.407 |
Oct 21, 2019 | delivered to governor |
Jun 18, 2019 | returned to senate passed assembly |
Jun 03, 2019 | ordered to third reading cal.472 substituted for a623 |
May 21, 2019 | referred to ways and means delivered to assembly passed senate |
May 20, 2019 | advanced to third reading |
May 15, 2019 | 2nd report cal. |
May 14, 2019 | 1st report cal.729 |
May 07, 2019 | reported and committed to finance |
Mar 07, 2019 | referred to budget and revenue |
senate Bill S4347
Signed By GovernorSponsored By
Liz Krueger
(D, WF) 28th Senate District
Archive: Last Bill Status - Signed by Governor
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed by Governor
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Votes
Co-Sponsors
Michael H. Ranzenhofer
(R, C, IP) 0 Senate District
Zellnor Myrie
(D) 20th Senate District
Alessandra Biaggi
(D, WF) 0 Senate District
David Carlucci
(D) 0 Senate District
S4347 (ACTIVE) - Details
S4347 (ACTIVE) - Sponsor Memo
BILL NUMBER: S4347 SPONSOR: KRUEGER TITLE OF BILL: An act to amend the tax law, in relation to limita- tions on political activity PURPOSE OR GENERAL IDEA OF BILL: To codify the federal prohibition on not-for-profit corporations partic- ipating or intervening in political campaigns. SUMMARY OF PROVISIONS: Section one amends section 1116 of the Tax Law to provide that a corpo- ration of any kind to which this chapter applies shall not participate in, or intervene in, any political campaign on behalf of or in oppo- sition to any candidate for public office. The provisions of this para- graph 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 2018 that amended this paragraph.
S4347 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4347 2019-2020 Regular Sessions I N S E N A T E March 7, 2019 ___________ Introduced by Sens. KRUEGER, RANZENHOFER, MYRIE -- 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.
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