Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 17, 2022 |
referred to economic development |
Assembly Bill A9595
2021-2022 Legislative Session
Sponsored By
CYMBROWITZ
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
co-Sponsors
Phil Steck
Richard Gottfried
Maritza Davila
Peter Abbate
2021-A9595 (ACTIVE) - Details
- Current Committee:
- Assembly Economic Development
- Law Section:
- General Business Law
- Laws Affected:
- Add Art 42 §§1030 - 1032, Gen Bus L
2021-A9595 (ACTIVE) - Summary
Relates to reporting requirements for domestic and foreign media entities; provides such annual report shall include the country of origin of any foreign investment received or any foreign ownership exceeding ten percent in the previous calendar year; establishes those that violate these reporting requirements shall be guilty of a misdemeanor.
2021-A9595 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 9595 I N A S S E M B L Y March 17, 2022 ___________ Introduced by M. of A. CYMBROWITZ -- read once and referred to the Committee on Economic Development AN ACT to amend the general business law, in relation to reporting requirements for domestic and foreign media entities THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The general business law is amended by adding a new article 42 to read as follows: ARTICLE 42 MEDIA ENTITIES SECTION 1030. DEFINITIONS. 1031. REPORTING REQUIREMENTS. 1032. VIOLATIONS AND PENALTIES. § 1030. DEFINITIONS. FOR THE PURPOSES OF THIS ARTICLE "MEDIA ENTITY" SHALL MEAN ANY PERSON, PROPRIETORSHIP, FIRM, PARTNERSHIP, ASSOCIATION, COOPERATIVE, ORGANIZATION OR CORPORATION ORGANIZED OR EXISTING UNDER THE LAWS OF THIS STATE, ANY OTHER STATE, OR ANY FOREIGN COUNTRY, DOING BUSI- NESS IN THIS STATE WHO GATHERS INFORMATION THAT IS ABOUT CURRENT EVENTS OR THAT WOULD BE OF CURRENT INTEREST TO THE PUBLIC AND DISTRIBUTES SUCH INFORMATION TO AN AUDIENCE THROUGH RADIO, BROADCAST OR CABLE TELEVISION, OR PRINT MEDIA. § 1031. REPORTING REQUIREMENTS. AN ANNUAL REPORT SHALL BE SENT TO THE DEPARTMENT OF STATE ON A STANDARDIZED FORM ESTABLISHED BY SUCH DEPART- MENT NO LATER THAN THE THIRTY-FIRST OF JANUARY BY EVERY MEDIA ENTITY WHICH SHALL INCLUDE THE COUNTRY OF ORIGIN OF ANY FOREIGN INVESTMENT RECEIVED OR ANY FOREIGN OWNERSHIP EXCEEDING TEN PERCENT IN THE PREVIOUS CALENDAR YEAR. SUCH REPORTS SHALL BE MADE ACCESSIBLE TO THE PUBLIC ON THE DEPARTMENT'S WEBSITE. § 1032. VIOLATIONS AND PENALTIES. ANY MEDIA ENTITY IN VIOLATION OF THE PROVISIONS OF THIS ARTICLE SHALL BE GUILTY OF A MISDEMEANOR AND, UPON CONVICTION, SHALL BE FINED NOT MORE THAN ONE THOUSAND DOLLARS. § 2. This act shall take effect on the first of January next succeed- ing the date on which it shall have become a law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD14950-02-2
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