Assembly Bill A7212

2023-2024 Legislative Session

Requires the reporting of contributions by business entities and individuals

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Current 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

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2023-A7212 (ACTIVE) - Details

See Senate Version of this Bill:
S4049
Current Committee:
Assembly Election Law
Law Section:
State Finance Law
Laws Affected:
Add §139-m, St Fin L
Versions Introduced in Other Legislative Sessions:
2015-2016: A9260
2017-2018: A9968
2019-2020: A5748, S5892
2021-2022: A6685, S451

2023-A7212 (ACTIVE) - Summary

Requires the reporting of contributions by business entities and individuals; defines terms; provides that no business entity or individual who contracts with the state for a contract of more than fifteen thousand dollars shall make monetary or in-kind contributions or a pledge of contribution in excess of one thousand dollars to an individual who holds the position of an elected state public office, a candidate for such position, including the candidate's election fund, if such contract must be voted on or approved by such individual; or a state, county or municipal political party, in the preceding twelve month period to the contract being awarded

2023-A7212 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7212
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 15, 2023
                                ___________
 
 Introduced by M. of A. McDONALD -- read once and referred to the Commit-
   tee on Election Law
 
 AN  ACT  to amend the state finance law, in relation to the reporting of
   contributions by business entities and individuals
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1.  The  state finance law is amended by adding a new section
 139-m to read as follows:
   § 139-M. REPORTING OF CONTRIBUTIONS BY BUSINESS ENTITIES AND  INDIVID-
 UALS.  1.  FOR  THE  PURPOSES OF THIS SECTION, THE FOLLOWING TERMS SHALL
 HAVE THE FOLLOWING MEANINGS:
   A. "BUSINESS ENTITY" MEANS:
   I. A FOR-PROFIT ENTITY AS FOLLOWS:
   A. IN THE CASE OF A CORPORATION: THE CORPORATION, ANY OFFICER  OF  THE
 CORPORATION, AND ANY PERSON OR BUSINESS ENTITY THAT OWNS OR CONTROLS TEN
 PERCENT OR MORE OF THE STOCK OF THE CORPORATION;
   B. IN THE CASE OF A GENERAL PARTNERSHIP: THE PARTNERSHIP AND ANY PART-
 NER;
   C.  IN  THE CASE OF A LIMITED PARTNERSHIP: THE LIMITED PARTNERSHIP AND
 ANY PARTNER;
   D. IN THE CASE OF A PROFESSIONAL CORPORATION: THE PROFESSIONAL  CORPO-
 RATION AND ANY SHAREHOLDER OR OFFICER;
   E.  IN  THE CASE OF A LIMITED LIABILITY COMPANY: THE LIMITED LIABILITY
 COMPANY AND ANY MEMBER;
   F. IN THE CASE OF A LIMITED LIABILITY PARTNERSHIP: THE LIMITED LIABIL-
 ITY PARTNERSHIP AND ANY PARTNER;
   G. IN THE CASE OF A SOLE PROPRIETORSHIP: THE PROPRIETOR; AND
   H. IN THE CASE OF ANY OTHER FORM OF ENTITY ORGANIZED UNDER THE LAWS OF
 THIS STATE OR ANY OTHER STATE OR FOREIGN JURISDICTION:  THE  ENTITY  AND
 ANY PRINCIPAL, OFFICER, OR PARTNER THEREOF;
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08463-01-3
 A. 7212                             2
              

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