NY A00442

Bill

Enacts the "corporate political activity accountability to shareholders act"; requires that corporate contributions to a political candidate or party committee or in support or opposition to a candidate or ballot referendum be approved by a majority of shareholders; applies to cooperative corporations, not-for-profit corporations, railroad and transportation corporations.

Introduced
01/06/2021

In Committee
01/05/2022

Crossed Over

Passed

Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

AI Summary

This bill enacts the "corporate political activity accountability to shareholders act", which requires that corporate contributions to a political candidate or party committee or in support or opposition to a candidate or ballot referendum be approved by a majority of shareholders. The bill applies to cooperative corporations, not-for-profit corporations, railroad and transportation corporations. It also requires these corporations to disclose their political contributions and independent expenditures to their shareholders and the Secretary of State annually.

Committee Categories

Government Affairs

Sponsors (10)

Deborah Glick (D)*, Nily Rozic (D)*, Jo Anne Simon (D)*, Fred Thiele (D)*, Thomas Abinanti (D), William Colton (D), Sandy Galef (D), Donna Lupardo (D), Crystal Peoples-Stokes (D), Linda Rosenthal (D),

Last Action

referred to election law (on 01/05/2022)

Official Document

https://www.nysenate.gov/legislation/bills/2021/A442

(2 Companion Bills)

Version:

Document Type	Source Location	Created
State Bill Page	https://www.nysenate.gov/legislation/bills/2021/A442	12/30/2020
BillText	https://assembly.state.ny.us/leg/?default_fld=&bn=A00442&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A00442	12/30/2020

Bill	Bill Name	Last Action	Type
A05642	Enacts the "corporate political activity accountability to shareholders act"; requires that corporate contributions to a political candidate or party committee or in support or opposition to a candidate or ballot referendum be approved by a majority of shareholders; applies to cooperative corporations, not-for-profit corporations, railroad and transportation corporations.	referred to election law	Reintroduced
S02895	Enacts the "corporate political activity accountability to shareholders act"; requires that corporate contributions to a political candidate or party committee or in support or opposition to a candidate or ballot referendum be approved by a majority of shareholders; applies to cooperative corporations, not-for-profit corporations, railroad and transportation corporations.	REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS	Same As

Bill > A00442

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (10)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary