Bill
Bill > S00060
summary
Introduced
01/07/2015
01/07/2015
In Committee
05/09/2016
05/09/2016
Crossed Over
Passed
Dead
06/18/2016
06/18/2016
Introduced Session
2015-2016 General Assembly
Bill Summary
Relates to political contributions by limited liability companies.
AI Summary
This bill amends Section 14-116 of the election law to clarify that limited liability companies (LLCs), which are business structures where owners have limited liability, are now explicitly included alongside corporations and joint-stock associations in the prohibition against making direct or indirect political contributions. This means that LLCs, like corporations, are generally barred from using their money or property to support political parties, committees, organizations, or candidates, or for any political purpose, with an exception for entities organized solely for political purposes.
Committee Categories
Government Affairs, Housing and Urban Affairs
Sponsors (26)
Daniel Squadron (D)*,
Joe Addabbo (D),
Tony Avella (D),
Neil Breslin (D),
Leroy Comrie (D),
Martin Dilan (D),
Adriano Espaillat (D),
Michael Gianaris (D),
Jesse Hamilton (D),
Ruth Hassell-Thompson (D),
Brad Hoylman (D),
Todd Kaminsky (D),
Timothy Kennedy (D),
Liz Krueger (D),
George Latimer (D),
Velmanette Montgomery (D),
Marc Panepinto (D),
Kevin Parker (D),
José Peralta (REF),
Bill Perkins (D),
Roxanne Persaud (D),
Gustavo Rivera (D),
James Sanders (D),
Jose Serrano (D),
Toby Stavisky (D),
Andrea Stewart-Cousins (D),
Last Action
REPORTED AND COMMITTED TO CODES (on 05/09/2016)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...