Senate Bill S2052

2015-2016 Legislative Session

Relates to political contributions made by limited liability companies

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Elections 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

co-Sponsors

2015-S2052 (ACTIVE) - Details

Current Committee:
Senate Elections
Law Section:
Election Law
Laws Affected:
Amd ยง14-120, El L
Versions Introduced in Other Legislative Sessions:
2009-2010: S5277
2011-2012: S38
2013-2014: S178

2015-S2052 (ACTIVE) - Summary

Relates to political contributions made by limited liability companies.

2015-S2052 (ACTIVE) - Sponsor Memo

2015-S2052 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  2052

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                            January 21, 2015
                               ___________

Introduced  by Sen. SQUADRON -- read twice and ordered printed, and when
  printed to be committed to the Committee on Elections

AN ACT to amend the election law,  in  relation  to  contributions  from
  limited liability companies

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision 2 of section 14-120 of  the  election  law,  as
added by chapter 79 of the laws of 1992, is amended to read as follows:
  2.  Notwithstanding subdivision one of this section, a partnership, as
defined in section ten of the partnership law, OR  A  LIMITED  LIABILITY
COMPANY,  AS DEFINED IN SECTION ONE HUNDRED TWO OF THE LIMITED LIABILITY
COMPANY LAW, may be considered a separate entity  for  the  purposes  of
this  section,  and  as  such may make contributions in the name of said
partnership  OR  LIMITED  LIABILITY  COMPANY  without  attributing  such
contributions  to  the  individual members of the partnership OR LIMITED
LIABILITY COMPANY provided that any such contribution made by a partner-
ship OR LIMITED LIABILITY COMPANY to  a  candidate  or  to  a  political
committee, shall not exceed[,] twenty-five hundred dollars. In the event
that  such  partnership OR LIMITED LIABILITY COMPANY contribution to any
such  candidate  or  political  committee  exceeds  twenty-five  hundred
dollars,  the  aggregate amount of such contribution shall be attributed
to each partner OR LIMITED LIABILITY COMPANY MEMBER whose share  of  the
contribution exceeds ninety-nine dollars.
  S 2. This act shall take effect immediately.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00972-01-5

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.