Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 01, 2018 |
print number 8366a |
Jun 01, 2018 |
amend (t) and recommit to elections |
May 15, 2018 |
reported and committed to elections |
May 03, 2018 |
referred to corporations, authorities and commissions |
Senate Bill S8366A
2017-2018 Legislative Session
Sponsored By
(R, C, IP) Senate District
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
Actions
Votes
Bill Amendments
2017-S8366 - Details
- See Assembly Version of this Bill:
- A10354
- Current Committee:
- Senate Elections
- Law Section:
- Tax Law
- Laws Affected:
- Amd §1116, Tax L
- Versions Introduced in 2019-2020 Legislative Session:
-
S1933, S4347, A623
2017-S8366 - Sponsor Memo
BILL NUMBER: S8366 REVISED MEMO 05/09/2018 SPONSOR: RANZENHOFER TITLE OF BILL: An act to amend the not-for-profit corporation law, in relation to limitations on political activity PURPOSE OR GENERAL IDEA OF BILL: To codify the federal prohibition on not-for-profit corporations partic- ipating or intervening in political campaigns. SUMMARY OF PROVISIONS: Section one amends section 204 of the not-for-profit corporation law to provide that a corporation of any kind to which this chapter applies shall not participate in, or intervene in, any political campaign on behalf of or in opposition to any candidate for public office. Section two provides the effective date.
2017-S8366 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8366 I N S E N A T E May 3, 2018 ___________ Introduced by Sen. RANZENHOFER -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Author- ities and Commissions AN ACT to amend the not-for-profit corporation law, in relation to limi- tations on political activity THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 204 of the not-for-profit corporation law, as amended by chapter 549 of the laws of 2013, is amended to read as follows: § 204. Limitation on activities. (A) Notwithstanding any other provision of this chapter or any other general law, a corporation of any kind to which this chapter applies shall conduct no activities for pecuniary profit or financial gain, whether or not in furtherance of its corporate purposes, except to the extent that such activity supports its other lawful activities then being conducted. (B) A CORPORATION OF ANY KIND TO WHICH THIS CHAPTER APPLIES SHALL NOT PARTICIPATE IN, OR INTERVENE IN (INCLUDING THE PUBLISHING OR DISTRIB- UTION OF STATEMENTS), ANY POLITICAL CAMPAIGN ON BEHALF OF OR IN OPPO- SITION TO ANY CANDIDATE FOR PUBLIC OFFICE. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15437-01-8
2017-S8366A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A10354
- Current Committee:
- Senate Elections
- Law Section:
- Tax Law
- Laws Affected:
- Amd §1116, Tax L
- Versions Introduced in 2019-2020 Legislative Session:
-
S1933, S4347, A623
2017-S8366A (ACTIVE) - Sponsor Memo
BILL NUMBER: S8366A SPONSOR: RANZENHOFER TITLE OF BILL: An act to amend the tax law, in relation to limita- tions on political activity PURPOSE OR GENERAL IDEA OF BILL: To codify the federal prohibition on not-for-profit corporations partic- ipating or intervening in political campaigns. SUMMARY OF PROVISIONS: Section one amends section 1116 of the Tax Law to provide that a corpo- ration of any kind to which this chapter applies shall not participate in, or intervene in, any political campaign on behalf of or in oppo- sition to any candidate for public office. The provisions of this para- graph regarding political campaign activity shall be interpreted in the same manner as section 501(c)(3) of the United States Internal Revenue Code has been interpreted as of the effective date of the chapter of the Laws of 2018 that amended this paragraph.
2017-S8366A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8366--A I N S E N A T E May 3, 2018 ___________ Introduced by Sen. RANZENHOFER -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Author- ities and Commissions -- reported favorably from said committee and committed to the Committee on Elections -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said commit- tee AN ACT to amend the tax law, in relation to limitations on political activity THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 4 of subdivision (a) of section 1116 of the tax law, as amended by chapter 270 of the laws of 2001, is amended to read as follows: (4) Any corporation, association, trust, or community chest, fund, foundation, or limited liability company, organized and operated exclu- sively for religious, charitable, scientific, testing for public safety, literary or educational purposes, or to foster national or international amateur sports competition (but only if no part of its activities involve the provision of athletic facilities or equipment), or for the prevention of cruelty to children or animals, no part of the net earn- ings of which inures to the benefit of any private shareholder or indi- vidual, no substantial part of the activities of which is carrying on propaganda, or otherwise attempting to influence legislation, (except as otherwise provided in subsection (h) of section five hundred one of the United States internal revenue code of nineteen hundred fifty-four, as amended), and which does not participate in, or intervene in (including the publishing or distributing of statements), any political campaign on behalf of OR IN OPPOSITION TO any candidate for public office. THE PROVISIONS OF THIS PARAGRAPH REGARDING POLITICAL CAMPAIGN ACTIVITY SHALL BE INTERPRETED IN THE SAME MANNER AS SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE HAS BEEN INTERPRETED AS OF THE EFFECTIVE DATE OF THE CHAPTER OF THE LAWS OF TWO THOUSAND EIGHTEEN THAT AMENDED THIS PARAGRAPH; § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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