Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 03, 2024 |
referred to election law |
May 10, 2023 |
print number 5410a |
May 10, 2023 |
amend and recommit to election law |
Mar 10, 2023 |
referred to election law |
Assembly Bill A5410A
2023-2024 Legislative Session
Sponsored By
CARROLL
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
Actions
Bill Amendments
2023-A5410 - Details
2023-A5410 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5410 2023-2024 Regular Sessions I N A S S E M B L Y March 10, 2023 ___________ Introduced by M. of A. CARROLL -- read once and referred to the Commit- tee on Election Law AN ACT to amend the election law, in relation to political contributions by corporations THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 2 of section 14-116 of the election law, as amended by chapter 4 of the laws of 2019, is amended to read as follows: 2. A. Notwithstanding [the provisions of subdivision one of this section, any corporation or an organization financially supported in whole or in part, by such corporation, any limited liability company or other corporate entity may make expenditures, including contributions, not otherwise prohibited by law, for political purposes, in an amount not to exceed five thousand dollars in the aggregate in any calendar year; provided that no public utility shall use revenues received from the rendition of public service within the state for contributions for political purposes unless such cost is charged to the shareholders of such a public service corporation.] ANY OTHER PROVISION OF LAW TO THE CONTRARY, NO CONTRIBUTION, LOAN, LOAN GUARANTEE OR OTHER SECURITY FOR SUCH A LOAN FROM ANY CORPORATION, OTHER THAN IN THE REGULAR COURSE OF THE LENDER'S BUSINESS, SHALL BE ACCEPTED BY A CANDIDATE OR POLITICAL COMMITTEE, OTHER THAN A CORPORATION THAT IS A POLITICAL COMMITTEE, FOR ALL NOMINATIONS TO ANY OFFICE OR ELECTION TO ANY OFFICE. B. A LOAN MADE TO A CANDIDATE OR POLITICAL COMMITTEE, OTHER THAN A CONSTITUTED COMMITTEE, BY ANY PERSON, FIRM OR ASSOCIATION SHALL BE REPAID BY THE DATE OF THE PRIMARY, SPECIAL OR GENERAL ELECTION, AS THE CASE MAY BE, OR SUCH LOAN SHALL BE CONSIDERED A CONTRIBUTION BY SUCH PERSON, FIRM OR ASSOCIATION INCLUDING ANY PERSON ENDORSING, COSIGNING, GUARANTEEING, COLLATERALIZING OR OTHER PROVIDING SECURITY FOR THE LOAN. C. NOTHING IN THIS SUBDIVISION SHALL BE APPLICABLE TO INDEPENDENT EXPENDITURE COMMITTEES, AS DEFINED IN SUBDIVISION FIFTEEN OF SECTION 14-100 OF THIS TITLE. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
2023-A5410A (ACTIVE) - Details
2023-A5410A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5410--A 2023-2024 Regular Sessions I N A S S E M B L Y March 10, 2023 ___________ Introduced by M. of A. CARROLL -- read once and referred to the Commit- tee on Election Law -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the election law, in relation to political contributions by corporations THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 2 of section 14-116 of the election law, as amended by chapter 4 of the laws of 2019, is amended to read as follows: 2. A. Notwithstanding [the provisions of subdivision one of this section, any corporation or an organization financially supported in whole or in part, by such corporation, any limited liability company or other corporate entity may make expenditures, including contributions, not otherwise prohibited by law, for political purposes, in an amount not to exceed five thousand dollars in the aggregate in any calendar year; provided that no public utility shall use revenues received from the rendition of public service within the state for contributions for political purposes unless such cost is charged to the shareholders of such a public service corporation.] ANY OTHER PROVISION OF LAW TO THE CONTRARY, NO CONTRIBUTION, LOAN, LOAN GUARANTEE OR OTHER SECURITY FOR SUCH A LOAN FROM ANY CORPORATION, OTHER THAN IN THE REGULAR COURSE OF THE LENDER'S BUSINESS, SHALL BE ACCEPTED BY A CANDIDATE OR POLITICAL COMMITTEE, EXCEPT FOR A CORPORATION THAT IS A POLITICAL COMMITTEE OR IF THE CONTRIBUTION IS FOR NON-CANDIDATE EXPENDITURES AS DEFINED IN SUBDI- VISION FIVE OF SECTION 14-100 OF THIS TITLE, FOR ALL NOMINATIONS TO ANY OFFICE OR ELECTION TO ANY OFFICE. B. A LOAN MADE TO A CANDIDATE OR POLITICAL COMMITTEE, OTHER THAN A CONSTITUTED COMMITTEE, BY ANY PERSON, FIRM OR ASSOCIATION SHALL BE REPAID BY THE DATE OF THE PRIMARY, SPECIAL OR GENERAL ELECTION, AS THE CASE MAY BE, OR SUCH LOAN SHALL BE CONSIDERED A CONTRIBUTION BY SUCH PERSON, FIRM OR ASSOCIATION INCLUDING ANY PERSON ENDORSING, COSIGNING, EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06903-05-3
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