Bill Text: NY A03449 | 2015-2016 | General Assembly | Introduced

---

Bill Title: Provides that for purposes of political contribution limitations the term corporation shall be deemed to include a limited liability company.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2016-01-06 - referred to election law [A03449 Detail]

Download: New_York-2015-A03449-Introduced.html

---

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         3449
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                   January 22, 2015
                                      ___________
       Introduced by M. of A. WRIGHT -- read once and referred to the Committee
         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:
    1    Section 1. Section 14-116 of the election law is amended by  adding  a
    2  new subdivision 3 to read as follows:
    3    3.  FOR  PURPOSES OF THIS SECTION "CORPORATION" MEANS A CORPORATION OR
    4  LIMITED LIABILITY COMPANY.
    5    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD04754-01-5