New York A 586: Relates to establishing a joint commission on public transparency and sexual harassment

Bill Text

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A00586 Summary:

BILL NOA00586 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORMagnarelli

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §14-120, El L

&nbsp

Provides that for contributions that exceed twenty-five hundred dollars, when a campaign contribution is attributed to a limited liability company, such contributions shall be further attributed to each member of the limited liability company in proportion to the member's ownership interest in the limited liability company.

Go to top A00586 Actions:

BILL NOA00586 

&nbsp

01/08/2025referred to election law

01/07/2026referred to election law

Go to topA00586 Committee&nbspVotes:

Go to topA00586 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA00586 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 586

 2025-2026 Regular Sessions

 IN ASSEMBLY

 (Prefiled)

 January 8, 2025
 ___________

 Introduced by M. of A. MAGNARELLI -- read once and referred to the
 Committee on Election Law

 AN ACT to amend the election law, in relation to certain political
 campaign contributions

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Paragraph (b) of subdivision 3 of section 14-120 of the
 2 election law, as added by chapter 4 of the laws of 2019, is amended to
 3 read as follows:
 4 (b) If, by application of paragraph (a) of this subdivision, a
 5 campaign contribution is attributed to a limited liability company, the
 6 contributions shall be further attributed to each member of the limited
 7 liability company in proportion to the member's ownership interest in
 8 the limited liability company for contributions that exceed twenty-five
 9 hundred dollars.
 10 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD01291-01-5

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