New York S 10021: Relates to contributions made to certain municipally chartered organizations
Status: REFERRED TO LOCAL GOVERNMENT (as of 2026-04-22)
State: New York · Session: 2025-2026 · Bill: S 10021
Sponsors: Rachel May
Bill Text
Bill Search and Legislative Information | New York State Assembly • • • • • • • • Skip to main content New York State Assembly Speaker Carl E. Heastie --> --> --> • Assembly Members • Legislative Info • Public Hearings • Speaker's Press • Assembly Reports • Committees & More • Bill Search Home • Laws • Legislative Calendar • Public Hearing Schedule • Assembly Calendars • Assembly Committee Agenda Javascript must be enabled to properly view this page. Bill No.: • Summary • Actions • Committee Votes • Floor Votes • Memo • Text • LFIN • Chamber Video/Transcript S10021 Summary: BILL NOS10021   SAME ASNo Same As   SPONSORMAY   COSPNSR   MLTSPNSR   Add Art 19-D §§996 - 996-d, Gen Muni L   Requires covered entities to publicly disclose contributions in the amount of, or having a fair market value of, $2,000 or more in a single transaction or $5,000 in aggregate from the same contributor in any calendar year; requires an annual financial report to be filed with the county clerk; makes related provisions. Go to top S10021 Actions: BILL NOS10021   04/22/2026REFERRED TO LOCAL GOVERNMENT Go to topS10021 Committee Votes: Go to topS10021 Floor Votes: There are no Assembly votes for this bill in this legislative session. Go to topS10021 Text: STATE OF NEW YORK ________________________________________________________________________ 10021 IN SENATE April 22, 2026 ___________ Introduced by Sen. MAY -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the general municipal law, in relation to contributions made to certain municipally chartered organizations The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The general municipal law is amended by adding a new arti- 2 cle 19-D to read as follows: 3 ARTICLE 19-D 4 CONTRIBUTIONS FOR CERTAIN MUNICIPALLY CHARTERED ORGANIZATIONS 5 Section 996. Definitions. 6 996-a. Disclosure of contributions. 7 996-b. Annual financial report. 8 996-c. Access by governing legislative body. 9 996-d. Enforcement; civil penalties. 10 § 996. Definitions. For the purposes of this article, the following 11 terms shall have the following meanings: 12 1. "Covered entity" means any corporation formed pursuant to the not- 13 for-profit corporation law that meets one or more of the following 14 criteria: (a) the corporation was formed at the initiative of, or whose 15 certificate of incorporation was approved or consented to by, a county, 16 city, town, or village, or by an officer or body thereof acting in an 17 official capacity; (b) the corporation holds, manages, or has received 18 assets that were transferred to it, directly or indirectly, from a 19 municipal corporation or a public benefit corporation as defined in 20 section sixty-six of the general construction law; and/or (c) the corpo- 21 ration has received, in any period of twelve consecutive months, aggre- 22 gate public funds, payments under municipal contracts, or in-kind munic- 23 ipal support with a combined fair market value of fifty thousand dollars 24 or more. 25 2. "Contribution" means any transfer of cash, real or personal proper- 26 ty, securities, or services having monetary value made to a covered 27 entity, including donations, gifts, grants, bequests, naming rights EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15633-02-6 S. 10021 2 1 agreements, sponsorship agreements, or any other transfer of value, 2 whether or not a condition or restriction is attached. 3 3. "Municipal officer" means any elected or appointed officer or 4 employee of a county, city, town, or village, including any officer or 5 employee of a public benefit corporation whose board is appointed in 6 whole or in part by officers of such municipality. 7 4. "Governing legislative body" means the county legislature, city 8 council, town board, village board of trustees, or other legislative 9 body of the municipality with which a covered entity is affiliated with- 10 in the meaning of subdivision one of this section. 11 § 996-a. Disclosure of contributions. 1. Every covered entity shall 12 publicly disclose each contribution it receives as provided in this 13 subdivision. For any contribution in an amount or having a fair market 14 value of two thousand dollars or more in a single transaction, or five 15 thousand dollars or more in the aggregate from the same contributor in 16 any calendar year, the covered entity shall file a disclosure statement 17 with the county clerk of the county in which its principal office is 18 located within thirty days of receipt of such contribution. 19 2. Each disclosure statement required under this section shall 20 include: (a) the
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