N.Y. Election Law § 14-116: Political contributions by certain organizations

§ 14-116. Political contributions by certain organizations. 1. No

corporation, limited liability company, joint-stock association or other

corporate entity doing business in this state, except a corporation or

association organized or maintained for political purposes only, shall

directly or indirectly pay or use or offer, consent or agree to pay or

use any money or property for or in aid of any political party,

committee or organization, or for, or in aid of, any corporation,

limited liability company, joint-stock, other association, or other

corporate entity organized or maintained for political purposes, or for,

or in aid of, any candidate for political office or for nomination for

such office, or for any political purpose whatever, or for the

reimbursement or indemnification of any person for moneys or property so

used. Any officer, director, stock-holder, member, owner, attorney or

agent of any corporation, limited liability company, joint-stock

association or other corporate entity which violates any of the

provisions of this section, who participates in, aids, abets or advises

or consents to any such violations, and any person who solicits or

knowingly receives any money or property in violation of this section,

shall be guilty of a misdemeanor.

2. 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.

3. Each limited liability company that makes an expenditure, or

contribution, for political purposes shall file with the state board of

elections, by December thirty-first of the year in which the expenditure

is made, on the form prescribed by the state board of elections, the

identity of all direct and indirect owners of the membership interests

in the limited liability company and the proportion of each direct or

indirect member's ownership interest in the limited liability company.