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Legislative Memo

T 518.465.7511
www.bcnys.org

BILL:

S.166 (Squadron) / A.5067 (Millman)

Support

SUBJECT:

To Decrease the Amount a Limited Liability Company can Contribute to a Political Campaign

 

DATE:

May 1, 2013

 

This bill, S.166 (Squadron) / A.5067 (Millman) would cap a limited liability company's contribution level while ignoring the disparity amongst all contributor types. This bill would limit just one participant in the political process instead of taking a holistic view of the entire system to make true reforms.

For these reasons, The Business Council of New York State, Inc. opposes this bill.