S640 (2023-24 session)
NY State bill
Enacts the "corporate political activity accountability to shareholders act"; requires that corporate contributions to a political candidate or party committee or in support or opposition to a candidate or ballot referendum be approved by a majority of shareholders; applies to cooperative corporations, not-for-profit corporations, railroad and transportation corporations.
- Title
- Enacts the "corporate political activity accountability to shareholders act"
- Type
- New York State Senate bill
- Session
- 2023-24 session
- Status
- In Senate Committee
- Latest action date
- 2024-01-03
- In committee
- Corporations, Authorities And Commissions
- Introduced
- 2023-01-05
- Same as
- A1418
- Law section
- Business Corporation Law
Sponsors
- Brian Kavanagh State Senator, District 27
Heard in committee
- Corporations, Authorities And Commissions NY State Senate committee
Same as
- A1418 (2023-24 session) NY State bill