WeVote
Log In

Bill

Bill

A 2577

Classifies certain multiple entities as a single entity for contribution purposes and requires disclosure of the interests of the components or contributors thereof

2025 Regular Session Introduced by Jeffrey Dinowitz

Treats certain related entities as a single entity for contribution limits and reporting, and requires disclosure of the interests behind those entities and their contributors.

REFERRED TO ELECTION LAW
0
WeVote Research Nonpartisan
Bill Summary · A 2577

Summary of New York Assembly Bill A 2577

Overview

  • Bill Number: A 2577
  • Title: Classifies certain multiple entities as a single entity for contribution purposes and requires disclosure of the interests of the components or contributors thereof
  • Status: Referred to the Election Law Committee
  • Introduced: January 17, 2025
  • Sponsor: Jeffrey Dinowitz (primary)

This bill addresses how multiple related entities are treated in connection with political contributions and imposes new disclosure requirements related to the interests of those entities or their contributors.

Primary Purpose and Intent

  • To tighten the framework governing political contributions by treating certain related or multiple entities as a single entity for the purposes of contribution limits, reporting, or other election-law obligations.
  • To increase transparency by requiring disclosure of the interests of the components of those entities or their contributors.

Key Provisions (as described by the title)

  • Entity Classification: Certain multiple or related entities would be treated as a single entity when applying contribution rules under the Election Law. This could affect how contribution limits are calculated and how reporting is performed for aggregated entities.
  • Disclosure Requirements: The bill would require disclosure of the interests of the components or contributors of those aggregated entities. This suggests an emphasis on identifying the underlying interests, ownership, or control relationships that are linked to the contributors.

Note: The specific statutory language, definitions (e.g., what qualifies as a “related” or “multiple” entity, and what constitutes “interests” or “components”), and exact obligations are not detailed in the provided information. The above reflects the bill’s stated aims based on the title and summary.

Who Would Be Affected

  • Political Committees and Campaign funders: Entities making or receiving political contributions could be subject to aggregation rules and enhanced reporting.
  • Corporations and affiliated entities: If related or multiple entities meet the bill’s criteria, they may be treated as a single donor for contribution purposes.
  • Regulators and enforcement bodies: NY Election Law authorities would implement and enforce the new aggregation and disclosure requirements.

Procedural and Timeline Aspects

  • Introduction Date: January 17, 2025
  • Committee Referral: Referred to the Election Law Committee on January 17, 2025 (listed twice in the actions)
  • Next Steps (generic): If advanced, the bill would typically move through hearings, potential amendments, and votes in the Election Law Committee, followed by Floor consideration in the Assembly.

Related Legislation

  • The bill lists multiple related bills from prior sessions (A 1229, A 445, A 566, A 538, A 557, A 2524, A 3683, A 4230, A 1794), indicating ongoing legislative interest in how entities and their interests are disclosed and aggregated for contributions.

Potential Impact and Considerations

  • Transparency and closed-loophole concerns: By aggregating related entities, the bill could close pathways used to circumvent contribution limits and obscure ultimate sources of contributions.
  • Compliance burden: Affected entities may face new reporting obligations and need to verify ownership or control structures to determine aggregation status.
  • Interpretation and enforcement: Clarity on definitions (what constitutes “multiple” or “related” entities, and what counts as “interests”) will be critical for implementation and could drive further legislative or regulatory adjustments.

If you’d like, I can incorporate any available committee memos or text amendments to refine this summary further.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.