New York A06233 amends the election law to prohibit certain political contributions and loans by specific organizations and treats unpaid loans as.

New York A06233 amends the election law to restrict political contributions and loans by corporations and certain organizations. It prohibits these entities from making contributions or loans for political purposes, with an exception for expenditures not exceeding $5,000 annually. The bill also stipulates that any loan made to a candidate or political committee must be repaid by the date of the primary, special, or general election, or it will be considered a contribution. This act takes effect immediately upon enactment.

New York A06233 amends the election law to prohibit certain political contributions and loans by specific organizations and treats unpaid loans as.

New York A06233 amends the election law to restrict political contributions and loans by corporations and certain organizations. It prohibits these entities from making contributions or loans for political purposes, with an exception for expenditures not exceeding $5,000 annually. The bill also stipulates that any loan made to a candidate or political committee must be repaid by the date of the primary, special, or general election, or it will be considered a contribution. This act takes effect immediately upon enactment.