Enacts the democracy preservation act

This bill prohibits foreign-influenced business entities from contributing to or spending on New York state and local elections. It defines "foreign-influenced" as businesses where foreign owners hold ≥1% of shares (single owner) or ≥5% (multiple owners), or where foreign entities influence political decisions. Businesses making election-related spending must file a certification signed by their CEO confirming they meet the criteria. Violations carry felony charges and civil penalties, directly affecting businesses with significant foreign ownership and election committees receiving such funds.