Relates to political contributions by corporations
This bill prohibits corporations, limited liability companies, and other corporate entities from making political contributions exceeding $5,000 annually to candidates or political committees, with specific exceptions. It directly affects corporations and their political spending by banning "schedule B" contributions (corporate political contributions) on campaign finance filings, except for political committees or non-candidate expenditures. The key provision sets a strict annual cap of $5,000 on all corporate political contributions and requires loans to candidates to be repaid before elections or treated as contributions. Public utilities are excluded from the cap only if costs are charged to shareholders, not from public service revenues. The bill takes effect immediately upon enactment.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 27, 2025
Last action Jan 7, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO ELECTION LAW
lower
Feb 27, 2025
Committee
REFERRED TO ELECTION LAW
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Robert Carroll
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about A 6244
Scope: NY
Hi! I can help you understand A 6244. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline