§ 14-116 — Political contributions by certain organizations

§ 14-116. Political contributions by certain organizations. 1. No\ncorporation, limited liability company, joint-stock association or other\ncorporate entity doing business in this state, except a corporation or\nassociation organized or maintained for political purposes only, shall\ndirectly or indirectly pay or use or offer, consent or agree to pay or\nuse any money or property for or in aid of any political party,\ncommittee or organization, or for, or in aid of, any corporation,\nlimited liability company, joint-stock, other association, or other\ncorporate entity organized or maintained for political purposes, or for,\nor in aid of, any candidate for political office or for nomination for\nsuch office, or for any political purpose whatever, or for the\nreimbursement or indemnification of any person for moneys or property so\nused. Any officer, director, stock-holder, member, owner, attorney or\nagent of any corporation, limited liability company, joint-stock\nassociation or other corporate entity which violates any of the\nprovisions of this section, who participates in, aids, abets or advises\nor consents to any such violations, and any person who solicits or\nknowingly receives any money or property in violation of this section,\nshall be guilty of a misdemeanor.\n 2. Notwithstanding the provisions of subdivision one of this section,\nany corporation or an organization financially supported in whole or in\npart, by such corporation, any limited liability company or other\ncorporate entity may make expenditures, including contributions, not\notherwise prohibited by law, for political purposes, in an amount not to\nexceed five thousand dollars in the aggregate in any calendar year;\nprovided that no public utility shall use revenues received from the\nrendition of public service within the state for contributions for\npolitical purposes unless such cost is charged to the shareholders of\nsuch a public service corporation.\n 3. Each limited liability company that makes an expenditure, or\ncontribution, for political purposes shall file with the state board of\nelections, by December thirty-first of the year in which the expenditure\nis made, on the form prescribed by the state board of elections, the\nidentity of all direct and indirect owners of the membership interests\nin the limited liability company and the proportion of each direct or\nindirect member's ownership interest in the limited liability company.\n