Relates to contributions made to certain municipally chartered organizations
REFERRED TO LOCAL GOVERNMENT
Summary
The bill adds a new article to the General Municipal Law that forces certain nonprofit organizations that receive municipal support to publicly disclose contributions of $2,000 or more (or $5,000 in aggregate per year) and to file an annual financial report. It applies to nonprofits formed or funded by counties, cities, towns, villages, or public benefit corporations, and gives local legislatures and state officials the authority to enforce compliance with civil penalties. The measure is intended to increase transparency of money flowing between government and affiliated charities.
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