“A.G. Schneiderman Adopts New Disclosure Requirements For Nonprofits That Engage In Electioneering”

Press release:

As part of a groundbreaking effort to bring transparency to the political process and protect donors to nonprofits, Attorney General Eric T. Schneiderman today announced that he has adopted new regulations that will require nonprofit groups, including 501(c)(4) “social welfare” organizations, to make more robust disclosures of their political campaign activities.  Effective today, nonprofits that are registered with the state will now be required to report the percentage of their expenditures that go to federal, state and local electioneering. Groups that spend at least $10,000 to influence state and local elections in New York will be required to file itemized schedules of expenses and contributions. Those disclosures will be available to the public on the Attorney General’s NY Open Government website.

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