A.G. Schneiderman At Hearing On Disclosure Requirements For Nonprofits Engaging In Electioneering
NEW YORK – Attorney General Eric T. Schneiderman delivered opening remarks today at a hearing on his proposed disclosure requirements for nonprofits that engage in electioneering.
Video of the Attorney General’s remarks is available online here: www.youtube.com/watch?v=BsSHiS_3YFc
Last month, Attorney General Schneiderman announced new regulations requiring nonprofit groups, including 501(c)(4) “social welfare” organizations that are registered with the state, to report the percentage of their expenditures that go to federal, state and local electioneering. Those 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. Under the proposed new rules, those disclosures will be released to the public.