United States:
New York Governor Signs Bill Closing ‘LLC Loophole'
04 February 2019
Skadden, Arps, Slate, Meagher & Flom (UK) LLP
To print this article, all you need is to be registered or login on Mondaq.com.
On January 24, 2019, New York Gov. Andrew Cuomo signed a bill
closing the "LLC loophole," as discussed in our
January 22, 2019 mailing. The new law will be effective on
January 31, 2019. As a result, a candidate or committee must
receive an LLC's contribution by January 30, 2019 for that
contribution to be subject to the prior limits.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Government, Public Sector from United States
U.S. M&A Newsletter — April 18, 2024
Linklaters
The proposed acquisition of United States Steel Corporation by Japan's Nippon Steel Corporation, announced in December 2023, has attracted a great deal of public and political scrutiny.