Schneiderman to Seek Nonprofit Political Spending Reports

ALBANY, N.Y. (AP) - The New York Attorney General's Office has proposed regulations requiring nonprofits to annually disclose their political spending on state and local races starting next year.
 

The proposal, subject to hearings and public comment, would require tax-exempt groups registered in New York, including so-called "social welfare organizations," to report the percentage of expenditures on "electioneering activities."

Those include advertisements or communications calling for the election or defeat of a candidate, referendum or party within 180 days of an election or depict them by name.

Nonprofits that spend $10,000 or more a year that way would have to list each expenditure and each contribution of $100 or more, including the contributor's name, address and employer.

The information would be public, with an exception for donors who specify that their funds can't be used for electioneering.