NY Bill To Reveal Cos.’ Political Spending Faces Long Odds

Law360, New York (March 12, 2012, 1:55 PM EDT) -- A New York City Democrat was in Albany, N.Y., Monday pushing a long-shot bill to force corporations to tell their stockholders about political expenditures as states grapple with the U.S. Supreme Court's Citizen's United ruling, which eliminated federal restrictions on such spending.

“We spent a lot of time on the bill and it's right,” Sen. Daniel L. Squadron told Law360 after all four Republicans on the New York State Senate's Committee on Corporations, Authorities and Commissions recently voted to bottle up the legislation, called the Corporate Political...
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