money laundering, and drug trafficking
Reinvent Albany calls on the Legislature to immediately pass the LLC Transparency Act (A3484-A (Gallagher) / S995-B (Hoylman-Sigal)).
This bill will bring long-overdue transparency to New York’s Limited Liability Corporations (LLCs), which have been used to circumvent campaign finance law, launder money, and commit Medicaid and Medicare fraud, among numerous other crimes. Anonymous LLCs are a major corruption risk, and New Yorkers shouldn’t let the shell games continue. The bill is cosponsored by over 40 legislators, and is supported by a wide range of unions, watchdogs, and public policy groups, including the Hotel Trades Council and NY District Council of Carpenters.
The bill is in the Assembly Rules and Senate Corps committees. We strongly urge you to pass the bill.
Supporters of the LLC Transparency Act include:
Bricklayers and Allied Craftworkers Local No. 1
Churches United for Fair Housing
Common Cause NY
Community Service Society
Fifth Avenue Committee and Neighbors Helping Neighbors
Financial Accountability and Corporate Transparency (FACT) Coalition
Hotel Trades Council
Housing Justice for All
Housing Rights Initiative
League of Women Voters of New York State
New York District Council of Carpenters
New York State Land Title Association
New York State Regional Conference of the Bricklayers and Allied Craftworkers
North Atlantic States Regional Council of Carpenters
NYPIRG
Office of the New York County District Attorney Alvin Bragg
OpenCorporates
OpenOwnership
Reinvent Albany
Strong Economy For All