NY S00324

Prohibits "foreign-influenced business entities" from making political contributions, donations, or expenditures in New York state and local elections

Defines a business entity as foreign-influenced if: a single foreign owner holds 1% or more ownership, multiple foreign owners collectively hold 5% or more, or any foreign owner participates in the entity's U.S. political activity decisions

Requires business entities making political contributions to file a certification with the State Board of Elections within 7 business days, signed under penalty of perjury by a chief executive, president, or owner attesting the entity is not foreign-influenced

Makes it unlawful to knowingly solicit, accept, or receive political contributions from foreign-influenced business entities

Establishes violations as a Class E felony with civil penalties equal to the contribution amount plus fines up to $10,000, enforceable by the State Board of Elections chief enforcement counsel