In Wake Of deBlasio NonProfit Probe, Kallos Says LegislationTo Regulate 501(c)(4) Non Profits Under Discussion

Sarina Trangle reports in City  & State:

“New York City Councilman Ben Kallos expressed interest in working with his colleagues on legislation that could regulate and limit the use of a political nonprofit class known as 501(c)4s that Mayor Bill de Blasio has used to promote his agenda.

“I’m actually working actively with colleagues,” Kallos said during a Friday press conference at City Hall to promote various ethics reforms. “We’re drafting legislation around disclosure and limits to what people can do with (c)4s and moving forward, and to the extent that anyone has (c)4s, making sure that they engage in voluntarily disclosure ahead of us engaging in our legislative advocacy and actually making it a legal requirement. Right now is a good time, if anyone has a (c)4, for it to cease and for folks to disclose. … We need to make sure that we lock down every single place that money and corruption can happen.”

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