senate Bill S7799A

Signed by Governor

Relates to the effectiveness of provisions of law relating to prohibiting employees of a not-for-profit corporation from serving as chair of the board

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Bill Status


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed by Governor
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actions

  • 10 / Jun / 2014
    • REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
  • 11 / Jun / 2014
    • AMEND (T) AND RECOMMIT TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
  • 11 / Jun / 2014
    • PRINT NUMBER 7799A
  • 17 / Jun / 2014
    • COMMITTEE DISCHARGED AND COMMITTED TO RULES
  • 17 / Jun / 2014
    • ORDERED TO THIRD READING CAL.1481
  • 17 / Jun / 2014
    • PASSED SENATE
  • 17 / Jun / 2014
    • DELIVERED TO ASSEMBLY
  • 17 / Jun / 2014
    • REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
  • 18 / Jun / 2014
    • SUBSTITUTED FOR A10027A
  • 18 / Jun / 2014
    • ORDERED TO THIRD READING RULES CAL.381
  • 18 / Jun / 2014
    • PASSED ASSEMBLY
  • 18 / Jun / 2014
    • RETURNED TO SENATE
  • 30 / Jun / 2014
    • DELIVERED TO GOVERNOR
  • 30 / Jun / 2014
    • SIGNED CHAP.81

Summary

Relates to the effectiveness of provisions relating to prohibiting employees of a not-for-profit corporation from serving as chair of the board.

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Bill Details

See Assembly Version of this Bill:
A10027A
Versions:
S7799
S7799A
Legislative Cycle:
2013-2014
Law Section:
Corporations
Laws Affected:
Amd ยง132, Chap 549 of 2013
view bill text
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 7799--A

                            I N  S E N A T E

                              June 10, 2014
                               ___________

Introduced  by  Sen.  RANZENHOFER -- read twice and ordered printed, and
  when printed to be committed to the Committee on Corporations, Author-
  ities and Commissions -- committee discharged, bill  amended,  ordered
  reprinted as amended and recommitted to said committee

AN  ACT to amend chapter 549 of the laws of 2013, amending the executive
  law and other laws relating to reform of charitable organizations,  in
  relation to the effectiveness of certain provisions of such chapter

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Section 132 of chapter 549 of the laws  of  2013,  amending
the executive law and other laws relating to reform of charitable organ-
izations, is amended to read as follows:
  S  132.  This  act  shall take effect July 1, 2014, provided, however,
that the amendments to section  172-b  of  the  executive  law  made  by
section  three  of this act shall expire and be deemed repealed June 30,
2017; provided further that the amendments to section 172-b of the exec-
utive law made by section three-a of this act shall take effect July  1,
2017  and  shall  expire  and be deemed repealed June 30, 2021; provided
further that the amendments to section 172-b of the executive  law  made
by  section three-b of this act shall take effect July 1, 2021; provided
further that THE AMENDMENTS TO PARAGRAPH (A) OF SECTION 713 OF THE  NOT-
FOR-PROFIT  CORPORATION  LAW  MADE  BY section seventy-three of this act
shall take effect January 1, 2015; PROVIDED FURTHER THAT  PARAGRAPH  (F)
OF  SECTION  713  OF THE NOT-FOR-PROFIT CORPORATION LAW ADDED BY SECTION
SEVENTY-THREE OF THIS ACT SHALL TAKE EFFECT JANUARY  1,  2016;  provided
further  that  section  seventy-two  of  this  act  and paragraph (b) of
section 8-1.9 of the estates, powers and trusts law as added by  section
one  hundred thirty of this act shall not be applicable until January 1,
2015 for any corporation or trust that had annual revenues of less  than
10,000,000  dollars  in  the last fiscal year ending prior to January 1,
2014.
  S 2. This act shall take effect immediately.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15545-03-4

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