Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jul 21, 2022 |
signed chap.439 |
Jul 11, 2022 |
delivered to governor |
May 03, 2022 |
returned to senate passed assembly ordered to third reading cal.524 substituted for a1891d |
May 03, 2022 |
substituted by s5261b |
Apr 28, 2022 |
advanced to third reading cal.524 |
Apr 26, 2022 |
reported |
Apr 18, 2022 |
print number 1891d |
Apr 18, 2022 |
amend and recommit to higher education |
Apr 06, 2022 |
print number 1891c |
Apr 06, 2022 |
amend and recommit to higher education |
Jan 26, 2022 |
print number 1891b |
Jan 26, 2022 |
amend and recommit to higher education |
Jan 05, 2022 |
referred to higher education |
Mar 08, 2021 |
print number 1891a |
Mar 08, 2021 |
amend and recommit to higher education |
Jan 11, 2021 |
referred to higher education |
Assembly Bill A1891B
Signed By Governor2021-2022 Legislative Session
Sponsored By
LUPARDO
Archive: Last Bill Status Via S5261 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
co-Sponsors
Fred Thiele
Angelo Santabarbara
Phil Steck
multi-Sponsors
David McDonough
Brian D. Miller
2021-A1891 - Details
2021-A1891 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1891 2021-2022 Regular Sessions I N A S S E M B L Y January 11, 2021 ___________ Introduced by M. of A. LUPARDO, THIELE, SANTABARBARA, STECK -- Multi- Sponsored by -- M. of A. McDONOUGH, B. MILLER -- read once and referred to the Committee on Higher Education AN ACT to amend the business corporation law, in relation to providing for expanded ownership in design professional corporations by employee stock ownership plans and non-licensed employees THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraphs (i) and (ii) of paragraph (b-1) of section 1503 of the business corporation law, as added by chapter 550 of the laws of 2011, are amended to read as follows: (i) greater than seventy-five percent of the outstanding shares of stock of the corporation are owned by design professionals AND AN ESOP (OR ESOPS) WITH GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S VOTING TRUSTEES AND GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S COMMITTEE MEMBERS BEING DESIGN PROFESSIONALS, (ii) an ESOP, either in part or in its entirety, shall not constitute part of the greater than seventy-five percent owned by design profes- sionals UNLESS GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S VOTING TRUSTEES AND GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S COMMITTEE MEMBERS ARE DESIGN PROFESSIONALS, § 2. Subparagraphs (i) and (ii) of paragraph (b) of section 1507 of the business corporation law, as added by chapter 550 of the laws of 2011, are amended to read as follows: (i) greater than seventy-five percent of the outstanding shares of stock of the corporation are owned by design professionals AND AN ESOP (OR ESOPS) WITH GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S VOTING TRUSTEES AND GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S COMMITTEE MEMBERS BEING DESIGN PROFESSIONALS, (ii) an ESOP, either in part or in its entirety, shall not constitute part of the greater than seventy-five percent owned by design profes- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
co-Sponsors
Fred Thiele
Angelo Santabarbara
Phil Steck
Patricia Fahy
multi-Sponsors
Michael Lawler
David McDonough
Brian D. Miller
2021-A1891A - Details
2021-A1891A - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1891--A 2021-2022 Regular Sessions I N A S S E M B L Y January 11, 2021 ___________ Introduced by M. of A. LUPARDO, THIELE, SANTABARBARA, STECK -- Multi- Sponsored by -- M. of A. McDONOUGH, B. MILLER -- read once and referred to the Committee on Higher Education -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the business corporation law, in relation to providing for expanded ownership in design professional corporations by employee stock ownership plans and non-licensed employees THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraphs (i) and (ii) of paragraph (b-1) of section 1503 of the business corporation law, as added by chapter 550 of the laws of 2011, are amended to read as follows: (i) greater than seventy-five percent of the outstanding shares of stock of the corporation are owned by design professionals AND AN ESOP (OR ESOPS) WITH GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S VOTING TRUSTEES OR GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S COMMITTEE MEMBERS BEING DESIGN PROFESSIONALS, (ii) an ESOP, either in part or in its entirety, shall not constitute part of the greater than seventy-five percent owned by design profes- sionals UNLESS GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S VOTING TRUSTEES OR GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S COMMITTEE MEMBERS ARE DESIGN PROFESSIONALS, § 2. Subparagraphs (i) and (ii) of paragraph (b) of section 1507 of the business corporation law, as added by chapter 550 of the laws of 2011, are amended to read as follows: (i) greater than seventy-five percent of the outstanding shares of stock of the corporation are owned by design professionals AND AN ESOP (OR ESOPS) WITH GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S VOTING TRUSTEES OR GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S COMMITTEE MEMBERS BEING DESIGN PROFESSIONALS, EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
co-Sponsors
Fred Thiele
Angelo Santabarbara
Phil Steck
Patricia Fahy
multi-Sponsors
Michael Lawler
David McDonough
Brian D. Miller
2021-A1891B - Details
2021-A1891B - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1891--B 2021-2022 Regular Sessions I N A S S E M B L Y January 11, 2021 ___________ Introduced by M. of A. LUPARDO, THIELE, SANTABARBARA, STECK, FAHY, WOER- NER -- Multi-Sponsored by -- M. of A. LAWLER, McDONOUGH, B. MILLER -- read once and referred to the Committee on Higher Education -- commit- tee discharged, bill amended, ordered reprinted as amended and recom- mitted to said committee -- recommitted to the Committee on Higher Education in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the business corporation law, in relation to providing for expanded ownership in design professional corporations by employee stock ownership plans and non-licensed employees THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraphs (i) and (ii) of paragraph (b-1) of section 1503 of the business corporation law, as added by chapter 550 of the laws of 2011, are amended to read as follows: (i) greater than seventy-five percent of the outstanding shares of stock of the corporation are owned by design professionals AND AN ESOP (OR ESOPS) WITH GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S VOTING TRUSTEES OR GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S COMMITTEE MEMBERS BEING DESIGN PROFESSIONALS, (ii) an ESOP, either in part or in its entirety, shall not constitute part of the greater than seventy-five percent owned by design profes- sionals UNLESS GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S VOTING TRUSTEES OR GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S COMMITTEE MEMBERS ARE DESIGN PROFESSIONALS, § 2. Subparagraphs (i) and (ii) of paragraph (b) of section 1507 of the business corporation law, as added by chapter 550 of the laws of 2011, are amended to read as follows: (i) greater than seventy-five percent of the outstanding shares of stock of the corporation are owned by design professionals AND AN ESOP EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02875-04-2
co-Sponsors
Fred Thiele
Angelo Santabarbara
Phil Steck
Patricia Fahy
multi-Sponsors
Michael Lawler
David McDonough
Brian D. Miller
2021-A1891C - Details
2021-A1891C - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1891--C 2021-2022 Regular Sessions I N A S S E M B L Y January 11, 2021 ___________ Introduced by M. of A. LUPARDO, THIELE, SANTABARBARA, STECK, FAHY, WOER- NER -- Multi-Sponsored by -- M. of A. LAWLER, McDONOUGH, B. MILLER -- read once and referred to the Committee on Higher Education -- commit- tee discharged, bill amended, ordered reprinted as amended and recom- mitted to said committee -- recommitted to the Committee on Higher Education in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- again reported from said committee with amend- ments, ordered reprinted as amended and recommitted to said committee AN ACT to amend the business corporation law, in relation to providing for expanded ownership in design professional corporations by employee stock ownership plans and non-licensed employees THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraphs (i) and (ii) of paragraph (b-1) of section 1503 of the business corporation law, as added by chapter 550 of the laws of 2011, are amended to read as follows: (i) greater than seventy-five percent of the outstanding shares of stock of the corporation are owned by design professionals AND AN ESOP (OR ESOPS) WITH GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S VOTING TRUSTEES OR GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S COMMITTEE MEMBERS BEING DESIGN PROFESSIONALS, (ii) an ESOP, either in part or in its entirety, shall not constitute part of the greater than seventy-five percent owned by design profes- sionals UNLESS GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S VOTING TRUSTEES OR GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S COMMITTEE MEMBERS ARE DESIGN PROFESSIONALS, § 2. Subparagraphs (i) and (ii) of paragraph (b) of section 1507 of the business corporation law, as added by chapter 550 of the laws of 2011, are amended to read as follows: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02875-06-2 A. 1891--C 2
co-Sponsors
Fred Thiele
Angelo Santabarbara
Phil Steck
Patricia Fahy
multi-Sponsors
Michael Lawler
David McDonough
Brian D. Miller
2021-A1891D (ACTIVE) - Details
2021-A1891D (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1891--D 2021-2022 Regular Sessions I N A S S E M B L Y January 11, 2021 ___________ Introduced by M. of A. LUPARDO, THIELE, SANTABARBARA, STECK, FAHY, WOER- NER -- Multi-Sponsored by -- M. of A. LAWLER, McDONOUGH, B. MILLER -- read once and referred to the Committee on Higher Education -- commit- tee discharged, bill amended, ordered reprinted as amended and recom- mitted to said committee -- recommitted to the Committee on Higher Education in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- again reported from said committee with amend- ments, ordered reprinted as amended and recommitted to said committee -- recommitted to the Committee on Higher Education in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the business corporation law, in relation to providing for expanded ownership in design professional corporations by employee stock ownership plans and non-licensed employees THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraphs (i) and (ii) of paragraph (b-1) of section 1503 of the business corporation law, as added by chapter 550 of the laws of 2011, are amended to read as follows: (i) greater than seventy-five percent of the outstanding shares of stock of the corporation are owned by design professionals AND AN ESOP (OR ESOPS) WITH GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S VOTING TRUSTEES OR GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S COMMITTEE MEMBERS BEING DESIGN PROFESSIONALS, (ii) an ESOP, either in part or in its entirety, shall not constitute part of the greater than seventy-five percent owned by design profes- sionals UNLESS GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S VOTING TRUSTEES OR GREATER THAN SEVENTY-FIVE PERCENT OF THE PLAN'S COMMITTEE MEMBERS ARE DESIGN PROFESSIONALS, EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02875-10-2 A. 1891--D 2
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.