senate Bill S2932A

2011-2012 Legislative Session

Authorizes physicians, optometrists and ophthalmic dispensers to establish professional service corporations, limited liability companies and registered partnerships

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Archive: Last Bill Status - In Committee


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

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Actions

view actions (4)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 27, 2012 print number 2932a
amend and recommit to corporations, authorities and commissions
Jan 04, 2012 referred to corporations, authorities and commissions
Feb 03, 2011 referred to corporations, authorities and commissions

Bill Amendments

Original
A (Active)
Original
A (Active)

S2932 - Details

See Assembly Version of this Bill:
A58A
Current Committee:
Law Section:
Business Corporation Law
Laws Affected:
Amd §§1503 & 1529, BC L; amd §§1203, 1207 & 1301, Lim Lil L; amd §§121-1500 & 121-1502, Partn L
Versions Introduced in 2009-2010 Legislative Session:
S3101, A5879

S2932 - Summary

Authorizes physicians, optometrists and ophthalmic dispensers to join together to establish professional service corporations, limited liability companies and registered limited liability partnerships.

S2932 - Sponsor Memo

S2932 - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  2932

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            February 3, 2011
                               ___________

Introduced  by  Sen. JOHNSON -- read twice and ordered printed, and when
  printed to be committed to the Committee on Corporations,  Authorities
  and Commissions

AN  ACT  to  amend  the  business corporation law, the limited liability
  company law and  the  partnership  law,  in  relation  to  authorizing
  certain health care providers to form professional service entities

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

  Section 1. Paragraph (a) of section 1503 of the  business  corporation
law,  as added by chapter 974 of the laws of 1970, is amended to read as
follows:
  (a) Notwithstanding any other provision of law, one or  more  individ-
uals  duly  authorized  by  law  to render the same professional service
within the state may organize, or cause to be organized, a  professional
service  corporation  for  pecuniary  profit  under this article for the
purpose of rendering the same professional  service,  [except]  PROVIDED
that  one or more individuals duly authorized by law to practice profes-
sional engineering, architecture, landscape architecture or land survey-
ing within the state may organize, or cause to be organized,  a  profes-
sional  service  corporation for pecuniary profit under this article for
the purpose of rendering such professional services as such  individuals
are  authorized  to  practice,  AND,  FURTHER, PROVIDED THAT ONE OR MORE
INDIVIDUALS DULY LICENSED BY LAW TO PRACTICE MEDICINE AND WHO ARE CERTI-
FIED BY THE AMERICAN BOARD OF OPHTHALMOLOGY, AND INDIVIDUALS LICENSED BY
LAW TO PRACTICE OPTOMETRY AND/OR OPHTHALMIC DISPENSING WITHIN THE  STATE
MAY  ORGANIZE,  OR  CAUSE TO BE ORGANIZED, A PROFESSIONAL SERVICE CORPO-
RATION FOR PECUNIARY PROFIT  UNDER  THIS  ARTICLE  FOR  THE  PURPOSE  OF
RENDERING  PROFESSIONAL  SERVICES  AS SUCH INDIVIDUALS ARE AUTHORIZED TO
PRACTICE.
  S 2. Section 1529 of the business corporation law, as amended by chap-
ter 576 of the laws of 1994, is amended to read as follows:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01173-01-1

S2932A (ACTIVE) - Details

See Assembly Version of this Bill:
A58A
Current Committee:
Law Section:
Business Corporation Law
Laws Affected:
Amd §§1503 & 1529, BC L; amd §§1203, 1207 & 1301, Lim Lil L; amd §§121-1500 & 121-1502, Partn L
Versions Introduced in 2009-2010 Legislative Session:
S3101, A5879

S2932A (ACTIVE) - Summary

Authorizes physicians, optometrists and ophthalmic dispensers to join together to establish professional service corporations, limited liability companies and registered limited liability partnerships.

S2932A (ACTIVE) - Sponsor Memo

S2932A (ACTIVE) - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 2932--A

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            February 3, 2011
                               ___________

Introduced  by  Sen. JOHNSON -- read twice and ordered printed, and when
  printed to be committed to the Committee on Corporations,  Authorities
  and  Commissions  --  recommitted  to  the  Committee on Corporations,
  Authorities and Commissions in accordance with Senate Rule 6,  sec.  8
  --  committee  discharged,  bill amended, ordered reprinted as amended
  and recommitted to said committee

AN ACT to amend the business  corporation  law,  the  limited  liability
  company  law  and  the  partnership  law,  in  relation to authorizing
  certain health care providers to form professional service entities

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

  Section  1.  Paragraph (a) of section 1503 of the business corporation
law, as amended by chapter 550 of the laws of 2011, is amended  to  read
as follows:
  (a)  Notwithstanding  any other provision of law, one or more individ-
uals duly authorized by law to  render  the  same  professional  service
within  the state may organize, or cause to be organized, a professional
service corporation for pecuniary profit  under  this  article  for  the
purpose  of  rendering  the same professional service, [except] PROVIDED
that one or more individuals duly authorized by law to practice  profes-
sional engineering, architecture, landscape architecture or land survey-
ing  within  the state may organize, or cause to be organized, a profes-
sional service corporation or a design professional service  corporation
for  pecuniary  profit  under  this article for the purpose of rendering
such professional services as such individuals are authorized  to  prac-
tice,  AND, FURTHER, PROVIDED THAT ONE OR MORE INDIVIDUALS DULY LICENSED
BY LAW TO PRACTICE MEDICINE AND WHO ARE CERTIFIED BY THE AMERICAN  BOARD
OF  OPHTHALMOLOGY, AND INDIVIDUALS LICENSED BY LAW TO PRACTICE OPTOMETRY
AND/OR OPHTHALMIC DISPENSING WITHIN THE STATE MAY ORGANIZE, OR CAUSE  TO
BE  ORGANIZED,  A  PROFESSIONAL SERVICE CORPORATION FOR PECUNIARY PROFIT

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01173-02-2

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