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Senate Bill S7460A

2011-2012 Legislative Session

Permits psychologists to form limited liability companies

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Archive: Last Bill Status - In Senate Committee Corporations, Authorities And Commissions Committee

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Bill Amendments

2011-S7460 - Details

See Assembly Version of this Bill:
A10777
Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
Limited Liability Company Law
Laws Affected:
Amd §§1203, 1207 & 1301, Lim Lil L; amd §1503, BC L; amd §§121-1500 & 121-1502, Partn L; amd §2801, Pub Health L; amd §6530, Ed L
Versions Introduced in Other Legislative Sessions:
2013-2014: S3481, A801
2015-2016: A6925
2017-2018: A5580
2019-2020: A4227

2011-S7460 - Summary

Permits psychologists to form limited liability companies.

2011-S7460 - Sponsor Memo

2011-S7460 - Bill Text download pdf

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

                                  7460

                            I N  S E N A T E

                              May 22, 2012
                               ___________

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

AN  ACT  to amend the limited liability company law, the business corpo-
  ration law, the partnership law, the public health law and the  educa-
  tion  law,  in relation to allowing psychologists licensed under title
  VIII, article 132 of the  education  law  to  form  limited  liability
  companies

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

  Section 1. Legislative intent. This bill  would  authorize  physicians
and  psychologists  to  form  limited  liability companies, professional
corporations and partnerships with one another. In the last two decades,
practice in and among the health  professions  has  changed.  Artificial
barriers  in  current  law  prohibit  multidisciplinary practices, which
prevents physicians and other providers, including  psychologists,  from
co-owning a practice and collaborating and coordinating on patient care.
Such  restraints  should  not  prevail, as they are no longer in keeping
with best practices in modern health care which espouse the  integration
of behavioral and physical health.
  S  2. Subdivision (a) of section 1203 of the limited liability company
law, as separately amended by chapters 420 and 676 of the laws of  2002,
is amended to read as follows:
  (a)  Notwithstanding  the education law or any other provision of law,
one or more professionals each of whom is authorized by law to render  a
professional  service within the state, or one or more professionals, at
least one of whom is authorized by law to render a professional  service
within  the  state,  may  form,  or  cause  to be formed, a professional
service limited liability company for pecuniary profit under this  arti-
cle for the purpose of rendering the professional service or services as
such professionals are authorized to practice. With respect to a profes-
sional  service  limited  liability  company  formed  to provide medical
services as such services are defined in article 131  of  the  education
law,  each  member  of  such  limited liability company must be licensed

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

2011-S7460A (ACTIVE) - Details

See Assembly Version of this Bill:
A10777
Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
Limited Liability Company Law
Laws Affected:
Amd §§1203, 1207 & 1301, Lim Lil L; amd §1503, BC L; amd §§121-1500 & 121-1502, Partn L; amd §2801, Pub Health L; amd §6530, Ed L
Versions Introduced in Other Legislative Sessions:
2013-2014: S3481, A801
2015-2016: A6925
2017-2018: A5580
2019-2020: A4227

2011-S7460A (ACTIVE) - Summary

Permits psychologists to form limited liability companies.

2011-S7460A (ACTIVE) - Sponsor Memo

2011-S7460A (ACTIVE) - Bill Text download pdf

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

                                 7460--A

                            I N  S E N A T E

                              May 22, 2012
                               ___________

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

AN ACT to amend the limited liability company law, the  business  corpo-
  ration  law, the partnership law, the public health law and the educa-
  tion law, in relation to allowing psychologists licensed  under  title
  VIII,  article  153  of  the  education  law to form limited liability
  companies

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

  Section  1.  Legislative  intent. This bill would authorize physicians
and psychologists to  form  limited  liability  companies,  professional
corporations and partnerships with one another. In the last two decades,
practice  in  and  among  the health professions has changed. Artificial
barriers in current  law  prohibit  multidisciplinary  practices,  which
prevents  physicians  and other providers, including psychologists, from
co-owning a practice and collaborating and coordinating on patient care.
Such restraints should not prevail, as they are  no  longer  in  keeping
with  best practices in modern health care which espouse the integration
of behavioral and physical health.
  S 2. Subdivision (a) of section 1203 of the limited liability  company
law,  as separately amended by chapters 420 and 676 of the laws of 2002,
is amended to read as follows:
  (a) Notwithstanding the education law or any other provision  of  law,
one  or more professionals each of whom is authorized by law to render a
professional service within the state, or one or more professionals,  at
least  one of whom is authorized by law to render a professional service
within the state, may form,  or  cause  to  be  formed,  a  professional
service  limited liability company for pecuniary profit under this arti-
cle for the purpose of rendering the professional service or services as
such professionals are authorized to practice. With respect to a profes-
sional service limited  liability  company  formed  to  provide  medical
services  as  such  services are defined in article 131 of the education

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

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