senate Bill S3481

2013-2014 Legislative Session

Permits psychologists to form limited liability companies

download bill text pdf

Sponsored By

Archive: Last Bill Status -

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

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view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to corporations, authorities and commissions
Feb 04, 2013 referred to corporations, authorities and commissions


S3481 - Details

See Assembly Version of this Bill:
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 2011-2012 Legislative Session:
S7460A, A10777

S3481 - Summary

Permits psychologists to form limited liability companies.

S3481 - Sponsor Memo

S3481 - Bill Text download pdf

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


                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            February 4, 2013

Introduced by Sens. RANZENHOFER, SAVINO -- read twice and ordered print-
  ed, 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 153 of the  education  law  to  form  limited  liability


  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-

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


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