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Assembly Bill A7243

2015-2016 Legislative Session

Relates to higher education research foundations

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Archive: Last Bill Status - In Assembly Committee

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2015-A7243 (ACTIVE) - Details

See Senate Version of this Bill:
S5246
Current Committee:
Assembly Ways And Means
Law Section:
Not-for-Profit Corporation Law
Laws Affected:
Add ยง1413, N-PC L
Versions Introduced in 2017-2018 Legislative Session:
A7795, S6539

2015-A7243 (ACTIVE) - Summary

Relates to higher education research foundations.

2015-A7243 (ACTIVE) - Bill Text download pdf 

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

                                  7243

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                             April 29, 2015
                               ___________

Introduced by M. of A. ABBATE -- Multi-Sponsored by -- M. of A. GOLDFED-
  ER  -- read once and referred to the Committee on Governmental Employ-
  ees

AN ACT to amend the not-for-profit corporation law, in relation to high-
  er education research foundations

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

  Section  1.  The not-for-profit corporation law is amended by adding a
new section 1413 to read as follows:
S 1413. HIGHER EDUCATION RESEARCH FOUNDATIONS.
    (A) FOR THE PURPOSES OF THIS SECTION,  THE  TERM  "HIGHER  EDUCATION
  RESEARCH  FOUNDATION" SHALL MEAN A NOT-FOR-PROFIT CORPORATION, COMPANY
  OR PARTNERSHIP CLOSELY AFFILIATED WITH THE  STATE  UNIVERSITY  OF  NEW
  YORK  AND  WHOSE  PURPOSES  ARE  ESSENTIALLY TO SUPPORT, SUPPLEMENT OR
  EXTEND THE FUNCTIONS AND PROGRAMS OF SUCH STATE UNIVERSITY,  INCLUDING
  WITHOUT  LIMITATION THE RESEARCH FOUNDATION OF THE STATE UNIVERSITY OF
  NEW YORK AND ITS AFFILIATED ENTITIES.
    (B) CIVIL SERVICE STATUS OF EMPLOYEES.  ANY  EMPLOYEE  OF  A  HIGHER
  EDUCATION  RESEARCH FOUNDATION SHALL BE DEEMED TO BE IN THE CLASSIFIED
  CIVIL SERVICE OR THE UNCLASSIFIED CIVIL SERVICE AS PROVIDED FOR IN THE
  CIVIL SERVICE LAW AND SHALL BE SUBJECT TO THE PROVISIONS OF THE  CIVIL
  SERVICE LAW IN THE SAME MANNER AS AN EMPLOYEE OF A DEPARTMENT OR AGEN-
  CY OF THE STATE.
  S  2. The state civil service commission may prescribe rules and regu-
lations to define permanent employees of  a  higher  education  research
foundation  as defined in section 1413 of the not-for-profit corporation
law, as added by section one of this act.
  S 3. This act shall take effect on the one hundred eightieth day after
it shall have become a law.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10511-01-5

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