Assembly Bill A8828

2019-2020 Legislative Session

Relates to statements by charities

download bill text pdf

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Archive: Last Bill Status - In Assembly Committee


  • 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

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2019-A8828 (ACTIVE) - Details

See Senate Version of this Bill:
S5155
Current Committee:
Assembly Governmental Operations
Law Section:
Executive Law
Laws Affected:
Amd §174-b, Exec L
Versions Introduced in 2021-2022 Legislative Session:
S1397

2019-A8828 (ACTIVE) - Summary

Provides that any solicitation on behalf of a charitable organization shall include a statement clearly stating what percentage of the charity's proceeds are applied to such charity's stated mission.

2019-A8828 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8828
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             November 25, 2019
                                ___________
 
 Introduced by M. of A. D'URSO -- read once and referred to the Committee
   on Governmental Operations
 
 AN  ACT  to amend the executive law, in relation to statements by chari-
   ties
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1.  Subdivision  2  of section 174-b of the executive law, as
 amended by chapter 373 of the laws  of  2018,  is  amended  to  read  as
 follows:
   2.  Any  solicitation used by or on behalf of any charitable organiza-
 tion shall include:
   (a) a clear description of the programs and activities  for  which  it
 has  requested  and  has  expended or will expend contributions or shall
 include therein a statement that, upon request, a person may obtain from
 the organization such a description; [and]
   (b) a statement identifying the website and telephone  number  of  the
 New  York  state  office of the attorney general where an individual can
 receive information on charitable organizations; AND
   (C) A STATEMENT CLEARLY  STATING  WHAT  PERCENTAGE  OF  THE  CHARITY'S
 PROCEEDS ARE APPLIED DIRECTLY TO SUCH CHARITY'S STATED MISSION.
   [(c)]  (D) If the solicitation is by an institution subject to article
 five-A of the not-for-profit corporation law, and is  for  an  endowment
 fund,  the  solicitation must include a statement that, unless otherwise
 restricted by the gift instrument pursuant to paragraph (b)  of  section
 five  hundred  fifty-three  of  the  not-for-profit corporation law, the
 institution may expend so much of an endowment fund as it deems  prudent
 after considering the factors set forth in paragraph (a) of section five
 hundred fifty-three of the not-for-profit corporation law.
   § 2. This act shall take effect immediately.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11002-01-9

              

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