|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Dec 28, 2020||committed to rules|
|Mar 02, 2020||advanced to third reading|
|Feb 27, 2020||2nd report cal.|
|Feb 26, 2020||1st report cal.504|
|Jan 24, 2020||referred to ethics and internal governance|
senate Bill S7555
Archive: Last Bill Status - In Senate Committee Rules Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S7555 (ACTIVE) - Details
S7555 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7555 SPONSOR: KAMINSKY TITLE OF BILL: An act to amend the public officers law, the public authorities law and the general municipal law, in relation to prohibiting certain persons from receiving compensation for legal fees, consulting, or other work performed for an industrial development agency, an economic assistance corporation, or from a state or local authority SUMMARY OF PROVISIONS: Section 1 of the bill amends the Public Officers Law to prohibit state- wide elected official, state officer or employee, member of the legisla- ture, legislative employee or political party chairman who owns or controls a certain percentage of a corporation or limited liability company from receiving compensation for consulting or legal services from a state or local authority. Section 2 of the bill makes a conforming amendment to the Public Author- ities Law reflecting the same prohibitions.
S7555 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7555 I N S E N A T E January 24, 2020 ___________ Introduced by Sen. KAMINSKY -- read twice and ordered printed, and when printed to be committed to the Committee on Ethics and Internal Gover- nance AN ACT to amend the public officers law, the public authorities law and the general municipal law, in relation to prohibiting certain persons from receiving compensation for legal fees, consulting, or other work performed for an industrial development agency, an economic assistance corporation, or from a state or local authority THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 18 of section 73 of the public officers law, as amended by section 5 of part CC of chapter 56 of the laws of 2015, is amended to read as follows: 18. NO STATEWIDE ELECTED OFFICIAL, STATE OFFICER OR EMPLOYEE, MEMBER OF THE LEGISLATURE, LEGISLATIVE EMPLOYEE OR POLITICAL PARTY CHAIRMAN AS DEFINED IN THIS SECTION AND SECTION SEVENTY-THREE-A OF THIS ARTICLE WHO: (I) OWNS OR CONTROLS DIRECTLY OR INDIRECTLY TEN PER CENTUM OR MORE OF STOCK IN A CORPORATION OR LIMITED LIABILITY COMPANY; OR (II) OWNS OR CONTROLS TEN PER CENTUM OR MORE OF THE CAPITAL, PROFITS, OR BENEFICIAL INTEREST IN A PARTNERSHIP OR FIRM, SHALL RECEIVE COMPENSATION FOR LEGAL FEES, CONSULTING, OR ANY OTHER CONTRACTUAL EXPENDITURE FOR SERVICES, WHETHER ACTUALLY PERFORMED OR NOT, FROM A STATE OR LOCAL AUTHORITY AS DEFINED IN SECTION TWO OF THE PUBLIC AUTHORITIES LAW. 19. In addition to any penalty contained in any other provision of law, any person who knowingly and intentionally violates the provisions of subdivisions two through five, seven, seven-a, eight, twelve or four- teen through [seventeen] EIGHTEEN of this section shall be subject to a civil penalty in an amount not to exceed forty thousand dollars and the value of any gift, compensation or benefit received in connection with such violation. Assessment of a civil penalty hereunder shall be made by the state oversight body with jurisdiction over such person. A state oversight body acting pursuant to its jurisdiction, may, in lieu of a civil penalty, with respect to a violation of subdivisions two through five, seven or eight of this section, refer a violation of any such EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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