Assembly Bill A2919C

2019-2020 Legislative Session

Relates to certified public accountants

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Sponsored By

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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Actions

Bill Amendments

co-Sponsors

multi-Sponsors

2019-A2919 - Details

See Senate Version of this Bill:
S3842
Current Committee:
Assembly Higher Education
Law Section:
Education Law
Laws Affected:
Amd §§1503, 1507, 1508, 1509, 1511, 1514 & 1525, BC L; amd §§121-1500, 121-1502 & 121-101, Partn L; amd §§1207 & 1301, Lim Lil L
Versions Introduced in Other Legislative Sessions:
2013-2014: A9771, S4596
2015-2016: A5964, S4672
2017-2018: A3046, A8973, S3851
2021-2022: A1938, S4221
2023-2024: S2473

2019-A2919 - Summary

Relates to certified public accountants.

2019-A2919 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2919
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 28, 2019
                                ___________
 
 Introduced by M. of A. PEOPLES-STOKES, WRIGHT, TAYLOR, JAFFEE, MAGNAREL-
   LI,  BENEDETTO,  DICKENS, ENGLEBRIGHT, RIVERA, MORINELLO, JEAN-PIERRE,
   DE LA ROSA, SEAWRIGHT, D'URSO, LAWRENCE,  COOK,  BLAKE,  L. ROSENTHAL,
   PERRY, LUPARDO, GOTTFRIED, BRONSON, LENTOL, ABBATE, RICHARDSON, DILAN,
   KIM,  MOSLEY,  CRESPO,  PHEFFER AMATO,  DINOWITZ,  RODRIGUEZ, PRETLOW,
   NIOU, ROZIC, D. ROSENTHAL, JOYNER, HUNTER, PICHARDO, SOLAGES,  HEVESI,
   HYNDMAN,  GALEF, DenDEKKER, GUNTHER, STIRPE, BUCHWALD, WOERNER, TITUS,
   CUSICK, QUART, SCHIMMINGER, FAHY, SANTABARBARA,  BICHOTTE,  WEPRIN  --
   Multi-Sponsored  by  --  M.  of  A.  BARCLAY,  CROUCH, DAVILA, GIGLIO,
   GOODELL, M. L. MILLER, THIELE -- read once and referred to the Commit-
   tee on Higher Education
 
 AN ACT to amend the education law, the  business  corporation  law,  the
   partnership  law and the limited liability company law, in relation to
   certified public accountants
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section  7408 of the education law is amended by adding a
 new subdivision 6 to read as follows:
   6. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, ANY FIRM ESTABLISHED TO
 LAWFULLY ENGAGE IN THE PRACTICE OF PUBLIC ACCOUNTANCY PURSUANT TO  ARTI-
 CLE FIFTEEN OF THE BUSINESS CORPORATION LAW, ARTICLES ONE AND EIGHT-B OF
 THE  PARTNERSHIP  LAW,  OR  ARTICLES  TWELVE AND THIRTEEN OF THE LIMITED
 LIABILITY COMPANY LAW SHALL BE DEEMED ELIGIBLE TO REGISTER  PURSUANT  TO
 THIS SECTION.
   § 2. Section 1503 of the business corporation law is amended by adding
 a new paragraph (h) to read as follows:
   (H)  ANY FIRM ESTABLISHED FOR THE BUSINESS PURPOSE OF INCORPORATING AS
 A PROFESSIONAL SERVICE CORPORATION FORMED  TO  LAWFULLY  ENGAGE  IN  THE
 PRACTICE OF PUBLIC ACCOUNTANCY, AS SUCH PRACTICE IS RESPECTIVELY DEFINED
 UNDER  ARTICLE  ONE  HUNDRED  FORTY-NINE  OF  THE EDUCATION LAW SHALL BE
 REQUIRED TO SHOW (1) THAT A SIMPLE MAJORITY  OF  THE  OWNERSHIP  OF  THE
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

co-Sponsors

multi-Sponsors

2019-A2919A - Details

See Senate Version of this Bill:
S3842
Current Committee:
Assembly Higher Education
Law Section:
Education Law
Laws Affected:
Amd §§1503, 1507, 1508, 1509, 1511, 1514 & 1525, BC L; amd §§121-1500, 121-1502 & 121-101, Partn L; amd §§1207 & 1301, Lim Lil L
Versions Introduced in Other Legislative Sessions:
2013-2014: A9771, S4596
2015-2016: A5964, S4672
2017-2018: A3046, A8973, S3851
2021-2022: A1938, S4221
2023-2024: S2473

2019-A2919A - Summary

Relates to certified public accountants.

2019-A2919A - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  2919--A
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 28, 2019
                                ___________
 
 Introduced by M. of A. PEOPLES-STOKES, WRIGHT, TAYLOR, JAFFEE, MAGNAREL-
   LI,  BENEDETTO,  DICKENS, ENGLEBRIGHT, RIVERA, MORINELLO, JEAN-PIERRE,
   DE LA ROSA, SEAWRIGHT, D'URSO, LAWRENCE,  COOK,  BLAKE,  L. ROSENTHAL,
   PERRY, LUPARDO, GOTTFRIED, BRONSON, LENTOL, ABBATE, RICHARDSON, DILAN,
   KIM,  MOSLEY,  CRESPO,  PHEFFER AMATO,  DINOWITZ,  RODRIGUEZ, PRETLOW,
   NIOU, ROZIC, D. ROSENTHAL, JOYNER, HUNTER, PICHARDO, SOLAGES,  HEVESI,
   HYNDMAN,  GALEF, DenDEKKER, GUNTHER, STIRPE, BUCHWALD, WOERNER, TITUS,
   CUSICK, QUART,  SCHIMMINGER,  FAHY,  SANTABARBARA,  BICHOTTE,  WEPRIN,
   LAVINE,   McDONALD,  CYMBROWITZ,  WALCZYK,  ROMEO,  VANEL,  ZEBROWSKI,
   WALLACE, PAULIN, EICHENSTEIN, CARROLL,  FALL,  REYES,  ORTIZ,  WALKER,
   RYAN,  FERNANDEZ,  SAYEGH,  McMAHON  -- Multi-Sponsored by -- M. of A.
   BARCLAY, CROUCH, DAVILA, GIGLIO, GOODELL, M. L. MILLER, THIELE -- read
   once and referred to the Committee on Higher  Education  --  committee
   discharged, bill amended, ordered reprinted as amended and recommitted
   to said committee
 
 AN  ACT  to  amend the business corporation law, the partnership law and
   the limited liability company law, in  relation  to  certified  public
   accountants

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 1503 of the business corporation law is amended  by
 adding a new paragraph (h) to read as follows:
   (H)  ANY FIRM ESTABLISHED FOR THE BUSINESS PURPOSE OF INCORPORATING AS
 A PROFESSIONAL SERVICE CORPORATION FORMED  TO  LAWFULLY  ENGAGE  IN  THE
 PRACTICE OF PUBLIC ACCOUNTANCY, AS SUCH PRACTICE IS RESPECTIVELY DEFINED
 UNDER  ARTICLE  ONE  HUNDRED  FORTY-NINE  OF  THE EDUCATION LAW SHALL BE
 REQUIRED TO SHOW (1) THAT A SIMPLE MAJORITY  OF  THE  OWNERSHIP  OF  THE
 FIRM,  IN  TERMS  OF  FINANCIAL INTERESTS, AND VOTING RIGHTS HELD BY THE
 FIRM'S OWNERS,  BELONGS  TO  INDIVIDUALS  LICENSED  TO  PRACTICE  PUBLIC
 ACCOUNTANCY  IN  SOME  STATE, AND (2) THAT ALL SHAREHOLDERS OF A PROFES-
 SIONAL SERVICE CORPORATION WHOSE PRINCIPAL PLACE OF BUSINESS IS IN  THIS
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

co-Sponsors

multi-Sponsors

2019-A2919B - Details

See Senate Version of this Bill:
S3842
Current Committee:
Assembly Higher Education
Law Section:
Education Law
Laws Affected:
Amd §§1503, 1507, 1508, 1509, 1511, 1514 & 1525, BC L; amd §§121-1500, 121-1502 & 121-101, Partn L; amd §§1207 & 1301, Lim Lil L
Versions Introduced in Other Legislative Sessions:
2013-2014: A9771, S4596
2015-2016: A5964, S4672
2017-2018: A3046, A8973, S3851
2021-2022: A1938, S4221
2023-2024: S2473

2019-A2919B - Summary

Relates to certified public accountants.

2019-A2919B - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  2919--B
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 28, 2019
                                ___________
 
 Introduced by M. of A. PEOPLES-STOKES, WRIGHT, TAYLOR, JAFFEE, MAGNAREL-
   LI,  BENEDETTO,  DICKENS, ENGLEBRIGHT, RIVERA, MORINELLO, JEAN-PIERRE,
   DE LA ROSA, SEAWRIGHT, D'URSO, LAWRENCE,  COOK,  BLAKE,  L. ROSENTHAL,
   PERRY, LUPARDO, GOTTFRIED, BRONSON, LENTOL, ABBATE, RICHARDSON, DILAN,
   KIM, MOSLEY, PHEFFER AMATO, DINOWITZ, RODRIGUEZ, PRETLOW, NIOU, ROZIC,
   D. ROSENTHAL,  JOYNER,  HUNTER,  PICHARDO,  SOLAGES,  HEVESI, HYNDMAN,
   GALEF, DenDEKKER, GUNTHER, STIRPE, BUCHWALD, WOERNER,  CUSICK,  QUART,
   SCHIMMINGER,  FAHY,  SANTABARBARA, BICHOTTE, WEPRIN, LAVINE, McDONALD,
   CYMBROWITZ, WALCZYK, VANEL, ZEBROWSKI, WALLACE,  PAULIN,  EICHENSTEIN,
   CARROLL, FALL, REYES, ORTIZ, WALKER, RYAN, FERNANDEZ, SAYEGH, McMAHON,
   BARNWELL,  BARRETT,  BUTTENSCHON,  ARROYO,  COLTON,  BARRON,  DARLING,
   BRAUNSTEIN, STERN, CAHILL, GRIFFIN, RAMOS, JONES, BURKE -- Multi-Spon-
   sored by --  M.  of  A.  BARCLAY,  CROUCH,  DAVILA,  GIGLIO,  GOODELL,
   M. L. MILLER,  THIELE  --  read  once and referred to the Committee on
   Higher  Education  --  committee  discharged,  bill  amended,  ordered
   reprinted  as amended and recommitted to said committee -- recommitted
   to the Committee on Higher Education in accordance with Assembly  Rule
   3,  sec. 2 -- committee discharged, bill amended, ordered reprinted as
   amended and recommitted to said committee
 
 AN ACT to amend the business corporation law, the  partnership  law  and
   the  limited  liability  company  law, in relation to certified public
   accountants
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Section 1503 of the business corporation law is amended by
 adding a new paragraph (h) to read as follows:
   (H) ANY FIRM ESTABLISHED FOR THE BUSINESS PURPOSE OF INCORPORATING  AS
 A  PROFESSIONAL  SERVICE  CORPORATION  FORMED  TO LAWFULLY ENGAGE IN THE
 PRACTICE OF PUBLIC ACCOUNTANCY, AS SUCH PRACTICE IS RESPECTIVELY DEFINED
 UNDER ARTICLE ONE HUNDRED FORTY-NINE  OF  THE  EDUCATION  LAW  SHALL  BE
 REQUIRED  TO  SHOW  (1)  THAT  A SIMPLE MAJORITY OF THE OWNERSHIP OF THE
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

co-Sponsors

multi-Sponsors

2019-A2919C (ACTIVE) - Details

See Senate Version of this Bill:
S3842
Current Committee:
Assembly Higher Education
Law Section:
Education Law
Laws Affected:
Amd §§1503, 1507, 1508, 1509, 1511, 1514 & 1525, BC L; amd §§121-1500, 121-1502 & 121-101, Partn L; amd §§1207 & 1301, Lim Lil L
Versions Introduced in Other Legislative Sessions:
2013-2014: A9771, S4596
2015-2016: A5964, S4672
2017-2018: A3046, A8973, S3851
2021-2022: A1938, S4221
2023-2024: S2473

2019-A2919C (ACTIVE) - Summary

Relates to certified public accountants.

2019-A2919C (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  2919--C
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 28, 2019
                                ___________
 
 Introduced by M. of A. PEOPLES-STOKES, WRIGHT, TAYLOR, JAFFEE, MAGNAREL-
   LI,  BENEDETTO,  DICKENS, ENGLEBRIGHT, RIVERA, MORINELLO, JEAN-PIERRE,
   DE LA ROSA, SEAWRIGHT, D'URSO, LAWRENCE,  COOK,  BLAKE,  L. ROSENTHAL,
   PERRY, LUPARDO, GOTTFRIED, BRONSON, LENTOL, ABBATE, RICHARDSON, DILAN,
   KIM, MOSLEY, PHEFFER AMATO, DINOWITZ, RODRIGUEZ, PRETLOW, NIOU, ROZIC,
   D. ROSENTHAL,  JOYNER,  HUNTER,  PICHARDO,  SOLAGES,  HEVESI, HYNDMAN,
   GALEF, DenDEKKER, GUNTHER, STIRPE, BUCHWALD, WOERNER,  CUSICK,  QUART,
   SCHIMMINGER,  FAHY,  SANTABARBARA, BICHOTTE, WEPRIN, LAVINE, McDONALD,
   CYMBROWITZ, WALCZYK, VANEL, ZEBROWSKI, WALLACE,  PAULIN,  EICHENSTEIN,
   CARROLL, FALL, REYES, ORTIZ, WALKER, RYAN, FERNANDEZ, SAYEGH, McMAHON,
   BARNWELL,  BARRETT,  BUTTENSCHON,  ARROYO,  COLTON,  BARRON,  DARLING,
   BRAUNSTEIN, STERN, CAHILL, GRIFFIN, RAMOS, JONES, BURKE -- Multi-Spon-
   sored by --  M.  of  A.  BARCLAY,  CROUCH,  DAVILA,  GIGLIO,  GOODELL,
   M. L. MILLER,  THIELE  --  read  once and referred to the Committee on
   Higher  Education  --  committee  discharged,  bill  amended,  ordered
   reprinted  as amended and recommitted to said committee -- recommitted
   to the Committee on Higher Education in accordance with Assembly  Rule
   3,  sec. 2 -- committee discharged, bill amended, ordered reprinted as
   amended and recommitted to said committee -- again reported from  said
   committee  with amendments, ordered reprinted as amended and recommit-
   ted to said committee
 
 AN ACT to amend the business corporation law, the  partnership  law  and
   the  limited  liability  company  law, in relation to certified public
   accountants
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Section 1503 of the business corporation law is amended by
 adding a new paragraph (h) to read as follows:
   (H) ANY FIRM ESTABLISHED FOR THE BUSINESS PURPOSE OF INCORPORATING  AS
 A  PROFESSIONAL  SERVICE  CORPORATION  FORMED  TO LAWFULLY ENGAGE IN THE
 PRACTICE OF PUBLIC ACCOUNTANCY, AS SUCH PRACTICE IS RESPECTIVELY DEFINED
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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