|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Nov 08, 2019||signed chap.445|
|Oct 28, 2019||delivered to governor|
|Apr 08, 2019||returned to assembly|
3rd reading cal.287
substituted for s2267
|Apr 08, 2019||substituted by a433|
|Mar 14, 2019||advanced to third reading|
|Mar 13, 2019||2nd report cal.|
|Mar 12, 2019||1st report cal.287|
|Jan 23, 2019||referred to corporations, authorities and commissions|
senate Bill S2267Signed By Governor
Current Bill Status Via A433 - Signed by Governor
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed by Governor
S2267 (ACTIVE) - Details
S2267 (ACTIVE) - Sponsor Memo
BILL NUMBER: S2267 SPONSOR: COMRIE TITLE OF BILL: An act to amend the not-for-profit corporation law, in relation to the regulation of key persons PURPOSE: To add key persons to the list of persons to whom certain policies apply. SUMMARY OF PROVISIONS: Section 1 amends subparagraph 715-b (b)(4) of NFP Corporations Law to add "key person" to the list of individuals subject to the provisions of that section. Section 2 amends NFP Corporations Law section 716 to add "key person" to the list of persons subject to the provisions of that section.
S2267 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2267 2019-2020 Regular Sessions I N S E N A T E January 23, 2019 ___________ Introduced by Sens. COMRIE, RANZENHOFER -- 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 not-for-profit corporation law, in relation to the regulation of key persons THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (a) and subparagraph 4 of paragraph (b) of section 715-b of the not-for-profit corporation law, as amended by chap- ter 466 of the laws of 2016, are amended to read as follows: (a) Except as provided in paragraph (c) of this section, the board of every corporation that has twenty or more employees and in the prior fiscal year had annual revenue in excess of one million dollars shall adopt, and oversee the implementation of, and compliance with, a whist- leblower policy to protect from retaliation persons who report suspected improper conduct. Such policy shall provide that no director, officer, KEY PERSON, employee or volunteer of a corporation who in good faith reports any action or suspected action taken by or within the corpo- ration that is illegal, fraudulent or in violation of any adopted policy of the corporation shall suffer intimidation, harassment, discrimination or other retaliation or, in the case of employees, adverse employment consequence. (4) A requirement that a copy of the policy be distributed to all directors, officers, KEY PERSONS, employees and to volunteers who provide substantial services to the corporation. For purposes of this subdivision, posting the policy on the corporation's website or at the corporation's offices in a conspicuous location accessible to employees and volunteers are among the methods a corporation may use to satisfy the distribution requirement. § 2. Section 716 of the not-for-profit corporation law, as amended by chapter 549 of the laws of 2013, is amended to read as follows: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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