Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2020 |
referred to finance |
Jun 20, 2019 |
committed to rules |
May 20, 2019 |
advanced to third reading |
May 15, 2019 |
2nd report cal. |
May 14, 2019 |
1st report cal.737 |
Apr 11, 2019 |
referred to finance |
Senate Bill S5155
2019-2020 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - In Senate Committee Finance 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
Actions
Votes
co-Sponsors
(D, WF) 18th Senate District
2019-S5155 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A8828
- Current Committee:
- Senate Finance
- Law Section:
- Executive Law
- Laws Affected:
- Amd §174-b, Exec L
- Versions Introduced in 2021-2022 Legislative Session:
-
S1397
2019-S5155 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5155 SPONSOR: BROOKS TITLE OF BILL: An act to amend the executive law, in relation to statements by charities PURPOSE: Requires charities to report the percentage of their spending that goes directly to their stated purpose on all solicitations. SUMMARY OF PROVISIONS: Section 1. amends subdivision 2 of section 174-b of the executive law to require all charities to state what percentage of their proceeds are applied directly to the charity's stated mission. Section 2 is the enacting clause. JUSTIFICATION:
2019-S5155 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5155 2019-2020 Regular Sessions I N S E N A T E April 11, 2019 ___________ Introduced by Sen. BROOKS -- read twice and ordered printed, and when printed to be committed to the Committee on Finance 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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