Senate Bill S5971

2021-2022 Legislative Session

Relates to requiring certain not-for-profit corporations have a board of directors which reflects the ethnic demographics of the communities that they serve

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Corporations, Authorities And Commissions 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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2021-S5971 (ACTIVE) - Details

See Assembly Version of this Bill:
A3620
Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
Not-for-Profit Corporation Law
Laws Affected:
Amd §701, N-PC L
Versions Introduced in Other Legislative Sessions:
2019-2020: S8873, A10929
2023-2024: S7183, A753

2021-S5971 (ACTIVE) - Summary

Requires not-for-profit corporations have a board of directors which reflects the ethnic demographics of the communities that they serve to be able to receive state funds.

2021-S5971 (ACTIVE) - Sponsor Memo

2021-S5971 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5971
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                              March 24, 2021
                                ___________
 
 Introduced  by  Sen.  PARKER -- read twice and ordered printed, 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
   requiring certain not-for-profit corporations have a board  of  direc-
   tors  which  reflects  the ethnic demographics of the communities that
   they serve
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section  701  of  the  not-for-profit  corporation law is
 amended by adding a new paragraph (c) to read as follows:
   (C) NO CORPORATION SHALL ACCEPT STATE FUNDS UNLESS THE BOARD OF DIREC-
 TORS OF SUCH CORPORATION CONSISTS OF DIRECTORS WHICH REFLECT THE  ETHNIC
 DEMOGRAPHICS OF THE COMMUNITIES THAT SUCH CORPORATION SERVES.
   §  2. This act shall take effect one year after it shall have become a
 law.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05963-01-1



              

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