assembly Bill A3526

2021-2022 Legislative Session

Authorizes certain licensed health service professionals to form limited liability companies

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Sponsored By

Current Bill Status - In Assembly Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 05, 2022 referred to higher education
Jan 27, 2021 referred to higher education

Co-Sponsors

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Multi-Sponsors

A3526 (ACTIVE) - Details

See Senate Version of this Bill:
S6872
Current Committee:
Assembly Higher Education
Law Section:
Limited Liability Company Law
Laws Affected:
Amd §§1203, 1207 & 1301, Lim Lil L; amd §1503, BC L; amd §§121-1500 & 121-1502, Partn L; amd §§6509-a, 6530 & 6531, Ed L; amd §2801, Pub Health L
Versions Introduced in Other Legislative Sessions:
2015-2016: A8153
2017-2018: A1943
2019-2020: A6377, S6128

A3526 (ACTIVE) - Summary

Authorizes certain licensed health service professionals to form limited liability companies.

A3526 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3526
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 27, 2021
                                ___________
 
 Introduced  by  M.  of  A.  PEOPLES-STOKES, BENEDETTO, STECK, O'DONNELL,
   THIELE, LUPARDO, GOTTFRIED, WOERNER, RODRIGUEZ,  STIRPE,  BUTTENSCHON,
   GRIFFIN -- Multi-Sponsored by -- M. of A. FITZPATRICK -- read once and
   referred to the Committee on Higher Education
 
 AN  ACT  to amend the limited liability company law, the business corpo-
   ration law, the partnership law, the  education  law  and  the  public
   health  law,  in  relation  to  authorizing  certain  licensed  health
   services professionals to form limited liability companies
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivision  (a) of section 1203 of the limited liability
 company law, as amended by chapter 475 of the laws of 2014,  is  amended
 to read as follows:
   (a)  Notwithstanding  the education law or any other provision of law,
 one or more professionals each of whom is authorized by law to render  a
 professional  service within the state, or one or more professionals, at
 least one of whom is authorized by law to render a professional  service
 within  the  state,  may  form,  or  cause  to be formed, a professional
 service limited liability company for pecuniary profit under this  arti-
 cle for the purpose of rendering the professional service or services as
 such professionals are authorized to practice. With respect to a profes-
 sional  service  limited  liability  company  formed  to provide medical
 services as such services are defined in article 131  of  the  education
 law,  each  member  of  such  limited liability company must be licensed
 pursuant to article 131 of the education law  to  practice  medicine  in
 this  state.    NOTWITHSTANDING ANY OTHER PROVISION OF THIS SECTION, ANY
 PERSON LICENSED PURSUANT TO ARTICLE 131 OF THE EDUCATION LAW TO PRACTICE
 MEDICINE AND ANY PERSON LICENSED PURSUANT TO  ARTICLES  132,  137,  140,
 141,  143, 144, 153, 154, 155 OR 156 OR SUBDIVISION 3 OF SECTION 6902 OF
 ARTICLE 139 OF THE EDUCATION LAW MAY FORM, OR  CAUSE  TO  BE  FORMED,  A
 PROFESSIONAL SERVICE LIMITED LIABILITY COMPANY TO PROVIDE MULTIDISCIPLI-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.