Assembly Bill A715A

2023-2024 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 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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Bill Amendments

co-Sponsors

multi-Sponsors

2023-A715 - Details

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
2021-2022: A3526

2023-A715 - Summary

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

2023-A715 - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    715
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 11, 2023
                                ___________
 
 Introduced  by M. of A. PEOPLES-STOKES, BENEDETTO, STECK, THIELE, LUPAR-
   DO, WOERNER, STIRPE, BUTTENSCHON -- 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.
                                                            LBD00062-01-3
              

co-Sponsors

multi-Sponsors

2023-A715A (ACTIVE) - Details

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
2021-2022: A3526

2023-A715A (ACTIVE) - Summary

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

2023-A715A (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  715--A
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 11, 2023
                                ___________
 
 Introduced  by M. of A. PEOPLES-STOKES, BENEDETTO, STECK, THIELE, LUPAR-
   DO, WOERNER, STIRPE, BUTTENSCHON, McDONALD -- Multi-Sponsored by -- M.
   of A.  FITZPATRICK -- read once and referred to the Committee on High-
   er Education -- committee discharged, bill amended, ordered  reprinted
   as amended and recommitted to said committee

 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, 156, OR 167 OR SUBDIVISION 3 OF SECTION
 6902 OF ARTICLE 139 OF THE EDUCATION  LAW  MAY  FORM,  OR  CAUSE  TO  BE
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD00062-04-3
              

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