Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 06, 2025 |
referred to cities |
Assembly Bill A6573
2025-2026 Legislative Session
Sponsored By
RAJKUMAR
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
Actions
2025-A6573 (ACTIVE) - Details
- Current Committee:
- Assembly Cities
- Law Section:
- New York City Charter
- Laws Affected:
- Amd §332, NYC Chart
2025-A6573 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6573 2025-2026 Regular Sessions I N A S S E M B L Y March 6, 2025 ___________ Introduced by M. of A. RAJKUMAR -- read once and referred to the Commit- tee on Cities AN ACT to amend the New York city charter, in relation to the timely payment of not-for-profit organizations pursuant to procurement contracts with the city of New York THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Short title. This act shall be known and may be cited as the "get nonprofits paid act". § 2. Section 332 of the New York city charter is amended by adding two new subdivisions c and d to read as follows: C. NOTWITHSTANDING ANY PROVISION OF THIS SECTION TO THE CONTRARY, PAYMENTS PURSUANT TO CONTRACTS WITH NOT-FOR-PROFIT ORGANIZATIONS SHALL BE MADE PROMPTLY IN ACCORDANCE WITH THE TERMS OF SUCH CONTRACTS AND WITHIN THIRTY DAYS, EXCLUDING LEGAL HOLIDAYS, FROM THE EXECUTION AND FILING OF SUCH CONTRACT WITH THE COMPTROLLER. D. THE PAYMENT TIME FRAMES SET FORTH IN SUBDIVISION C OF THIS SECTION MAY BE WAIVED IF THE CITY COMPTROLLER CAN PROVIDE THE NOT-FOR-PROFIT CONTRACTOR WITH A NON-INTEREST BEARING SHORT-TERM LOAN THROUGH THE RETURNABLE GRANT FUND OR OTHER FINANCIAL INSTITUTION; OR IN EXECUTION OF EMERGENCY MEASURES WHENEVER THE MAYOR, PURSUANT TO SECTION 3-104 OF THE ADMINISTRATIVE CODE OF THE CITY OF NEW YORK, DECLARES THAT A STATE OF EMERGENCY EXISTS. ANY NOT-FOR-PROFIT ORGANIZATION RECEIVING A LOAN UNDER THIS SUBDIVISION SHALL BE INELIGIBLE TO RECEIVE INTEREST AND SHALL BE INELIGIBLE TO RECEIVE ADVANCE PAYMENTS ON SUCH CONTRACT. § 3. This act shall take effect three years after it shall have become a law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10522-01-5
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