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NY A10027

Bill

Status

Introduced

6/9/2014

Primary Sponsor

James Brennan

Click for details

Origin

Assembly

2013-2014 General Assembly

AI Summary

  • Amends the effective dates of provisions in Chapter 549 of the Laws of 2013 relating to charitable organization reform
  • Amendments to section 172-b of the Executive Law expire June 30, 2017, with replacement amendments taking effect July 1, 2017 and expiring June 30, 2021
  • Amendments to paragraph (a) of section 713 of the Not-for-Profit Corporation Law take effect January 1, 2015; paragraph (f) takes effect January 1, 2016
  • Exempts corporations and trusts with annual revenues under $10,000,000 from certain provisions until January 1, 2015
  • Takes effect immediately upon enactment

Legislative Description

Relates to the effectiveness of provisions of law relating to prohibiting employees of a not-for-profit corporation from serving as chair of the board.

Last Action

substituted by s7799a

6/18/2014

Committee Referrals

Rules6/16/2014
Corporations, Authorities and Commissions6/9/2014

Full Bill Text

No bill text available