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NY S07799
Bill
Status
Passed
6/30/2014
Primary Sponsor
Michael Ranzenhofer
Click for details
AI Summary
- Amends chapter 549 of the laws of 2013 to modify effective dates for various charitable organization reform provisions in the executive law and not-for-profit corporation law
- Amendments to section 172-b of the executive law made by section three take effect July 1, 2014 and expire June 30, 2017
- Amendments to section 172-b made by section three-a take effect July 1, 2017 and expire June 30, 2021; amendments made by section three-b take effect July 1, 2021
- Amendments to section 713 of the not-for-profit corporation law paragraph (a) take effect January 1, 2015, with paragraph (f) taking effect January 1, 2016
- Exempts corporations and trusts with annual revenues under $10 million from applicability of certain provisions until January 1, 2015
Legislative Description
Relates to the effectiveness of provisions relating to prohibiting employees of a not-for-profit corporation from serving as chair of the board.
Last Action
SIGNED CHAP.81
6/30/2014
Committee Referrals
Rules6/17/2014
Corporations, Authorities and Commissions6/10/2014
Full Bill Text
No bill text available