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NY S08579

Bill

Status

Introduced

5/10/2018

Primary Sponsor

Brad Hoylman-Sigal

Click for details

Origin

Senate

2017-2018 General Assembly

AI Summary

  • Amends Public Authorities Law Section 2562 to change the quorum requirement for the New York Convention Center Operating Corporation board of directors from "whole number of members" to "appointed voting membership"

  • Replaces the definition of "whole number" (which counted positions as if there were no vacancies or disqualifications) with actual appointed voting members present

  • Maintains the requirement that a majority of the board constitute a quorum for conducting business and exercising corporate powers

  • Continues the prohibition on proxy voting at board meetings

  • Takes effect immediately upon enactment

Legislative Description

Relates to the determination of a quorum for the transaction of business of the New York convention center operating corporation.

Last Action

SUBSTITUTED BY A10685

6/19/2018

Committee Referrals

Rules6/19/2018
Corporations, Authorities and Commissions5/10/2018

Full Bill Text

No bill text available
NY S 08579 - Introduced | New York 2017 Bill | Vulcan Bills