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NY A10929
Bill
Status
Introduced
8/17/2020
Primary Sponsor
Pamela Hunter
Click for details
AI Summary
- Amends the Not-for-Profit Corporation Law by adding a new requirement to Section 701
- Prohibits not-for-profit corporations from accepting state funds unless their board of directors reflects the ethnic demographics of the communities they serve
- Takes effect one year after the bill becomes law
- Introduced by the Committee on Rules on August 17, 2020
Legislative Description
Requires not-for-profit corporations have a board of directors which reflects the ethnic demographics of the communities that they serve to be able to receive state funds.
Last Action
referred to corporations, authorities and commissions
8/17/2020
Committee Referrals
Corporations, Authorities and Commissions8/17/2020
Full Bill Text
No bill text available