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NY S08873
Bill
Status
Introduced
8/3/2020
Primary Sponsor
Kevin Parker
Click for details
AI Summary
- Amends the Not-for-Profit Corporation Law to add Section 701(c), requiring not-for-profit corporations to have boards of directors that reflect the ethnic demographics of the communities they serve in order to accept state funds
- Applies to all not-for-profit corporations receiving state funding
- Becomes effective one year after enactment
- Introduced by Senator Parker on August 3, 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 RULES
8/3/2020
Committee Referrals
Rules8/3/2020
Full Bill Text
No bill text available