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NY A10368

Bill

Official Source

Status

Introduced

5/21/2024

Primary Sponsor

Rodneyse Bichotte Hermelyn

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Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Prohibits charitable organizations registered in New York from using charitable donations to fund payments required by confidentiality agreements or closed settlement agreements.
  • Defines "confidentiality agreement" or "closed settlement agreement" as any private or court-ordered agreement that limits possession, disclosure, or dissemination of information about the agreement's terms.
  • Takes effect immediately and applies to all agreements and proposed agreements entered into on or after the effective date.

Legislative Description

Prohibits a charitable organization from using any charitable donations that the charitable organization receives to make any sort of payment that arises as a term of a confidentiality agreement or closed settlement agreement.

Last Action

referred to governmental operations

5/21/2024

Committee Referrals

Governmental Operations5/21/2024

Full Bill Text

No bill text available