Loading chat...

NY S05286

Bill

Status

Engrossed

6/7/2023

Primary Sponsor

Kevin Parker

Click for details

Origin

Senate

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
  • Amends Executive Law by adding new Section 172-g

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

5/16/2024

Committee Referrals

Governmental Operations5/16/2024
Finance1/3/2024
Governmental Operations6/7/2023
Finance3/1/2023

Full Bill Text

No bill text available