Bill Text: NY S05183 | 2017-2018 | General Assembly | Introduced

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Bill Title: Makes certain provisions permanent relating to filing financial reports by certain registered charitable organizations.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2017-06-29 - SIGNED CHAP.78 [S05183 Detail]

Download: New_York-2017-S05183-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          5183
                               2017-2018 Regular Sessions
                    IN SENATE
                                     March 10, 2017
                                       ___________
        Introduced  by  Sen.  RANZENHOFER -- read twice and ordered printed, and
          when printed to be committed to the Committee on Corporations, Author-
          ities and Commissions
        AN ACT to amend the non-profit revitalization act of 2013,  in  relation
          to  making  certain  provisions permanent relating to filing financial
          reports by certain registered charitable organizations
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section 1. Section 132 of chapter 549 of the laws of 2013 constituting
     2  the  non-profit revitalization act of 2013, as amended by chapter 388 of
     3  the laws of 2015, is amended to read as follows:
     4    § 132. This act shall take effect July  1,  2014,  provided,  however,
     5  that  the  amendments  to  subdivisions  1 and 2 of section 172-b of the
     6  executive law made by section three of this  act  shall  expire  and  be
     7  deemed  repealed  June 30, 2017; provided further that the amendments to
     8  section 172-b of the executive law made by section three-a of  this  act
     9  shall  take  effect July 1, 2017 and shall expire and be deemed repealed
    10  June 30, 2021; provided further that the amendments to section 172-b  of
    11  the  executive law made by section three-b of this act shall take effect
    12  July 1, 2021; provided further that the amendments to paragraph  (a)  of
    13  section 713 of the not-for-profit corporation law made by section seven-
    14  ty-three of this act shall take effect January 1, 2015; provided further
    15  that  paragraph (f) of section 713 of the not-for-profit corporation law
    16  added by section seventy-three of this act shall take effect January  1,
    17  2017;  provided  further  that section seventy-two of this act and para-
    18  graph (b) of section 8-1.9 of the estates,  powers  and  trusts  law  as
    19  added  by section one hundred thirty of this act shall not be applicable
    20  until January 1, 2015 for any  corporation  or  trust  that  had  annual
    21  revenues  of less than 10,000,000 dollars in the last fiscal year ending
    22  prior to January 1, 2014.
    23    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD10211-01-7