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Bill > A00156


NY A00156

NY A00156
Requires tax exempt organizations to report on moneys spent on judgments and settlements regarding harassment, assault or abuse allegations against its officers, directors, employees, agents and trustees.


summary

Introduced
01/06/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

AN ACT to amend the estates, powers and trusts law and the executive law, in relation to requiring not-for-profit and exempt organizations and trustees to report annually whether or not moneys were spent to pay judgments or settle accusations related to harassment, assault or abuse allegedly committed by officers, directors, employees or agents of the organizations or trustees

AI Summary

This bill requires tax-exempt organizations and trustees to report annually whether they spent any funds to pay judgments or settlements related to allegations of sexual harassment, sexual assault, or child abuse committed by their officers, directors, employees, or agents. The bill amends the Estates, Powers and Trusts Law and the Executive Law to impose this reporting requirement, with failure to file or timely file the required disclosure statement subject to the same fines and penalties applicable to failure to file an organization's annual financial report.

Committee Categories

Justice

Sponsors (2)

Last Action

enacting clause stricken (on 04/05/2022)

bill text


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