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Bill > S06421


NY S06421

NY S06421
Requires disclosure to the department of audit and control of annual employment reports for non-charitable, non-profit entities that are qualified as an exempt organization or entity by the United States Treasury under I.R.C. 501(c)(3) and (4) and that receives more than twenty-five percent of their total annual revenue from state funds.


summary

Introduced
04/19/2023
In Committee
01/03/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the executive law, in relation to disclosure of annual employment reports for certain non-charitable, non-profit entities

AI Summary

This bill requires non-charitable, non-profit entities that are qualified as tax-exempt under Sections 501(c)(3) and 501(c)(4) of the Internal Revenue Code and receive more than 25% of their total annual revenue from state funds to submit annual employment reports to the Department of Audit and Control. The reports must include the names and number of employees, the number of hours worked, and the annual salaries paid. The reports must be submitted electronically in a searchable format, and the Department must maintain a publicly available database of the information. Entities that fail to submit the required report may face civil penalties and become ineligible for additional state funding.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

REFERRED TO FINANCE (on 01/03/2024)

bill text


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