Bill
Bill > A07550
NY A07550
NY A07550Requires 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
05/25/2023
05/25/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
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 organizations under Section 501(c)(3) and 501(c)(4) of the Internal Revenue Code and receive more than 25% of their 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. The Department of Audit and Control will maintain a searchable public database of this information. Entities that fail to submit the required reports may face civil penalties and become ineligible for additional state funding.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
referred to governmental operations (on 01/03/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/A7550 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A07550&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A07550 |
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