Bill > A04695

This bill proposes an amendment to the not-for-profit corporation law that requires any not-for-profit organization seeking state funding to have a board of directors that demographically reflects the ethnic composition of the communities they serve. Specifically, the bill adds a new provision to Section 701 of the not-for-profit corporation law stating that corporations cannot receive state funds unless their board of directors' ethnic makeup mirrors the ethnic demographics of the communities they work in. The legislation will go into effect one year after becoming law, which provides not-for-profit organizations time to adjust their board composition to comply with the new requirement. The goal of this bill appears to be promoting diversity and ensuring that governing boards are representative of the populations they serve, particularly for organizations receiving public funding. By mandating this demographic representation, the bill aims to increase inclusivity and potentially improve decision-making by bringing more diverse perspectives into leadership roles.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A4695