Bill > A07164

This bill prohibits charitable organizations registered in New York from using any charitable donations to pay for confidentiality agreements or closed settlement agreements. Specifically, the bill defines these agreements as any private or court-ordered resolution that limits the disclosure of information about the agreement. The legislation means that if a charitable organization receives donations from donors, it cannot use those funds to cover payments related to legal settlements that include provisions preventing the public disclosure of details about the settlement. This prevents charitable organizations from using donor money to potentially hide misconduct or controversial actions through legal settlements that keep information secret. The bill would take effect immediately and apply to all agreements and proposed agreements entered into on or after its effective date, effectively creating a new transparency requirement for charitable organizations in New York State.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A7164