Bill > A07206

This bill requires tax-exempt organizations, including trustees and charitable organizations, to annually disclose to the Attorney General whether they have 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. Organizations already required to file annual financial reports can include this disclosure as part of their existing reporting. The disclosure must be made under penalty of perjury, and failure to file or timely file the statement will subject the organization to the same fines and penalties as those for failing to file an annual financial report. The bill applies to a wide range of organizations, including those currently exempt from standard reporting requirements, though its application could be challenged if found unconstitutional by a court. The law will take effect 120 days after becoming law, and the Attorney General is authorized to prepare necessary implementation rules in the meantime.

Justice

https://www.nysenate.gov/legislation/bills/2025/A7206