Senate Bill S3464

2017-2018 Legislative Session

Prohibits charitable organizations from using charitable donations for confidentiality agreements or closed settlement agreements

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Finance Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2017-S3464 (ACTIVE) - Details

Current Committee:
Senate Finance
Law Section:
Executive Law
Laws Affected:
Add §172-g, Exec L
Versions Introduced in Other Legislative Sessions:
2009-2010: S1343
2011-2012: S1236
2013-2014: S829
2015-2016: S1819
2019-2020: S4617
2021-2022: S5019
2023-2024: S5286

2017-S3464 (ACTIVE) - Summary

Prohibits a charitable organization from using any charitable donations that the charitable organization receives to make any sort of payment that arises as a term of a confidentiality agreement or closed settlement agreement.

2017-S3464 (ACTIVE) - Sponsor Memo

2017-S3464 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3464
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                             January 23, 2017
                                ___________
 
 Introduced by Sens. PARKER, DILAN -- read twice and ordered printed, and
   when printed to be committed to the Committee on Finance
 
 AN ACT to amend the executive law, in relation to prohibiting charitable
   organizations registered in the state of New York from using any char-
   itable  donations  for confidentiality agreements or closed settlement
   agreements
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. The executive law is amended by adding a new section 172-g
 to read as follows:
   § 172-G. PROHIBITS ANY CHARITABLE ORGANIZATION FROM  USING  CHARITABLE
 DONATIONS  FOR  CONFIDENTIALITY  AGREEMENTS  OR CLOSED SETTLEMENT AGREE-
 MENTS. 1. ANY CHARITABLE ORGANIZATION REGISTERED IN  THE  STATE  OF  NEW
 YORK  SHALL  BE  PROHIBITED  FROM USING ANY CHARITABLE DONATION THAT THE
 CHARITABLE ORGANIZATION RECEIVES TO MAKE ANY SORT OF PAYMENT THAT ARISES
 AS A TERM OF A CONFIDENTIALITY AGREEMENT OR CLOSED SETTLEMENT AGREEMENT.
   2. FOR THE PURPOSES OF THIS SECTION,  "CONFIDENTIALITY  AGREEMENT"  OR
 "CLOSED  SETTLEMENT AGREEMENT" SHALL MEAN ANY PRIVATE AGREEMENT OR COURT
 ORDERED  AGREEMENT  RESOLVING  A  CAUSE  OF  ACTION  WHICH  LIMITS   THE
 POSSESSION, DISCLOSURE OR DISSEMINATION OF INFORMATION ABOUT ANY PART OF
 THE AGREEMENT.
   §  2. This act shall take effect immediately and shall apply to agree-
 ments and proposed agreements entered into on or  after  such  effective
 date.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD06625-01-7



              

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