Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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Jan 08, 2020 |
referred to governmental operations |
May 08, 2019 |
referred to governmental operations |
Assembly Bill A7503
2019-2020 Legislative Session
Sponsored By
SANTABARBARA
Archive: Last Bill Status - In Assembly 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
Actions
co-Sponsors
Carrie Woerner
Mary Beth Walsh
Patricia Fahy
Phil Steck
2019-A7503 (ACTIVE) - Details
2019-A7503 (ACTIVE) - Summary
Prohibits the New York Department of State from issuing a certificate of dissolution and filing a judgment or final order of dissolution for the pension fund for employees of the former St. Clare's Hospital in the city of Schenectady, county of Schenectady, until an investigation and/or audit by the New York State Department of Health, the New York State Attorney General or the New York State Comptroller has been conducted to ascertain whether there was any impropriety in the handling and management of funds in such pension plan.
2019-A7503 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7503 2019-2020 Regular Sessions I N A S S E M B L Y May 8, 2019 ___________ Introduced by M. of A. SANTABARBARA -- read once and referred to the Committee on Governmental Operations AN ACT prohibiting the New York Department of State from issuing a certificate of dissolution and filing a judgment or final order of dissolution for the pension fund for employees of the former St. Clare's Hospital in the city of Schenectady, county of Schenectady, until an investigation and/or audit by the New York State Department of Health, the New York State Attorney General or the New York State Comptroller has been conducted to ascertain whether there was any impropriety in the handling and management of funds in such pension plan THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Notwithstanding the provisions of sections 1003 and 1109 of the not-for-profit corporation law or any other provisions of article 10 or 11 of the not-for-profit corporation law, no petition for a certif- icate of dissolution for the pension fund for employees of the former St. Clare's Hospital in the city of Schenectady, county of Schenectady, shall be issued by the New York Department of State and no judgment or final order of dissolution by the Supreme Court shall be filed by the New York Department of State unless and until a period of sixty days has elapsed following the conclusion of an investigation and/or audit by the New York State Department of Health, the New York State Attorney General or the New York State Comptroller has been conducted to ascertain wheth- er there was impropriety in the handling and management of funds in such pension plan. ยง 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11399-02-9
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