Assembly Bill A4333B

2023-2024 Legislative Session

Requires fashion sellers to be accountable to standardized environmental and social due diligence policies, and establishes a fashion remediation fund

download bill text pdf

Sponsored By

Current 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

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Actions

Bill Amendments

co-Sponsors

2023-A4333 - Details

Current Committee:
Assembly Rules
Law Section:
General Business Law
Laws Affected:
Add §§399-mm & 399-mmm, Gen Bus L; add §97-ccc, St Fin L
Versions Introduced in 2021-2022 Legislative Session:
A8352

2023-A4333 - Summary

Requires fashion sellers to be accountable to standardized environmental due diligence policies; establishes a fashion remediation fund.

2023-A4333 - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4333
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 14, 2023
                                ___________
 
 Introduced  by  M. of A. KELLES, EPSTEIN, SIMON, HEVESI, GONZALEZ-ROJAS,
   FORREST, BURGOS, WEPRIN,  REYES,  FAHY,  STECK,  SEAWRIGHT,  MITAYNES,
   GALLAGHER  --  read  once  and  referred  to the Committee on Consumer
   Affairs and Protection
 
 AN ACT to amend the general business law, in relation to requiring fash-
   ion sellers to be accountable to environmental and  social  standards;
   and  to  amend  the  state  finance law, in relation to establishing a
   fashion remediation fund
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Short  title. This act shall be known and may be cited as
 the "Fashion sustainability and social accountability act".
   § 2. The general business law is amended by adding a new section  399-
 mm to read as follows:
   §  399-MM.  FASHION  SUSTAINABILITY AND SOCIAL ACCOUNTABILITY ACT.  1.
 DEFINITIONS. AS USED IN THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE
 FOLLOWING MEANINGS:
   (A) "DOING BUSINESS IN THIS STATE" SHALL MEAN ACTIVELY ENGAGING IN ANY
 TRANSACTION FOR THE PURPOSE OF FINANCIAL OR PECUNIARY GAIN OR PROFIT.
   (B) "GROSS RECEIPTS" SHALL MEAN THE GROSS AMOUNTS REALIZED,  OTHERWISE
 KNOWN AS THE SUM OF MONEY AND THE FAIR MARKET VALUE OF OTHER PROPERTY OR
 SERVICES  RECEIVED, ON THE SALE OR EXCHANGE OF PROPERTY, THE PERFORMANCE
 OF SERVICES, OR THE USE OF PROPERTY OR CAPITAL, INCLUDING RENTS,  ROYAL-
 TIES,  INTEREST,  AND DIVIDENDS, IN A TRANSACTION THAT PRODUCES BUSINESS
 INCOME, IN WHICH THE INCOME, GAIN, OR LOSS IS RECOGNIZED,  OR  WOULD  BE
 RECOGNIZED  IF  THE  TRANSACTION  WERE  IN  THE UNITED STATES, UNDER THE
 INTERNAL REVENUE CODE, AS  APPLICABLE  FOR  PURPOSES  OF  THIS  SECTION.
 AMOUNTS  REALIZED  ON  THE  SALE  OR  EXCHANGE  OF PROPERTY SHALL NOT BE
 REDUCED BY THE COST OF GOODS SOLD OR THE BASIS OF PROPERTY  SOLD.  GROSS
 RECEIPTS,  EVEN  IF  BUSINESS  INCOME,  SHALL  NOT INCLUDE THE FOLLOWING
 ITEMS:
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03469-02-3
              

co-Sponsors

2023-A4333A - Details

Current Committee:
Assembly Rules
Law Section:
General Business Law
Laws Affected:
Add §§399-mm & 399-mmm, Gen Bus L; add §97-ccc, St Fin L
Versions Introduced in 2021-2022 Legislative Session:
A8352

2023-A4333A - Summary

Requires fashion sellers to be accountable to standardized environmental due diligence policies; establishes a fashion remediation fund.

2023-A4333A - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  4333--A
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 14, 2023
                                ___________
 
 Introduced  by  M. of A. KELLES, EPSTEIN, SIMON, HEVESI, GONZALEZ-ROJAS,
   FORREST, BURGOS, WEPRIN,  REYES,  FAHY,  STECK,  SEAWRIGHT,  MITAYNES,
   GALLAGHER, RAGA, SIMONE, SHRESTHA, CUNNINGHAM, BORES, OTIS, LEVENBERG,
   CARROLL,  THIELE,  STERN, L. ROSENTHAL, RAJKUMAR, KIM, GUNTHER, ANDER-
   SON, GLICK, LUNSFORD, BARRETT, SHIMSKY, MAMDANI,  DINOWITZ,  SANTABAR-
   BARA,  JACOBSON,  TAYLOR,  CLARK,  PAULIN,  BICHOTTE HERMELYN, LAVINE,
   SLATER, EACHUS,  DE LOS SANTOS,  ARDILA,  SILLITTI,  SOLAGES,  CONRAD,
   CRUZ,  BENEDETTO,  JACKSON,  PRETLOW,  TAPIA,  STIRPE, MEEKS, LUPARDO,
   McMAHON, LEE -- read once and referred to the  Committee  on  Consumer
   Affairs  and Protection -- committee discharged, bill amended, ordered
   reprinted as amended and recommitted to said committee
 
 AN ACT to amend the general business law, in relation to requiring fash-
   ion sellers to be accountable to environmental and  social  standards;
   and  to  amend  the  state  finance law, in relation to establishing a
   fashion remediation fund
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Short  title. This act shall be known and may be cited as
 the "Fashion sustainability and social accountability act".
   § 2. The general business law is amended by adding a new section  399-
 mm to read as follows:
   §  399-MM.  FASHION  SUSTAINABILITY AND SOCIAL ACCOUNTABILITY ACT.  1.
 DEFINITIONS. AS USED IN THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE
 FOLLOWING MEANINGS:
   (A) "DOING BUSINESS IN THIS STATE" SHALL MEAN ACTIVELY ENGAGING IN ANY
 TRANSACTION FOR THE PURPOSE OF FINANCIAL OR PECUNIARY GAIN OR PROFIT.
   (B) "GROSS RECEIPTS" SHALL MEAN THE GROSS AMOUNTS REALIZED,  OTHERWISE
 KNOWN AS THE SUM OF MONEY AND THE FAIR MARKET VALUE OF OTHER PROPERTY OR
 SERVICES  RECEIVED, ON THE SALE OR EXCHANGE OF PROPERTY, THE PERFORMANCE
 OF SERVICES, OR THE USE OF PROPERTY OR CAPITAL, INCLUDING RENTS,  ROYAL-
 TIES,  INTEREST,  AND DIVIDENDS, IN A TRANSACTION THAT PRODUCES BUSINESS
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03469-04-3
              

co-Sponsors

2023-A4333B - Details

Current Committee:
Assembly Rules
Law Section:
General Business Law
Laws Affected:
Add §§399-mm & 399-mmm, Gen Bus L; add §97-ccc, St Fin L
Versions Introduced in 2021-2022 Legislative Session:
A8352

2023-A4333B - Summary

Requires fashion sellers to be accountable to standardized environmental due diligence policies; establishes a fashion remediation fund.

2023-A4333B - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  4333--B
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 14, 2023
                                ___________
 
 Introduced  by  M. of A. KELLES, EPSTEIN, SIMON, HEVESI, GONZALEZ-ROJAS,
   FORREST, BURGOS, WEPRIN,  REYES,  FAHY,  STECK,  SEAWRIGHT,  MITAYNES,
   GALLAGHER, RAGA, SIMONE, SHRESTHA, CUNNINGHAM, BORES, OTIS, LEVENBERG,
   CARROLL,  THIELE,  STERN, L. ROSENTHAL, RAJKUMAR, KIM, GUNTHER, ANDER-
   SON, GLICK, LUNSFORD, BARRETT, SHIMSKY, MAMDANI,  DINOWITZ,  SANTABAR-
   BARA,  JACOBSON,  TAYLOR,  CLARK,  PAULIN,  BICHOTTE HERMELYN, LAVINE,
   SLATER, EACHUS,  DE LOS SANTOS,  ARDILA,  SILLITTI,  SOLAGES,  CONRAD,
   CRUZ,  BENEDETTO,  JACKSON,  PRETLOW,  TAPIA,  STIRPE, MEEKS, LUPARDO,
   McMAHON, LEE, BURDICK, COLTON, ALVAREZ -- read once  and  referred  to
   the   Committee  on  Consumer  Affairs  and  Protection  --  committee
   discharged, bill amended, ordered reprinted as amended and recommitted
   to said committee -- recommitted to the Committee on Consumer  Affairs
   and Protection in accordance with Assembly Rule 3, sec. 2 -- committee
   discharged, bill amended, ordered reprinted as amended and recommitted
   to said committee
 
 AN ACT to amend the general business law, in relation to requiring fash-
   ion  sellers  to  be accountable to environmental standards and estab-
   lishing the interstate fashion environment accountability act compact;
   and to amend the state finance law,  in  relation  to  establishing  a
   fashion remediation fund
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Short title. This act shall be known and may  be  cited  as
 the "Fashion environmental accountability act".
   §  2.  The  general business law is amended by adding two new sections
 399-mm and 399-mmm to read as follows:
   § 399-MM. FASHION ENVIRONMENTAL ACCOUNTABILITY ACT.   1.  DEFINITIONS.
 AS  USED  IN  THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING
 MEANINGS:
   (A) "DOING BUSINESS IN THIS STATE" SHALL MEAN ACTIVELY ENGAGING IN ANY
 TRANSACTION FOR THE PURPOSE OF FINANCIAL OR PECUNIARY GAIN OR PROFIT.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03469-05-4
              

co-Sponsors

2023-A4333C (ACTIVE) - Details

Current Committee:
Assembly Rules
Law Section:
General Business Law
Laws Affected:
Add §§399-mm & 399-mmm, Gen Bus L; add §97-ccc, St Fin L
Versions Introduced in 2021-2022 Legislative Session:
A8352

2023-A4333C (ACTIVE) - Summary

Requires fashion sellers to be accountable to standardized environmental due diligence policies; establishes a fashion remediation fund.

2023-A4333C (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  4333--C
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 14, 2023
                                ___________
 
 Introduced  by  M. of A. KELLES, EPSTEIN, SIMON, HEVESI, GONZALEZ-ROJAS,
   FORREST, BURGOS, WEPRIN,  REYES,  FAHY,  STECK,  SEAWRIGHT,  MITAYNES,
   GALLAGHER, RAGA, SIMONE, SHRESTHA, CUNNINGHAM, BORES, OTIS, LEVENBERG,
   CARROLL,  THIELE,  STERN, L. ROSENTHAL, RAJKUMAR, KIM, GUNTHER, ANDER-
   SON, GLICK, LUNSFORD, BARRETT, SHIMSKY, MAMDANI,  DINOWITZ,  SANTABAR-
   BARA,  JACOBSON,  TAYLOR,  CLARK,  PAULIN,  BICHOTTE HERMELYN, LAVINE,
   SLATER, EACHUS,  DE LOS SANTOS,  ARDILA,  SILLITTI,  SOLAGES,  CONRAD,
   CRUZ,  BENEDETTO,  JACKSON,  PRETLOW,  TAPIA,  STIRPE, MEEKS, LUPARDO,
   McMAHON, LEE, BURDICK, COLTON,  ALVAREZ,  DAVILA,  McDONALD,  BENDETT,
   K. BROWN, MCGOWAN, FLOOD, BLUMENCRANZ -- read once and referred to the
   Committee  on Consumer Affairs and Protection -- committee discharged,
   bill amended, ordered reprinted as amended  and  recommitted  to  said
   committee  --  recommitted  to  the  Committee on Consumer Affairs and
   Protection in accordance with Assembly Rule 3,  sec.  2  --  committee
   discharged, bill amended, ordered reprinted as amended and recommitted
   to  said committee -- recommitted to the Committee on Consumer Affairs
   and Protection in accordance with Assembly Rule 3, sec. 2 -- committee
   discharged, bill amended, ordered reprinted as amended and recommitted
   to said committee
 
 AN ACT to amend the general business law, in relation to requiring fash-
   ion sellers to be accountable to environmental  standards  and  estab-
   lishing  the interstate fashion environment accountability act; and to
   amend the state finance law, in relation  to  establishing  a  fashion
   remediation fund
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Short title. This act shall be known and may  be  cited  as
 the "fashion environmental accountability act".
   §  2. The general business law is amended by adding a new section 399-
 mm to read as follows:
   § 399-MM. FASHION ENVIRONMENTAL ACCOUNTABILITY ACT.   1.  DEFINITIONS.
 AS  USED  IN  THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING
 MEANINGS:
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

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