Senate Bill S5286

2023-2024 Legislative Session

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

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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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2023-S5286 (ACTIVE) - Details

See Assembly Version of this Bill:
A10368
Current Committee:
Assembly Governmental Operations
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
2017-2018: S3464
2019-2020: S4617
2021-2022: S5019

2023-S5286 (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.

2023-S5286 (ACTIVE) - Sponsor Memo

2023-S5286 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5286
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                               March 1, 2023
                                ___________
 
 Introduced  by  Sen.  PARKER -- 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.
                                                            LBD07590-01-3

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