S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1975
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 14, 2025
                                ___________
 
 Introduced by M. of A. PAULIN -- read once and referred to the Committee
   on Corporations, Authorities and Commissions
 
 AN  ACT  to amend the business corporation law and the limited liability
   company law, in relation to requiring  certain  companies  and  corpo-
   rations to report certain data regarding the gender, race and ethnici-
   ty of their employees
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraph 1 of section 408 of the business corporation  law
 is amended by adding a new subparagraph (e) to read as follows:
   (E)  FOR  THOSE  CORPORATIONS REQUIRED TO FILE AN EMPLOYER INFORMATION
 REPORT EEO-1 WITH THE  EQUAL  EMPLOYMENT  OPPORTUNITY  COMMISSION,  SUCH
 CORPORATIONS SHALL FILE A COPY OF SUCH EMPLOYER INFORMATION REPORT EEO-1
 WITH  THE  SECRETARY  OF  STATE.  FOR EACH CORPORATION THAT SUBMITS DATA
 PURSUANT TO THIS PARAGRAPH, THE SECRETARY OF  STATE  SHALL  PUBLISH  THE
 DATA  ON THE GENDER, RACE, AND ETHNICITY OF EACH CORPORATION'S EMPLOYEES
 ON THE SECRETARY OF STATE'S OFFICIAL WEBSITE.  THE  SECRETARY  OF  STATE
 SHALL  PUBLISH SUCH INFORMATION WITHIN NINETY DAYS OF RECEIPT OF A PROP-
 ERLY FILED STATEMENT OR AS SOON THEREAFTER AS PRACTICABLE.
   § 2. Paragraph 1 of subdivision (e) of  section  301  of  the  limited
 liability  company  law, as amended by section 5 of part S of chapter 59
 of the laws of 2015, is amended to read as follows:
   (1) Except as otherwise provided in this  subdivision,  every  limited
 liability company to which this chapter applies, shall biennially in the
 calendar  month during which its articles of organization or application
 for authority were filed, or effective date thereof if stated,  file  on
 forms  prescribed  by  the secretary of state, a statement setting forth
 the post office address within or without this state to which the secre-
 tary of state shall mail a copy  of  any  process  accepted  against  it
 served  upon [him or her] THEM.  Such address shall supersede any previ-
 ous address on file with the department of state for this purpose. ADDI-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05190-01-5
              

 A. 1975                             2
 
 TIONALLY, FOR THOSE LIMITED LIABILITY  COMPANIES  REQUIRED  TO  FILE  AN
 EMPLOYER  INFORMATION REPORT EEO-1 WITH THE EQUAL EMPLOYMENT OPPORTUNITY
 COMMISSION, SUCH LIMITED LIABILITY COMPANIES SHALL FILE A COPY  OF  SUCH
 EMPLOYER  INFORMATION REPORT EEO-1 WITH THE SECRETARY OF STATE. FOR EACH
 LIMITED LIABILITY COMPANY THAT SUBMITS DATA PURSUANT  TO  THIS  SUBDIVI-
 SION, THE SECRETARY OF STATE SHALL PUBLISH THE DATA ON THE GENDER, RACE,
 AND  ETHNICITY  OF  EACH COMPANY'S EMPLOYEES ON THE SECRETARY OF STATE'S
 OFFICIAL WEBSITE. THE SECRETARY OF STATE SHALL PUBLISH SUCH  INFORMATION
 WITHIN  NINETY  DAYS OF RECEIPT OF A PROPERLY FILED STATEMENT OR AS SOON
 THEREAFTER AS PRACTICABLE.
   § 3. This act shall take effect two years after it shall have become a
 law.