Bill Text: NY S01819 | 2015-2016 | General Assembly | Introduced


Bill Title: 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.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2016-01-06 - REFERRED TO FINANCE [S01819 Detail]

Download: New_York-2015-S01819-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         1819
                              2015-2016 Regular Sessions
                                   I N  S E N A T E
                                   January 15, 2015
                                      ___________
       Introduced  by  Sens.  PARKER,  DILAN, SAMPSON -- 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:
    1    Section 1. The executive law is amended by adding a new section  172-e
    2  to read as follows:
    3    S  172-E.  PROHIBITS ANY CHARITABLE ORGANIZATION FROM USING CHARITABLE
    4  DONATIONS FOR CONFIDENTIALITY AGREEMENTS  OR  CLOSED  SETTLEMENT  AGREE-
    5  MENTS.  1.  ANY  CHARITABLE  ORGANIZATION REGISTERED IN THE STATE OF NEW
    6  YORK SHALL BE PROHIBITED FROM USING ANY  CHARITABLE  DONATION  THAT  THE
    7  CHARITABLE ORGANIZATION RECEIVES TO MAKE ANY SORT OF PAYMENT THAT ARISES
    8  AS A TERM OF A CONFIDENTIALITY AGREEMENT OR CLOSED SETTLEMENT AGREEMENT.
    9    2.  FOR  THE  PURPOSES OF THIS SECTION, "CONFIDENTIALITY AGREEMENT" OR
   10  "CLOSED SETTLEMENT AGREEMENT" SHALL MEAN ANY PRIVATE AGREEMENT OR  COURT
   11  ORDERED   AGREEMENT  RESOLVING  A  CAUSE  OF  ACTION  WHICH  LIMITS  THE
   12  POSSESSION, DISCLOSURE OR DISSEMINATION OF INFORMATION ABOUT ANY PART OF
   13  THE AGREEMENT.
   14    S 2. This act shall take effect immediately and shall apply to  agree-
   15  ments  and  proposed  agreements entered into on or after such effective
   16  date.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD06568-01-5
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