•  Summary 
  •  
  •  Actions 
  •  
  •  Committee Votes 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 
  •  
  •  LFIN 
  •  
  •  Chamber Video/Transcript 

A08555 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          8555
 
                   IN ASSEMBLY
 
                                     January 8, 2024
                                       ___________
 
        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:
 
     1    Section 1. Paragraph 1 of section 408 of the business corporation  law
     2  is amended by adding a new subparagraph (e) to read as follows:
     3    (e)  For  those  corporations required to file an employer information
     4  report EEO-1 with the  equal  employment  opportunity  commission,  such
     5  corporations shall file a copy of such employer information report EEO-1
     6  with  the  secretary  of  state.  For each corporation that submits data
     7  pursuant to this paragraph, the secretary of  state  shall  publish  the
     8  data  on the gender, race, and ethnicity of each corporation's employees
     9  on the secretary of state's official website.  The  secretary  of  state
    10  shall  publish such information within ninety days of receipt of a prop-
    11  erly filed statement or as soon thereafter as practicable.
    12    § 2. Paragraph 1 of subdivision (e) of  section  301  of  the  limited
    13  liability  company  law, as amended by section 5 of part S of chapter 59
    14  of the laws of 2015, is amended to read as follows:
    15    (1) Except as otherwise provided in this  subdivision,  every  limited
    16  liability company to which this chapter applies, shall biennially in the
    17  calendar  month during which its articles of organization or application
    18  for authority were filed, or effective date thereof if stated,  file  on
    19  forms  prescribed  by  the secretary of state, a statement setting forth
    20  the post office address within or without this state to which the secre-
    21  tary of state shall mail a copy  of  any  process  accepted  against  it
    22  served  upon  him  or  her.  Such  address  shall supersede any previous
    23  address on file with the department of state  for  this  purpose.  Addi-
    24  tionally,  for  those  limited  liability  companies required to file an
    25  employer information report EEO-1 with the equal employment  opportunity
    26  commission,  such  limited liability companies shall file a copy of such
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03247-04-4

        A. 8555                             2
 
     1  employer information report EEO-1 with the secretary of state. For  each
     2  limited  liability  company  that submits data pursuant to this subdivi-
     3  sion, the secretary of state shall publish the data on the gender, race,
     4  and  ethnicity  of  each company's employees on the secretary of state's
     5  official website. The secretary of state shall publish such  information
     6  within  ninety  days of receipt of a properly filed statement or as soon
     7  thereafter as practicable.
     8    § 3. This act shall take effect two years after it shall have become a
     9  law.
Go to top