Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 15, 2013 |
signed chap.9 |
Mar 12, 2013 |
delivered to governor |
Feb 27, 2013 |
returned to assembly passed senate 3rd reading cal.31 substituted for s2898 |
Feb 27, 2013 |
substituted by a1052 |
Feb 11, 2013 |
advanced to third reading |
Feb 05, 2013 |
2nd report cal. |
Feb 04, 2013 |
1st report cal.31 |
Jan 24, 2013 |
referred to corporations, authorities and commissions |
Senate Bill S2898
Signed By Governor2013-2014 Legislative Session
Sponsored By
(R) Senate District
Archive: Last Bill Status Via A1052 - Signed by Governor
- 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
Actions
Votes
2013-S2898 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A1052
- Law Section:
- Business Corporation Law
- Laws Affected:
- Amd ยงยง1501 & 1503, BC L
2013-S2898 (ACTIVE) - Sponsor Memo
BILL NUMBER:S2898 TITLE OF BILL: An act to amend the business corporation law, in relation to design professional service corporations PURPOSE: Chapter amendment to Chapter 467 of the Laws of 2012. SUMMARY OF PROVISIONS: Section 1. Amends section 1501 of the business corporations law to remove the definitions a-h. Section 2. Amends the business corporations law to reinstate definitions a-f and adds new definitions in paragraphs g, h and i. Section 3. Amends paragraph (b-5) of section 1503 of the business corpo- rations law relating to design professional business corporations. Section 4. Sets forth the effective law. JUSTIFICATION: This bill makes technical corrections to Chapter 467 of the Laws of 2012 which allowed existing professional service corpo- rations to convert to design professional service corporations. This chapter amendment ensures that the process to convert one type of corpo- ration to a design professional service corporation is detailed and clearly lined out.
2013-S2898 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2898 2013-2014 Regular Sessions I N S E N A T E January 24, 2013 ___________ Introduced by Sen. LAVALLE -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions AN ACT to amend the business corporation law, in relation to design professional service corporations THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 1501 of the business corporation law, as amended by chapter 550 of the laws of 2011, is amended to read as follows: [S 1501. Definitions. As used in this article, unless the context otherwise requires, the term: (a) "licensing authority" means the regents of the university of the state of New York or the state education department, as the case may be, in the case of all professions licensed under title eight of the education law, and the appropriate appellate division of the supreme court in the case of the profession of law. (b) "Profession" includes any practice as an attorney and counselor- at-law, or as a licensed physician, and those occupations designated in title eight of the education law. (c) "Professional service" means any type of service to the public which may be lawfully rendered by a member of a profession within the purview of his profession. (d) "Professional service corporation" means a corporation organized under this article. (e) "Design professional service corporation" means a corporation organized under this article practicing professional engineering, archi- tecture, landscape architecture, or land surveying, or practicing any combination of such professions, first organized on or after January first, two thousand twelve. The provisions of this article applicable to professional service corporations shall apply to design professional service corporations except to the extent that any provision is either EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04914-01-3
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