Assembly Bill A4227

2019-2020 Legislative Session

Permits psychologists to form limited liability companies

download bill text pdf

Sponsored By

Archive: Last 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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2019-A4227 (ACTIVE) - Details

Current Committee:
Assembly Higher Education
Law Section:
Limited Liability Company Law
Laws Affected:
Amd §§1203, 1207 & 1301, Lim Lil L; amd §1503, BC L; amd §§121-1500 & 121-1502, Partn L; amd §2801, Pub Health L; amd §6530, Ed L
Versions Introduced in Other Legislative Sessions:
2011-2012: A10777
2013-2014: A801
2015-2016: A6925
2017-2018: A5580

2019-A4227 (ACTIVE) - Summary

Permits psychologists to form limited liability companies.

2019-A4227 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4227
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 1, 2019
                                ___________
 
 Introduced  by  M. of A. WEPRIN, BUCHWALD -- Multi-Sponsored by -- M. of
   A. PAULIN, WALKER -- read once and referred to the Committee on Higher
   Education
 
 AN ACT to amend the limited liability company law, the  business  corpo-
   ration  law, the partnership law, the public health law and the educa-
   tion law, in relation to allowing psychologists licensed  under  title
   VIII,  article  153  of  the  education  law to form limited liability
   companies
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Legislative  intent. This bill would authorize physicians
 and psychologists to  form  limited  liability  companies,  professional
 corporations and partnerships with one another. In the last two decades,
 practice  in  and  among  the health professions has changed. Artificial
 barriers in current  law  prohibit  multidisciplinary  practices,  which
 prevents  physicians  and other providers, including psychologists, from
 co-owning a practice and collaborating and coordinating on patient care.
 Such restraints should not prevail, as they are  no  longer  in  keeping
 with  best practices in modern health care which espouse the integration
 of behavioral and physical health.
   § 2. Subdivision (a) of section 1203 of the limited liability  company
 law,  as  amended by chapter 475 of the laws of 2014, is amended to read
 as follows:
   (a) Notwithstanding the education law or any other provision  of  law,
 one  or more professionals each of whom is authorized by law to render a
 professional service within the state, or one or more professionals,  at
 least  one of whom is authorized by law to render a professional service
 within the state, may form,  or  cause  to  be  formed,  a  professional
 service  limited liability company for pecuniary profit under this arti-
 cle for the purpose of rendering the professional service or services as
 such professionals are authorized to practice. With respect to a profes-

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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