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Who cares
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Sponsors
No co-sponsors yet.
History
- Referred to finance
- Referred to finance
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
,.in 0 An act to amend the executive law, in relation to prohibiting charitable organizations registered in the state of New York from using any charitable donations for confidentiality agreements or closed settlement agreements
Purpose
To prohibit charities registered with the State of New York from engaging in the practice of using charitable dollars for the purpose of closed "gagged" settlement agreements.
Summary of provisions
Amends the executive law by adding a new section 172-e. Would prohibit any charitable organization registered with the State of New York from using charitable donations for confidentiality agreements or closed settlement agreements. Defines "confidentiality agreement" or "closed settlement agreement" to mean any private agreement or court ordered agreement resolving a cause of action which limits the possession, disclosure or dissemination of information about any part of the agreement.
Existing law
New bill.
Justification
This proposal has two benefits. First, it is only fair that those who donate money to charities know where their charitable dollars are going. Second, those engaged in covering up child sex abuse, or any crime for that matter should not be allowed to hide under a "gagged agreement."
Legislative history
2003-2004: S.2815 Died in Senate Finance Committee 2005-2006: S.4211 Died in Senate Finance Committee 2007-2008: S.1805 Died in Senate Finance Committee
Fiscal implications
None.
Local fiscal implications
None.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.