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Who cares
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Sponsors
No co-sponsors yet.
History
- Referred to rules
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to public benefit corporations and the maintenance of a public health facility
In Assembly Committee · Corporations, Authorities And Commissions · Sponsor Earlene Hooper
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7680
Title of bill
An act to amend the public authorities law, in relation to maintaining a public health facility or for providing health care services
Purpose
To restrict public benefit corporations organized under article 10-C of the Public Authorities Law from creating or organizing subsidiary corporations without obtaining legislative approval.
Summary of provisions
Section 2827 -a of the Public Authorities Law is amended by repealing existing subdivision 7 and enacting a new subdivision 7 to restrict the ability of public benefit corporations organized under article 10-C of the Public Authorities Law from creating or organizing subsidiary corporations.
Justification
Public health facilities created under Article 10-C of the Public Authorities Law are intended to serve the health care needs of the general public. Recently, some of these facilities have created subsidiary corporations as a way to close facilities and programs that are desperately needed by residents of the communities served by the facility. This law will ensure that these public benefit corporations uphold their statutory intent of serving the general public and restrict the ability to create subsidiary corporations that would undermine such purposes.
Legislative history
New bill.
Fiscal implications
To be determined.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.