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A05981 Summary:

BILL NOA05981A
 
SAME ASSAME AS S00636-A
 
SPONSORPaulin
 
COSPNSRSeawright
 
MLTSPNSR
 
Amd §408, BC L; amd §301, Lim Lil L
 
Requires certain companies and corporations to report certain data regarding the gender, race and ethnicity of their employees.
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A05981 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         5981--A
 
                               2023-2024 Regular Sessions
 
                   IN ASSEMBLY
 
                                     March 27, 2023
                                       ___________
 
        Introduced  by  M.  of A. PAULIN, SEAWRIGHT -- read once and referred to
          the Committee on Corporations, Authorities and Commissions --  commit-
          tee  discharged, bill amended, ordered reprinted as amended and recom-
          mitted to said committee
 
        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
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03247-02-3

        A. 5981--A                          2
 
     1  served upon him or  her.  Such  address  shall  supersede  any  previous
     2  address  on  file  with  the department of state for this purpose. Addi-
     3  tionally, for those limited liability  companies  required  to  file  an
     4  employer  information report EEO-1 with the equal employment opportunity
     5  commission, such limited liability companies shall file a copy  of  such
     6  employer  information report EEO-1 with the secretary of state. For each
     7  limited liability company that submits data pursuant  to  this  subdivi-
     8  sion, the secretary of state shall publish the data on the gender, race,
     9  and  ethnicity  of  each company's employees on the secretary of state's
    10  official website. The secretary of state shall publish such  information
    11  within  ninety  days of receipt of a properly filed statement or as soon
    12  thereafter as practicable.
    13    § 3. This act shall take effect two years after it shall have become a
    14  law.
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