STATE OF NEW YORK
________________________________________________________________________
6835
2017-2018 Regular Sessions
IN ASSEMBLY
March 21, 2017
___________
Introduced by M. of A. HUNTER -- read once and referred to the Committee
on Corporations, Authorities and Commissions
AN ACT to amend the business corporations law and the not-for-profit
corporation law, in relation to exempting veterans from the payment of
certain fees relating to corporations
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The business corporation law is amended by adding a new
2 section 104-B to read as follows:
3 § 104-B. Veteran exemption from fees.
4 (a) As used in this section, "veteran" means a member of the armed
5 forces of the United States who served therein in time of war, who was
6 honorably discharged or released under honorable circumstances from such
7 service, who is a citizen of the United States or an alien lawfully
8 admitted for permanent residence in the United States and who is a resi-
9 dent of the state of New York at the time of undertaking an action
10 subject to a fee pursuant to section one hundred four-A of this article.
11 (b) Notwithstanding any other provision of law, no veteran shall be
12 required to pay the fees otherwise required by section one hundred
13 four-A of this article within five years of being honorably discharged
14 or released under honorable circumstances from military service.
15 (c) Status as an eligible veteran pursuant to this section shall be
16 documented pursuant to rules and regulations promulgated by the commis-
17 sioner of the department of state.
18 § 2. The not-for-profit corporation law is amended by adding a new
19 section 104-B to read as follows:
20 § 104-B. Veteran exemption from fees.
21 (a) As used in this section, "veteran" means a member of the armed
22 forces of the United States who served therein in time of war, who was
23 honorably discharged or released under honorable circumstances from such
24 service, who is a citizen of the United States or an alien lawfully
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD05567-01-7
A. 6835 2
1 admitted for permanent residence in the United States and who is a resi-
2 dent of the state of New York at the time of undertaking an action
3 subject to a fee pursuant to section one hundred four-A of this article.
4 (b) Notwithstanding any other provision of law, no veteran shall be
5 required to pay the fees otherwise required by section one hundred
6 four-A of this article within five years of being honorably discharged
7 or released under honorable circumstances from military service.
8 (c) Status as an eligible veteran pursuant to this section shall be
9 documented pursuant to rules and regulations promulgated by the commis-
10 sioner of the department of state.
11 § 3. This act shall take effect immediately.
