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S04278 Summary:

BILL NOS04278
 
SAME ASSAME AS UNI. A06330
 
SPONSORKRUEGER
 
COSPNSRKAPLAN, LIU
 
MLTSPNSR
 
Amd §408, BC L
 
Enacts the "women on corporate boards study"; requires the department of state, in collaboration with the department of taxation and finance, to conduct a study on the number of women directors who serve on each board of directors of domestic corporations and foreign corporations authorized to do business in New York state.
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S04278 Actions:

BILL NOS04278
 
03/06/2019REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
05/20/20191ST REPORT CAL.778
05/21/20192ND REPORT CAL.
05/22/2019ADVANCED TO THIRD READING
06/13/2019PASSED SENATE
06/13/2019DELIVERED TO ASSEMBLY
06/13/2019referred to ways and means
06/20/2019substituted for a6330
06/20/2019ordered to third reading cal.424
06/20/2019passed assembly
06/20/2019returned to senate
12/20/2019DELIVERED TO GOVERNOR
12/30/2019SIGNED CHAP.747
12/30/2019APPROVAL MEMO.93
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S04278 Committee Votes:

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S04278 Floor Votes:

DATE:06/20/2019Assembly Vote  YEA/NAY: 135/11
Yes
Abbate
Yes
Crespo
ER
Gantt
No
LiPetri
Yes
Perry
Yes
Simon
Yes
Abinanti
Yes
Crouch
Yes
Garbarino
Yes
Lupardo
Yes
Pheffer Amato
Yes
Simotas
Yes
Arroyo
Yes
Cruz
Yes
Giglio
Yes
Magnarelli
Yes
Pichardo
Yes
Smith
No
Ashby
Yes
Cusick
Yes
Glick
No
Malliotakis
Yes
Pretlow
Yes
Smullen
Yes
Aubry
Yes
Cymbrowitz
No
Goodell
Yes
Manktelow
Yes
Quart
Yes
Solages
Yes
Barclay
Yes
Davila
Yes
Gottfried
Yes
McDonald
Yes
Ra
Yes
Stec
Yes
Barnwell
Yes
De La Rosa
Yes
Griffin
ER
McDonough
Yes
Raia
Yes
Steck
Yes
Barrett
Yes
DenDekker
Yes
Gunther
Yes
McMahon
Yes
Ramos
Yes
Stern
Yes
Barron
Yes
DeStefano
Yes
Hawley
Yes
Mikulin
Yes
Raynor
Yes
Stirpe
Yes
Benedetto
Yes
Dickens
Yes
Hevesi
Yes
Miller B
Yes
Reilly
No
Tague
Yes
Bichotte
Yes
Dilan
Yes
Hunter
Yes
Miller MG
Yes
Reyes
Yes
Taylor
Yes
Blake
Yes
Dinowitz
Yes
Hyndman
Yes
Miller ML
Yes
Richardson
Yes
Thiele
Yes
Blankenbush
No
DiPietro
Yes
Jacobson
Yes
Montesano
Yes
Rivera
Yes
Titus
Yes
Brabenec
Yes
D'Urso
Yes
Jaffee
Yes
Morinello
Yes
Rodriguez
Yes
Vanel
Yes
Braunstein
Yes
Eichenstein
Yes
Jean-Pierre
Yes
Mosley
Yes
Romeo
Yes
Walczyk
Yes
Bronson
Yes
Englebright
Yes
Johns
Yes
Niou
Yes
Rosenthal D
Yes
Walker
Yes
Buchwald
Yes
Epstein
Yes
Jones
Yes
Nolan
Yes
Rosenthal L
Yes
Wallace
Yes
Burke
Yes
Fahy
Yes
Joyner
No
Norris
Yes
Rozic
Yes
Walsh
Yes
Buttenschon
Yes
Fall
Yes
Kim
Yes
O'Donnell
Yes
Ryan
Yes
Weinstein
Yes
Byrne
Yes
Fernandez
Yes
Kolb
Yes
Ortiz
Yes
Salka
Yes
Weprin
Yes
Byrnes
Yes
Finch
No
Lalor
Yes
Otis
Yes
Santabarbara
Yes
Williams
Yes
Cahill
No
Fitzpatrick
Yes
Lavine
Yes
Palmesano
ER
Sayegh
Yes
Woerner
Yes
Carroll
No
Friend
No
Lawrence
Yes
Palumbo
Yes
Schimminger
Yes
Wright
Yes
Colton
Yes
Frontus
Yes
Lentol
Yes
Paulin
Yes
Schmitt
Yes
Zebrowski
Yes
Cook
Yes
Galef
Yes
Lifton
ER
Peoples-Stokes
Yes
Seawright
Yes
Mr. Speaker

‡ Indicates voting via videoconference
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S04278 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
            S. 4278                                                  A. 6330
 
                               2019-2020 Regular Sessions
 
                SENATE - ASSEMBLY
 
                                      March 6, 2019
                                       ___________
 
        IN SENATE -- Introduced by Sen. KRUEGER -- read twice and ordered print-
          ed, and when printed to be committed to the Committee on Corporations,
          Authorities and Commissions
 
        IN  ASSEMBLY  --  Introduced  by  M.  of  A.  SEAWRIGHT -- read once and
          referred to the Committee on Corporations, Authorities and Commissions

        AN ACT to amend the business corporation law, in  relation  to  enacting
          the "women on corporate boards study"
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Short title. This act shall be known and may  be  cited  as
     2  the "women on corporate boards study".
     3    §  2.  Women  directors  on corporate boards report. The department of
     4  state, in collaboration with the department  of  taxation  and  finance,
     5  shall conduct a study on the number of women directors who serve on each
     6  board  of  directors  of  domestic corporations and foreign corporations
     7  authorized to do business in this state. The study shall include but not
     8  be limited to: the number of women directors and  the  total  number  of
     9  directors  that constitute the board of each corporation; an analysis of
    10  the change in number of women directors from  previous  years;  and  the
    11  aggregate percentage of women directors on all such boards of directors.
    12  In  conducting  the  study the department of state shall use information
    13  provided in the statement filed pursuant to  subdivisions  1  and  8  of
    14  section  408  of  the  business  corporation law and any other available
    15  information the department of state deems relevant. On or before  Febru-
    16  ary 1, 2022, and on or before February first of every fourth year there-
    17  after, the department of state shall publish a report on the findings of
    18  such  study and post such report on the department of state's website. A
    19  copy of the report shall be furnished to  the  governor,  the  temporary
    20  president  of  the  senate  and  the  speaker of the assembly. The terms
    21  "director", "domestic corporation", and "foreign  corporation"  used  in

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06312-01-9

        S. 4278                             2                            A. 6330
 
     1  this  act  shall  have the same meaning as defined in section 102 of the
     2  business corporation law.
     3    §  3. Subdivision 1 of section 408 of the business corporation law, as
     4  amended by section 3 of part S of chapter 59 of the  laws  of  2015,  is
     5  amended to read as follows:
     6    1.  Except as provided in paragraph eight of this section, each domes-
     7  tic corporation, and each foreign corporation authorized to do  business
     8  in  this state, shall, during the applicable filing period as determined
     9  by subdivision three of this section, file a statement setting forth:
    10    (a) The name and business address of its chief executive officer.
    11    (b) The street address of its principal executive office.
    12    (c) The post office address within or without this state to which  the
    13  secretary  of  state  shall mail a copy of any process against it served
    14  upon him or her. Such address shall supersede any  previous  address  on
    15  file with the department of state for this purpose.
    16    (d) The number of directors constituting the board and how many direc-
    17  tors of such board are women.
    18    §  4.  This  act shall take effect on the thirtieth day after it shall
    19  have become a law.
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