Bill Text: NY S05529 | 2015-2016 | General Assembly | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Exempts veterans from the payment of certain fees relating to corporations.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2016-06-08 - PRINT NUMBER 5529A [S05529 Detail]
Download: New_York-2015-S05529-Introduced.html
Bill Title: Exempts veterans from the payment of certain fees relating to corporations.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2016-06-08 - PRINT NUMBER 5529A [S05529 Detail]
Download: New_York-2015-S05529-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 5529 2015-2016 Regular Sessions I N S E N A T E May 14, 2015 ___________ Introduced by Sen. HOYLMAN -- read twice and ordered printed, and when printed to be committed 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 S 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. 14 (C) STATUS AS A VETERAN PURSUANT TO PARAGRAPH (A) OF THIS SECTION 15 SHALL BE DOCUMENTED PURSUANT TO RULES AND REGULATIONS PROMULGATED BY THE 16 COMMISSIONER OF THE DEPARTMENT OF STATE. 17 S 2. The not-for-profit corporation law is amended by adding a new 18 section 104-B to read as follows: 19 S 104-B. VETERAN EXEMPTION FROM FEES. 20 (A) AS USED IN THIS SECTION, "VETERAN" MEANS A MEMBER OF THE ARMED 21 FORCES OF THE UNITED STATES WHO SERVED THEREIN IN TIME OF WAR, WHO WAS 22 HONORABLY DISCHARGED OR RELEASED UNDER HONORABLE CIRCUMSTANCES FROM SUCH 23 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. LBD10421-01-5 S. 5529 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. 7 (C) STATUS AS A VETERAN PURSUANT TO PARAGRAPH (A) OF THIS SECTION 8 SHALL BE DOCUMENTED PURSUANT TO RULES AND REGULATIONS PROMULGATED BY THE 9 COMMISSIONER OF THE DEPARTMENT OF STATE. 10 S 3. This act shall take effect immediately.