New York A 2364: Relates to requiring liquid petroleum pipeline facilities to accelerate the repair, rehabilitation, and replacement of equipment or pipelines that are leaking or at a high-risk of leaking

Bill Text

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A02364 Summary:

BILL NOA02364 

&nbsp

SAME ASNo Same As

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SPONSORGallagher

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COSPNSR

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MLTSPNSR

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Amd §511, N-PC L

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Protects valuable community services affected by the sale, mortgage and lease of real property of religious corporations.

Go to top A02364 Actions:

BILL NOA02364 

&nbsp

01/16/2025referred to corporations, authorities and commissions

01/07/2026referred to corporations, authorities and commissions

Go to topA02364 Committee&nbspVotes:

Go to topA02364 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA02364 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 2364

 2025-2026 Regular Sessions

 IN ASSEMBLY

 January 16, 2025
 ___________

 Introduced by M. of A. GALLAGHER -- read once and referred to the
 Committee on Corporations, Authorities and Commissions

 AN ACT to amend the not-for-profit corporation law, in relation to
 protecting community services affected by the sale, mortgage and lease
 of real property of religious corporations

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subparagraph 9 of paragraph (a) of section 511 of the not-
 2 for-profit corporation law is renumbered subparagraph 10 and a new
 3 subparagraph 9 is added to read as follows:
 4 9. In the case of a religious corporation, as such term is defined in
 5 section two of the religious corporations law, a description of the
 6 community services for which the corporate assets are used, if any, at
 7 the time of the petition and at any time in the preceding three years,
 8 listing the regularity of such use, the organization sponsoring or
 9 organizing such use, if any, the average attendance of such community
 10 services or the number of individuals routinely served, the terms and
 11 conditions of such use, if any, and whether such community service ended
 12 and for what reason. The corporation shall affix to the petition an
 13 affirmation signed by a member, manager, or director of each organiza-
 14 tion sponsoring or organizing such community services, including the
 15 corporation if applicable, attesting to the accuracy of the information
 16 described therein. For the purposes of this section, the term "community
 17 services" shall include, without limitation, social services, childcare,
 18 food pantries, donation collection and distribution, direct aid, disas-
 19 ter relief, trainings, tax preparation, immigration services, soup
 20 kitchens, referrals, town halls and community meetings, support or
 21 affinity groups, safe haven or asylee shelter, showers, choirs and
 22 musical performances, and recreational activities.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD03260-01-5

 A. 2364 2

 1 § 2. Paragraph (d) of section 511 of the not-for-profit corporation
 2 law, as amended by chapter 961 of the laws of 1972, is amended and a new
 3 paragraph (e) is added to read as follows:
 4 (d) If it shall appear, to the satisfaction of the court, that the
 5 consideration and the terms of the transaction are fair and reasonable
 6 to the corporation [and], that the purposes of the corporation or the
 7 interests of the members will be promoted, and, in the case a religious
 8 corporation, as such term is defined in section two of the religious
 9 corporations law, that any disruption of community services by the tran-
 10 saction is not irreversible or immediately harmful to significant and
 11 sensitive community interests, it may authorize the sale, lease,
 12 exchange or other disposition of all or substantially all the assets of
 13 the corporation, as described in the petition, for such consideration
 14 and upon such terms as the court may prescribe. The order of the court
 15 shall direct the disposition of the consideration to be received there-
 16 under by the corporation.
 17 (e) In the case of a religious corporation, as such term is defined in
 18 section two of the religious corporations law, if the court suspects
 19 that the transaction may cause a disruption to community services that
 20 is irreversible or immediately harmful to significant and sensitive
 21 community interests, the court ma