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S2473A

An act to amend the Business Corporation Law — 2023-05-22 · Calendar #1022

The State Senate passed legislation to amend the Business Corporation Law, bringing New York's statute into alignment with surrounding states. The bill (S2473A, Calendar 1022) sponsored by Sen. Stavisky passed on a roll call vote of 59-2, with only Sens. Lanza and Martins voting in opposition. Sen. Weber, one of two certified public accountants in the State Legislature and a cosponsor of the bill, characterized the measure as modernizing an outdated law that has been the subject of discussion for years. The bill takes effect immediately.
PASSED Ayes: 59 · Nays: 2

Debate Summary

Sen. Weber, one of two CPAs in the State Legislature, characterized the bill as bringing New York's outdated Business Corporation Law into alignment with surrounding states and other U.S. states. He expressed pride in cosponsoring the legislation and voting in favor.

Recorded Votes

Recorded votes are predominantly dissenting (nay) votes captured from roll call records.

Senator Vote Party
Lanza nay Republican
Martins nay Republican