S636

The New York State Senate moved to reconsider passage of Senate Print 636, a bill amending the Business Corporation Law and Limited Liability Company Law, on April 20. Sen. Michael Gianaris moved to reconsider the vote and offered amendments to the measure, which was Calendar Number 174. Following a roll call, the bills were restored to their place on the Third Reading Calendar, where they will remain pending consideration of the amendments. The substantive details of the proposed amendments were not disclosed in the floor debate.

The Senate passed S636, sponsored by Sen. Comrie, which amends the Business Corporation Law and the Limited Liability Company Law. The bill received 36 affirmative votes and 20 negative votes. The measure takes effect two years after becoming law. Twenty senators voted in opposition, including Sens. Ashby, Borrello, Gallivan, Griffo, Helming, Lanza, Martins, Mattera, Murray, Oberacker, Ortt, Palumbo, Rhoads, Rolison, Scarcella-Spanton, Stec, Tedisco, Walczyk, Weber and Weik.