New York Assembly Bill A02519 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 2519 2025-2026 Regular Sessions  IN ASSEMBLY January 17, 2025 ___________ Introduced by M. of A. COLTON -- read once and referred to the Committee on Cities AN ACT to amend the administrative code of the city of New York, in relation to prohibiting city agencies from contracting with a limited liability company unless such limited liability company discloses the names and addresses of persons having limited liability for the contractual obligations and other liabilities of the company The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The administrative code of the city of New York is amended 2 by adding a new section 6-102-a to read as follows: 3 § 6-102-a. Disclosure of relationships. No city agency shall contract 4 with a limited liability company as defined in section one hundred two 5 of the limited liability company law for the purchase, lease or supply 6 of goods, services or construction unless and until such limited liabil- 7 ity company discloses in writing the names and addresses of persons 8 having limited liability for the contractual obligations and other 9 liabilities of the company. 10 § 2. This act shall take effect on the ninetieth day after it shall 11 have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05886-01-5