S 2047: Relates to the term "reportable business relationship" as it relates to certain employees of the state university of New York and the city university of New York.

  
  STATE OF NEW YORK ________________________________________________________________________ 2047 2025-2026 Regular Sessions  IN SENATE January 15, 2025 ___________ Introduced by Sens. WEBB, HOYLMAN-SIGAL -- read twice and ordered print- ed, and when printed to be committed to the Committee on Ethics and Internal Governance AN ACT to amend the legislative law, in relation to the term "reportable business relationship" as it relates to certain employees of the state university of New York and the city university of New York The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision (w) of section 1-c of the legislative law, as 2 added by section 8 of part A of chapter 399 of the laws of 2011, is 3 amended to read as follows: 4 (w) The term "reportable business relationship" shall mean a relation- 5 ship in which compensation is paid by a lobbyist or by a client of a 6 lobbyist, in exchange for any goods, services or anything of value, the 7 total value of which is in excess of one thousand dollars annually, to 8 be performed or provided by or intended to be performed or provided by 9 (i) any statewide elected official, state officer, state employee, 10 member of the legislature or legislative employee, or (ii) any entity in 11 which the lobbyist or the client of a lobbyist knows or has reason to 12 know the statewide elected official, state officer, state employee, 13 member of the legislature or legislative employee is a proprietor, part- 14 ner, director, officer or manager, or owns or controls ten percent or 15 more of the stock of such entity (or one percent in the case of a corpo- 16 ration whose stock is regularly traded on an established securities 17 exchange). Provided, however, that such term shall not include an indi- 18 vidual whose only state employment is through the state university of 19 New York or the city university of New York as a professor, adjunct 20 professor, lecturer, instructor, assistant professor, associate profes- 21 sor, or similar teaching role that does not supervise other state 22 employees or manage grant-funded projects or research. 23 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD00242-01-5