S 4985: Requires certain companies and corporations to report certain data regarding the gender, race and ethnicity of their employees.

  
  STATE OF NEW YORK ________________________________________________________________________ 4985 2025-2026 Regular Sessions  IN SENATE February 14, 2025 ___________ Introduced by Sen. COMRIE -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions AN ACT to amend the business corporation law and the limited liability company law, in relation to requiring certain companies and corpo- rations to report certain data regarding the gender, race and ethnici- ty of their employees The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph 1 of section 408 of the business corporation law 2 is amended by adding a new subparagraph (e) to read as follows: 3 (e) For those corporations required to file an employer information 4 report EEO-1 with the equal employment opportunity commission, such 5 corporations shall file a copy of such employer information report EEO-1 6 with the secretary of state. For each corporation that submits data 7 pursuant to this paragraph, the secretary of state shall publish the 8 data on the gender, race, and ethnicity of each corporation's employees 9 on the secretary of state's official website. The secretary of state 10 shall publish such information within ninety days of receipt of a prop- 11 erly filed statement or as soon thereafter as practicable. 12 § 2. Paragraph 1 of subdivision (e) of section 301 of the limited 13 liability company law, as amended by section 5 of part S of chapter 59 14 of the laws of 2015, is amended to read as follows: 15 (1) Except as otherwise provided in this subdivision, every limited 16 liability company to which this chapter applies, shall biennially in the 17 calendar month during which its articles of organization or application 18 for authority were filed, or effective date thereof if stated, file on 19 forms prescribed by the secretary of state, a statement setting forth 20 the post office address within or without this state to which the secre- 21 tary of state shall mail a copy of any process accepted against it 22 served upon [him or her] them. Such address shall supersede any previ- EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05190-01-5 
 S. 4985 2 1 ous address on file with the department of state for this purpose. Addi- 2 tionally, for those limited liability companies required to file an 3 employer information report EEO-1 with the equal employment opportunity 4 commission, such limited liability companies shall file a copy of such 5 employer information report EEO-1 with the secretary of state. For each 6 limited liability company that submits data pursuant to this subdivi- 7 sion, the secretary of state shall publish the data on the gender, race, 8 and ethnicity of each company's employees on the secretary of state's 9 official website. The secretary of state shall publish such information 10 within ninety days of receipt of a properly filed statement or as soon 11 thereafter as practicable. 12 § 3. This act shall take effect two years after it shall have become a 13 law.