New York State Proposes Not-for-Profit Legislation
The not-for-profit sector generates hundreds of billions of dollars in revenues and accounts for nearly one in every seven jobs in New York State. For decades, the state’s not-for-profit sector laws have remained resistant to major modernization. However, as EisnerAmper’s Timothy Schroeder recently wrote in an article titled New York State Proposes Not-for-Profit Legislation, two new bills could have significant impact.
To find out more about the “Nonprofit Revitalization Act” and the “Executive Compensation Act” and how they’ll affect not-for-profit organizations, click here to read the article Not-for-Profit Legislation Proposed in New York State.