S 8432

New York Senate bill in Session 2025-2026.

Status: vetoed. Latest action: December 19, 2025.

Relates to the scope of certain provisions relating to beneficial owners of limited liability companies.

Bill ID NY-2025-2026-S-8432

Session 2025-2026

Status vetoed

Committee Ways And Means

Senate vetoed 2025-12-19

Summary

Amends the definitions of the terms "beneficial owner", "reporting company" and "exempt company" to set the scope of certain provisions relating to beneficial owners of limited liability companies; authorizes the department of state to further clarify any such definitions.

Sponsor

Brad Hoylman-Sigal

Official Source Back to Bills

Actions Timeline

Date	Event	Detail
2025-06-10	Introduced	Bill introduced
2025-12-19	Status	vetoed
2025-12-19	Latest Action	Vetoed

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