---
type: "Bill"
title: "Provides for expanded ownership in design professional corporations by employee stock ownership plans and non-licensed employees"
description: "Provides for expanded ownership in design professional corporations by employee stock ownership plans and non-licensed employees."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2021-2022"
identifier: "S 5261"
citation: "New York S 5261 (2021-2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["KENNEDY"]
version_count: 3
action_count: 30
vote_count: 6
first_action: "2021-03-01"
last_action: "2022-07-21"
source: "openstates"
source_identifier: "ocd-bill/5e1a2396-557e-4459-bf05-d710fbf4dbab"
source_url: "http://www.nysenate.gov/legislation/bills/2021/S5261"
source_hash: "ffee0f029ce92fa9e88e70e20ee5e2597b5394de16928f125a1385b2f97c85f1"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ny"]
---

# New York S 5261 (2021-2022) — Provides for expanded ownership in design professional corporations by employee stock ownership plans and non-licensed employees

Provides for expanded ownership in design professional corporations by employee stock ownership plans and non-licensed employees.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **S5261** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S5261&term=2021&Text=Y)
2. **S5261A** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2021/S5261A)
3. **S5261B** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2021/S5261B)

## Votes

- Floor Vote - Version: B — **62–0** (pass) · upper
- Floor Vote — **63–0** (pass) · upper
- Assembly Vote — **146–1** (pass) · lower
- Corporations, Authorities And Commissions Vote — **7–0** (pass) · upper
- Floor Vote - Version: A — **63–0** (pass) · upper
- Corporations, Authorities And Commissions Vote — **7–0** (pass) · upper

## Sponsors

- KENNEDY — primary (person)
- GALLIVAN — cosponsor (person)
- HELMING — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-03-01** REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS `referral-committee`
- **2021-05-04** 1ST REPORT CAL.893
- **2021-05-05** 2ND REPORT CAL.
- **2021-05-10** ADVANCED TO THIRD READING
- **2021-06-01** PASSED SENATE `passage`
- **2021-06-01** DELIVERED TO ASSEMBLY
- **2021-06-01** REFERRED TO HIGHER EDUCATION `referral-committee`
- **2022-01-05** DIED IN ASSEMBLY
- **2022-01-05** RETURNED TO SENATE
- **2022-01-05** REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS `referral-committee`
- **2022-01-25** 1ST REPORT CAL.331
- **2022-01-26** AMENDED 5261A `amendment-passage`
- **2022-01-26** 2ND REPORT CAL.
- **2022-01-31** ADVANCED TO THIRD READING
- **2022-02-14** PASSED SENATE `passage`
- **2022-02-14** DELIVERED TO ASSEMBLY
- **2022-02-14** REFERRED TO HIGHER EDUCATION `referral-committee`
- **2022-04-25** RECALLED FROM ASSEMBLY
- **2022-04-25** RETURNED TO SENATE
- **2022-04-26** VOTE RECONSIDERED - RESTORED TO THIRD READING
- **2022-04-26** AMENDED ON THIRD READING 5261B `amendment-passage`
- **2022-05-02** REPASSED SENATE `passage`
- **2022-05-02** RETURNED TO ASSEMBLY
- **2022-05-02** REFERRED TO HIGHER EDUCATION `referral-committee`
- **2022-05-03** SUBSTITUTED FOR A1891D
- **2022-05-03** ORDERED TO THIRD READING CAL.524
- **2022-05-03** PASSED ASSEMBLY `passage`
- **2022-05-03** RETURNED TO SENATE
- **2022-07-11** DELIVERED TO GOVERNOR `executive-receipt`
- **2022-07-21** SIGNED CHAP.439 `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/5e1a2396-557e-4459-bf05-d710fbf4dbab`. Confidence: reported (aggregated from official New York legislature records).