---
type: "Bill"
title: "Relates to the disclosure of beneficial owners of limited liability companies"
description: "Relates to the disclosure of beneficial owners of limited liability companies and foreign limited liability companies and certain information about such beneficial owners; requires the secretary of state to maintain a public database of all business entities organized in the state and all foreign business entities with authority to do business in the state."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2023-2024"
identifier: "S 995"
citation: "New York S 995 (2023-2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Brad Hoylman-Sigal"]
version_count: 3
action_count: 17
vote_count: 3
first_action: "2023-01-09"
last_action: "2023-12-22"
source: "openstates"
source_identifier: "ocd-bill/a504226e-31cb-494d-8e10-a333cb05c6ab"
source_url: "http://www.nysenate.gov/legislation/bills/2023/S995"
source_hash: "b40135b4b39d7b9564cc7850aead8d550c3c03bcc583f0eb03fa4af91127fc10"
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 995 (2023-2024) — Relates to the disclosure of beneficial owners of limited liability companies

Relates to the disclosure of beneficial owners of limited liability companies and foreign limited liability companies and certain information about such beneficial owners; requires the secretary of state to maintain a public database of all business entities organized in the state and all foreign business entities with authority to do business in the state.

## Version chain

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

1. **S995** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S995&term=2023&Text=Y)
2. **S995A** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2023/S995A)
3. **S995B** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2023/S995B)

## Votes

- Rules Vote - Version: B — **14–7** (pass) · upper
- Floor Vote - Version: B — **41–21** (pass) · upper
- Assembly Vote — **89–55** (pass) · lower

## Sponsors

- Brad Hoylman-Sigal — primary (person)
- Cordell Cleare — cosponsor (person)
- Gustavo Rivera — cosponsor (person)
- Jabari Brisport — cosponsor (person)
- Jessica Ramos — cosponsor (person)
- Julia Salazar — cosponsor (person)
- Lea Webb — cosponsor (person)
- Liz Krueger — cosponsor (person)
- Rachel May — cosponsor (person)
- Samra Brouk — cosponsor (person)
- Sean Ryan — cosponsor (person)
- Zellnor Myrie — cosponsor (person)

## Timeline

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

- **2023-01-09** REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS `referral-committee`
- **2023-04-28** AMEND (T) AND RECOMMIT TO CORPORATIONS, AUTHORITIES AND COMMISSIONS `amendment-passage, referral-committee`
- **2023-04-28** PRINT NUMBER 995A `amendment-passage`
- **2023-05-23** AMEND (T) AND RECOMMIT TO CORPORATIONS, AUTHORITIES AND COMMISSIONS `amendment-passage, referral-committee`
- **2023-05-23** PRINT NUMBER 995B `amendment-passage`
- **2023-06-06** COMMITTEE DISCHARGED AND COMMITTED TO RULES `referral-committee`
- **2023-06-06** ORDERED TO THIRD READING CAL.1622
- **2023-06-06** PASSED SENATE `passage`
- **2023-06-06** DELIVERED TO ASSEMBLY
- **2023-06-06** REFERRED TO WAYS AND MEANS `referral-committee`
- **2023-06-09** SUBSTITUTED FOR A3484A
- **2023-06-09** ORDERED TO THIRD READING RULES CAL.753
- **2023-06-20** PASSED ASSEMBLY `passage`
- **2023-06-20** RETURNED TO SENATE
- **2023-12-12** DELIVERED TO GOVERNOR `executive-receipt`
- **2023-12-22** SIGNED CHAP.772 `executive-signature`
- **2023-12-22** APPROVAL MEMO.91

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a504226e-31cb-494d-8e10-a333cb05c6ab`. Confidence: reported (aggregated from official New York legislature records).