df176ce612
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
96 lines
4.0 KiB
Markdown
96 lines
4.0 KiB
Markdown
---
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type: "Bill"
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title: "Provides for expanded ownership in design professional corporations by employee stock ownership plans and non-licensed employees"
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description: "Provides for expanded ownership in design professional corporations by employee stock ownership plans and non-licensed employees."
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jurisdiction: "us/states/ny"
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legislature: "New York Legislature"
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session: "2021-2022"
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identifier: "S 5261"
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citation: "New York S 5261 (2021-2022)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["KENNEDY"]
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version_count: 3
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action_count: 30
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vote_count: 6
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first_action: "2021-03-01"
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last_action: "2022-07-21"
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source: "openstates"
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source_identifier: "ocd-bill/5e1a2396-557e-4459-bf05-d710fbf4dbab"
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source_url: "http://www.nysenate.gov/legislation/bills/2021/S5261"
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source_hash: "ffee0f029ce92fa9e88e70e20ee5e2597b5394de16928f125a1385b2f97c85f1"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ny"]
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---
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# New York S 5261 (2021-2022) — Provides for expanded ownership in design professional corporations by employee stock ownership plans and non-licensed employees
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Provides for expanded ownership in design professional corporations by employee stock ownership plans and non-licensed employees.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **S5261** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S5261&term=2021&Text=Y)
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2. **S5261A** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2021/S5261A)
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3. **S5261B** (committee substitute) — [source](http://legislation.nysenate.gov/pdf/bills/2021/S5261B)
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## Votes
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- Floor Vote - Version: B — **62–0** (pass) · upper
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- Floor Vote — **63–0** (pass) · upper
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- Assembly Vote — **146–1** (pass) · lower
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- Corporations, Authorities And Commissions Vote — **7–0** (pass) · upper
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- Floor Vote - Version: A — **63–0** (pass) · upper
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- Corporations, Authorities And Commissions Vote — **7–0** (pass) · upper
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## Sponsors
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- KENNEDY — primary (person)
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- GALLIVAN — cosponsor (person)
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- HELMING — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2021-03-01** REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS `referral-committee`
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- **2021-05-04** 1ST REPORT CAL.893
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- **2021-05-05** 2ND REPORT CAL.
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- **2021-05-10** ADVANCED TO THIRD READING
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- **2021-06-01** PASSED SENATE `passage`
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- **2021-06-01** DELIVERED TO ASSEMBLY
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- **2021-06-01** REFERRED TO HIGHER EDUCATION `referral-committee`
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- **2022-01-05** DIED IN ASSEMBLY
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- **2022-01-05** RETURNED TO SENATE
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- **2022-01-05** REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS `referral-committee`
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- **2022-01-25** 1ST REPORT CAL.331
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- **2022-01-26** AMENDED 5261A `amendment-passage`
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- **2022-01-26** 2ND REPORT CAL.
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- **2022-01-31** ADVANCED TO THIRD READING
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- **2022-02-14** PASSED SENATE `passage`
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- **2022-02-14** DELIVERED TO ASSEMBLY
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- **2022-02-14** REFERRED TO HIGHER EDUCATION `referral-committee`
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- **2022-04-25** RECALLED FROM ASSEMBLY
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- **2022-04-25** RETURNED TO SENATE
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- **2022-04-26** VOTE RECONSIDERED - RESTORED TO THIRD READING
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- **2022-04-26** AMENDED ON THIRD READING 5261B `amendment-passage`
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- **2022-05-02** REPASSED SENATE `passage`
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- **2022-05-02** RETURNED TO ASSEMBLY
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- **2022-05-02** REFERRED TO HIGHER EDUCATION `referral-committee`
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- **2022-05-03** SUBSTITUTED FOR A1891D
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- **2022-05-03** ORDERED TO THIRD READING CAL.524
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- **2022-05-03** PASSED ASSEMBLY `passage`
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- **2022-05-03** RETURNED TO SENATE
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- **2022-07-11** DELIVERED TO GOVERNOR `executive-receipt`
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- **2022-07-21** SIGNED CHAP.439 `executive-signature`
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## Source
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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).
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