New York · 2025 Regular Session · Bill
S 8432: Relates to the scope of certain provisions relating to beneficial owners of limited liability companies
Vetoed Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
- Vetoed
Last official action: ·Record last updated:
Plain-language summary
S 8432 is a bill introduced in the New York Senate on June 10, 2025. According to its official title, it concerns: Relates to the scope of certain provisions relating to beneficial owners of limited liability companies. Primary sponsor: Brad Hoylman-Sigal. Most recent recorded action (December 19, 2025): VETOED MEMO.164.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
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.
Sponsors
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Brad Hoylman-Sigal | Primary sponsor | Not applicable (committee) | — | — |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- VETOED MEMO.164
- DELIVERED TO GOVERNOR
- RETURNED TO SENATE
- PASSED ASSEMBLY
- ORDERED TO THIRD READING RULES CAL.686
- SUBSTITUTED FOR A8662A
- REFERRED TO WAYS AND MEANS
- DELIVERED TO ASSEMBLY
- PASSED SENATE
- ORDERED TO THIRD READING CAL.2030
- REFERRED TO RULES