BILL NUMBER: S6354
SPONSOR: COMRIE
TITLE OF BILL:
An act to amend the administrative code of the city of New York, in
relation to prohibiting city agencies from contracting with a limited
liability company unless such limited liability company discloses the
names and addresses of persons having limited liability for the contrac-
tual obligations and other liabilities of the company
PURPOSE OR GENERAL IDEA OF BILL:
Prohibits city agencies in a city having a population of one million or
more from contracting with a limited liability company unless such
limited liability company discloses the names of the business members.
SUMMARY OF PROVISIONS:
Section 1. The administrative code of the city of New York is amended 2
by adding a new section,6-102-a to read as follows: 3 § 6-102-a.
Disclosure of relationships. No city agency shall contract with a limit-
ed liability company as defined in section one hundred two of the limit-
ed liability company law for the purchase, lease or supply of goods,
services or construction unless and until such limited liability company
discloses in writing the names and addresses of persons having limited
liability for the contractual obligations and other liabilities of the
company.
JUSTIFICATION:
There is an immense amount of limited liability companies in New York
City which avoid disclosing any details of their operations. For regular
citizens, it is almost impossible to find out who the real owner of such
companies is and what their true intentions are. It is time to give our
residents the transparency and accessibility they deserve. New Yorkers
need to be informed what businesses are doing in their districts and who
are the members and owners of such companies. With such law, the city
agencies will help New Yorkers to uncover the hidden business practices
that damage our residents.
PRIOR LEGISLATIVE HISTORY:
2024: A.1759/Cities
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:
NONE.
EFFECTIVE DATE:
This act shall take effect on the ninetieth day after it shall have
become a law.