The NonProfit Times recently wrote about the passage of the Nonprofit Revitalization Act by the NYS Legislature:

A bill that would reform the laws governing nonprofits in New York unanimously passed both houses of the state’s legislature. It now awaits a signature from Gov. Andrew Cuomo before it becomes law.

The legislation, called the Nonprofit Revitalization Act, was written by New York Attorney General Eric T. Schneiderman and sponsored by Sen. Michael Razenhofer (R-Amherst) and Assemblyman James Brennan (D-Brooklyn). It represents...

Read more