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A05910 Summary:

BILL NOA05910
 
SAME ASSAME AS S02297
 
SPONSORZebrowski
 
COSPNSR
 
MLTSPNSR
 
Add §34-b, Gen Muni L
 
Allows for the examination of projects and/or actions by industrial development agencies and not-for-profit corporations by county comptrollers.
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A05910 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5910
 
                               2023-2024 Regular Sessions
 
                   IN ASSEMBLY
 
                                     March 24, 2023
                                       ___________
 
        Introduced  by  M.  of  A.  ZEBROWSKI  --  read once and referred to the
          Committee on Local Governments
 
        AN ACT to amend the general municipal law, in relation to  allowing  for
          the  examination of industrial development agencies and not-for-profit
          corporations by county comptrollers

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  The  general  municipal  law  is  amended by adding a new
     2  section 34-b to read as follows:
     3    § 34-b. Examination of industrial development  agencies  and  not-for-
     4  profit corporations by county comptrollers. 1. Examination of industrial
     5  development  agency  projects  and actions by county comptrollers. (a) A
     6  county comptroller may conduct an audit of a project and/or action of an
     7  industrial development agency located within the county.
     8    (b) In counties where  there  is  no  county  comptroller,  the  chief
     9  elected  official  of  the county shall designate the budget director or
    10  finance director to undertake such audits.
    11    (c) For purposes of  this  section,  industrial  development  agencies
    12  include  such public authorities defined in paragraph (c) of subdivision
    13  two of section two of the public authorities law.
    14    2. Examination of not-for-profit corporations by county  comptrollers.
    15  (a) A county comptroller may conduct an audit of a not-for-profit corpo-
    16  ration affiliated with, sponsored by, or created by a county, city, town
    17  or village government, located within the county.
    18    (b)  In  counties  where  there  is  no  county comptroller, the chief
    19  elected official of the county shall designate the  budget  director  or
    20  finance director to undertake such audits.
    21    (c)  For purposes of this section, not-for-profit corporations include
    22  such public authorities defined in paragraph (b) of subdivision  two  of
    23  section two of the public authorities law.
    24    §  2.  This  act shall take effect on the ninetieth day after it shall
    25  have become a law.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02353-01-3
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