STATE OF NEW YORK
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6118
2011-2012 Regular Sessions
IN ASSEMBLY
March 8, 2011
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Introduced by M. of A. BRENNAN -- read once and referred to the Commit-
tee on Corporations, Authorities and Commissions
AN ACT to amend the public authorities law, in relation to public bene-
fits in exchange for public funds
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The public authorities law is amended by adding a new
2 section 2927 to read as follows:
3 § 2927. Public benefits. No state authority or local authority as
4 defined by section two of this chapter and no other governmental entity
5 may issue, approve or seek the grant or transfer of any economic or
6 financial benefit to a private entity without a specific published list-
7 ing of the benefits to be received by the public. Such benefits shall
8 include but not be limited to employment, public access, and private
9 investment. The published listing shall be made public at least sixty
10 days before the issuance of the economic or financial benefits.
11 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD09597-01-1
