Relates to creating annual reporting obligations by municipal housing authorities to the authorities budget office with respect to state-funded activities of such municipal housing authorities.
STATE OF NEW YORK
________________________________________________________________________
1081
2023-2024 Regular Sessions
IN SENATE
January 10, 2023
___________
Introduced by Sen. COMRIE -- read twice and ordered printed, and when
printed to be committed to the Committee on Corporations, Authorities
and Commissions
AN ACT to amend the public authorities law, in relation to creating
annual reporting obligations by municipal housing authorities to the
authorities budget office with respect to state-funded activities of
such municipal housing authorities
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 2801 of the public authorities law is amended by
2 adding a new subdivision 4 to read as follows:
3 4. Municipal housing authorities. For the municipal housing authority
4 fiscal year ending in the calendar year following the calendar year of
5 the effective date of this subdivision, and annually thereafter, every
6 municipal housing authority created by the public housing law shall
7 submit to the chief executive officer, the chief fiscal officer, and the
8 authorities budget office for their information, annually not more than
9 ninety days and not less than sixty days before the commencement of its
10 fiscal year, in the form submitted to its board, budget information on
11 operations and capital construction setting forth the estimated receipts
12 and expenditures for the next fiscal year and the current fiscal year,
13 and the actual receipts and expenditures for the last completed fiscal
14 year, for all projects and activities funded in whole or in part by the
15 state.
16 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD03358-01-3
