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A03142 Summary:

BILL NOA03142
 
SAME ASSAME AS S04232
 
SPONSORCarroll R
 
COSPNSRGonzalez-Rojas, Simone, Mitaynes, Gallagher, Shrestha, Septimo, Seawright, Cunningham
 
MLTSPNSR
 
Amd §2975, Pub Auth L
 
Provides that funds recovered from public authorities for the provision of governmental services and allocated to the independent authorities budget office shall only be used for direct expenses of the authorities budget office and may not be used for fringe benefits and indirect costs.
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A03142 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          3142
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                    January 23, 2025
                                       ___________
 
        Introduced  by  M.  of  A. R. CARROLL, GONZALEZ-ROJAS, SIMONE, MITAYNES,
          GALLAGHER, SHRESTHA, SEPTIMO, SEAWRIGHT, CUNNINGHAM -- read  once  and
          referred to the Committee on Corporations, Authorities and Commissions
 
        AN  ACT  to amend the public authorities law, in relation to funds allo-
          cated to the independent authorities budget office

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  Subdivision 3-a of section 2975 of the public authorities
     2  law, as added by chapter 506 of the laws of 2009, is amended to read  as
     3  follows:
     4    3-a.  A  direct  portion of these funds shall be allocated to fund the
     5  authorities budget office established by section four of  this  chapter.
     6  Such  allocation  shall  only  be  used  for  the direct expenses of the
     7  authorities budget office and shall  not  include  fringe  benefits  and
     8  indirect costs.
     9    § 2. This act shall take effect immediately.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04318-01-5
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