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A00714 Summary:

BILL NOA00714
 
SAME ASNo Same As
 
SPONSORRosenthal
 
COSPNSRHyndman, Seawright
 
MLTSPNSR
 
Amd §2879-a, Pub Auth L
 
Relates to the approval of certain public authorities' contracts by the state comptroller.
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A00714 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                           714
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                       (Prefiled)
 
                                     January 8, 2025
                                       ___________
 
        Introduced  by  M.  of A. ROSENTHAL, HYNDMAN, SEAWRIGHT -- read once and
          referred to the Committee on Corporations, Authorities and Commissions
 
        AN ACT to amend the public authorities law, in relation to the  approval
          of certain public authorities contracts by the state comptroller

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Subdivision 1 of section 2879-a of the  public  authorities
     2  law,  as added by chapter 506 of the laws of 2009, is amended to read as
     3  follows:
     4    1. Except as set forth in subdivision three of this section, where the
     5  comptroller determines pursuant  to  [his  or  her]  such  comptroller's
     6  authority  to  supervise  the  accounts  of  public  corporations,  that
     7  contracts or categories of contracts in excess of  one  million  dollars
     8  [(a)]  to  be  awarded  by a state authority [to a single source, a sole
     9  source or pursuant to any  other  method  of  procurement  that  is  not
    10  competitive, or (b) which are to be paid in whole or in part from monies
    11  appropriated  by  the  state  to  a state authority for such contractual
    12  expenditure], require supervision  in  the  form  of  prior  review  and
    13  approval of such contracts, and the comptroller so notifies such author-
    14  ity  of  such  determination, then any such contract entered into subse-
    15  quent to such notification shall be submitted  to  the  comptroller  for
    16  [his  or  her]  such  comptroller's  approval  and  shall not be a valid
    17  enforceable contract unless it shall first have  been  approved  by  the
    18  comptroller.   Such   notification   shall   identify  the  process  for
    19  submission, the categories of contracts at issue and the time period for
    20  which such submission is to take place. The comptroller shall promulgate
    21  such rules and regulations as may be necessary to carry out [his or her]
    22  such comptroller's responsibilities under this  section,  including  but
    23  not  limited  to  the  standards for determining which contracts will be
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02628-01-5

        A. 714                              2
 
     1  subject to [his or her] such comptroller's review and for approving such
     2  contracts.
     3    §  2.  This  act  shall take effect on the sixtieth day after it shall
     4  have become a law.
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