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A09477 Summary:

BILL NOA09477A
 
SAME ASSAME AS S06776-A
 
SPONSORHyndman
 
COSPNSR
 
MLTSPNSR
 
Amd §§2800 & 2801, Pub Auth L
 
Requires certain reports of public authorities are published via the public authorities reporting information system and shall not require login credentials.
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A09477 Actions:

BILL NOA09477A
 
03/14/2024referred to corporations, authorities and commissions
05/02/2024amend (t) and recommit to corporations, authorities and commissions
05/02/2024print number 9477a
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A09477 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A9477A
 
SPONSOR: Hyndman
  TITLE OF BILL: An act to amend the public authorities law, in relation to requiring certain reports of public authorities are published via the public authorities reporting information system   PURPOSE: To increase transparency and accessibility to certain information that public authorities are required to report, and make it readily available to the public rather than the current mechanism of access that exists today.   SUMMARY OF PROVISIONS: Section 1 and 2 Amend Sections 2800 and 2801 of the public authorities law to require annual reports and budget reports that public authorities are required to submit to the Authorities Budget Office to be made available to the public on the Public Authorities Reporting Information System (PARIS). This system currently requires a login. This bill would enable public access. Section 3 Sets the effective date.   JUSTIFICATION: There are statutes and regulations that require this information be reported so there is adequate oversight of public entities and authori- ties. This will increase the accessibility of public oversight by allow- ing unrestricted access to this information that is already required to be reported and submitted to the Authorities Budget Office. The role of Public Authorities and Industrial. Development Agencies is essential to development of communities from the local to state level. There is information in the reports ranging from financial status, information related to the board of directors, how much debt the author- ity maintains, revenues, expenditures and more. Therefore, if the infor- mation must be reported in this database, it should be just as easily accessible to the public.   LEGISLATIVE HISTORY: 2022: S1207, PASSED SENATE 03/31/2022; referred to corporations, author- ities and commissions in assembly 2021: $1207, PASSED SENATE 06/03/2021; died in assembly 2020: 58941, died in rules.   FISCAL IMPLICATIONS: None.   EFFECTIVE DATE: 180 Days
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A09477 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         9477--A
 
                   IN ASSEMBLY
 
                                     March 14, 2024
                                       ___________
 
        Introduced  by M. of A. HYNDMAN -- read once and referred to the Commit-
          tee  on  Corporations,  Authorities  and  Commissions   --   committee
          discharged, bill amended, ordered reprinted as amended and recommitted
          to said committee
 
        AN  ACT  to  amend  the public authorities law, in relation to requiring
          certain reports of public authorities are  published  via  the  public
          authorities reporting information system
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 2800 of the public authorities law  is  amended  by
     2  adding a new subdivision 5 to read as follows:
     3    5.  The annual reports required by this section shall be published via
     4  the public  authorities  reporting  information  system  and  shall  not
     5  require login credentials to access.
     6    § 2. Section 2801 of the public authorities law is amended by adding a
     7  new subdivision 4 to read as follows:
     8    4.  The budget reports required by this section shall be published via
     9  the public  authorities  reporting  information  system  and  shall  not
    10  require login credentials to access.
    11    § 3. This act shall take effect on the one hundred eightieth day after
    12  it shall have become a law.
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11257-03-4
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