New York State Assembly

Bill No.:  

 
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S01850 Summary:

BILL NO	S01850
SAME AS	No Same As
SPONSOR	COMRIE
COSPNSR
MLTSPNSR
Amd §1411, N-PC L
Authorizes the comptroller to audit local development corporations.

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S01850 Actions:

BILL NO	S01850
01/17/2023	REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
01/03/2024	REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

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S01850 Committee Votes:

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S01850 Floor Votes:

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S01850 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          1850
 
                               2023-2024 Regular Sessions
 
                    IN SENATE
 
                                    January 17, 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  not-for-profit  corporation law, in relation to
          authorizing the comptroller to audit local development corporations

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1. Paragraph (i) of section 1411 of the not-for-profit corpo-
     2  ration law is relettered paragraph (j) and a new paragraph (i) is  added
     3  to read as follows:
     4    (i) Audit.
     5    The  comptroller  has  the  authority  to  audit any local development
     6  corporation incorporated or reincorporated pursuant to this section.
     7    § 2. This act shall take effect immediately.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03621-01-3

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