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.
STATE OF NEW YORK
________________________________________________________________________
4416
2023-2024 Regular Sessions
IN SENATE
February 8, 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 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.
LBD02006-01-3
