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A09803 Summary:

Amd 1086, Pub Auth L
Extends the time period for the Suffolk county water authority to file its annual reports.
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A09803 Text:

                STATE OF NEW YORK
                   IN ASSEMBLY
                                     April 18, 2022
        Introduced  by M. of A. STERN -- read once and referred to the Committee
          on Corporations, Authorities and Commissions
        AN ACT to amend the public authorities law,  in  relation  to  the  time
          period  for  the  Suffolk  county  water  authority to file its annual
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Section 1086 of the public authorities law, as amended by
     2  chapter 838 of the laws of 1983, is amended to read as follows:
     3    § 1086. Audit of authority; annual  report.  In  conformity  with  the
     4  provisions  of  section  five  of  article  ten of the constitution, the
     5  accounts of the authority shall be subject to  the  supervision  of  the
     6  state  comptroller and such state comptroller and his legally authorized
     7  representatives are hereby authorized and empowered from time to time to
     8  examine the accounts and the  books  of  the  authority,  including  its
     9  receipts,  disbursements,  contracts, leases, sinking funds, investments
    10  and any other matters relating to its financial standing. The  authority
    11  shall annually submit to the governor and to the legislature and also to
    12  the board of supervisors of Suffolk county a detailed report pursuant to
    13  the provisions of section twenty-eight hundred of this chapter. Notwith-
    14  standing the ninety day period set forth in paragraph (a) of subdivision
    15  two of section twenty-eight hundred of this chapter, the authority shall
    16  submit such detailed report within one hundred and twenty days after the
    17  end of its fiscal year.
    18    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
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