New York A 714: Relates to the approval of certain public authorities contracts by the state comptroller

Bill Text

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A00714 Summary:

BILL NOA00714 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORRosenthal

&nbsp

COSPNSRHyndman, Seawright

&nbsp

MLTSPNSR

&nbsp

Amd §2879-a, Pub Auth L

&nbsp

Relates to the approval of certain public authorities' contracts by the state comptroller.

Go to top A00714 Actions:

BILL NOA00714 

&nbsp

01/08/2025referred to corporations, authorities and commissions

01/07/2026referred to corporations, authorities and commissions

Go to topA00714 Committee&nbspVotes:

Go to topA00714 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA00714 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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