New York S 2324: Relates to the sale or transfer of certain real property by the state or public authorities

Bill Text

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S02324 Summary:

BILL NOS02324 

&nbsp

SAME ASSAME AS A05009

&nbsp

SPONSORCOMRIE

&nbsp

COSPNSRJACKSON, RAMOS

&nbsp

MLTSPNSR

&nbsp

Amd §2897, Pub Auth L; add §33-a, amd §3, Pub Lds L

&nbsp

Relates to the sale or transfer of certain real property by the state or public authorities; requires mandatory review by the attorney general and comptroller of the sale of certain real property; requires notice to members of the legislature and county executives in districts and counties in which land subject to transfer is located of the proposed transfer of state property between state departments, divisions, bureaus, agencies, state agencies, or to a public authority or public benefit corporation.

Go to top S02324 Actions:

BILL NOS02324 

&nbsp

01/16/2025REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

01/28/20251ST REPORT CAL.197

02/03/20252ND REPORT CAL.

02/04/2025ADVANCED TO THIRD READING 

02/24/2025PASSED SENATE

02/24/2025DELIVERED TO ASSEMBLY

02/24/2025referred to governmental operations

01/07/2026died in assembly

01/07/2026returned to senate

01/07/2026REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

01/20/20261ST REPORT CAL.120

01/21/20262ND REPORT CAL.

01/27/2026ADVANCED TO THIRD READING 

02/09/2026PASSED SENATE

02/09/2026DELIVERED TO ASSEMBLY

02/09/2026referred to governmental operations

Go to topS02324 Committee&nbspVotes:

Go to topS02324 Floor&nbspVotes:

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

Go to topS02324 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 2324

 2025-2026 Regular Sessions

 IN SENATE

 January 16, 2025
 ___________

 Introduced by Sens. COMRIE, JACKSON, RAMOS -- read twice and ordered
 printed, and when printed to be committed to the Committee on Corpo-
 rations, Authorities and Commissions

 AN ACT to amend the public authorities law and the public lands law, in
 relation to the sale or transfer of certain real property by the state
 or public authorities

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Section 2897 of the public authorities law is amended by
 2 adding a new subdivision 8 to read as follows:
 3 8. Comptroller and attorney general approval of contracts. a. Negoti-
 4 ated contracts for the disposal of real property with an estimated fair
 5 market value in excess of two hundred fifty thousand dollars to a
 6 private entity shall require supervision in the form of prior review and
 7 approval of such contracts and any such contract entered into shall be
 8 submitted to the comptroller and the attorney general for their approval
 9 and shall not be a valid enforceable contract unless it shall first have
 10 been so approved. The comptroller, in consultation with the attorney
 11 general, shall promulgate such rules and regulations as may be necessary
 12 to carry out their responsibilities under this section, including but
 13 not limited to the standards for approving contracts subject to this
 14 subdivision.
 15 b. Where a contract is subject to mandatory review by the comptroller
 16 and the attorney general pursuant to paragraph a of this subdivision,
 17 the vendor public authority shall include or cause to be included in
 18 each such contract a provision informing the other party that such
 19 contract is subject to the comptroller's and the attorney general's
 20 approval pursuant to this subdivision and the comptroller's authority to
 21 supervise the accounts of public corporations. If the comptroller and
 22 the attorney general have not approved or disapproved any contract
 23 subject to their approval within ninety days of submission to their

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD04937-01-5

 S. 2324 2

 1 respective office, such contract shall become valid and enforceable
 2 without such approval.
 3 § 2. The public lands law is amended by adding a new section 33-a to
 4 read as follows:
 5 § 33-a. Comptroller and attorney general approval of private sale
 6 contracts. 1. To the extent a public sale is not required and a negoti-
 7 ated contract for the disposal of unappropriated state lands with an
 8 estimated fair market value in excess of one hun