New York S 7424: Relates to funding of state university of New York programs by state agencies

Bill Text

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S07424 Summary:

BILL NOS07424 

&nbsp

SAME ASSAME AS A09034

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SPONSORMAY

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COSPNSR

&nbsp

MLTSPNSR

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Amd §179-ee, St Fin L

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Provides that state-funded SUNY programs shall be reimbursed at no less than 26% of the direct costs; allows state agencies to fund SUNY programs where such state agencies determine that such program would produce administrative efficiencies or cost savings.

Go to top S07424 Actions:

BILL NOS07424 

&nbsp

04/16/2025REFERRED TO PROCUREMENT AND CONTRACTS

01/07/2026REFERRED TO PROCUREMENT AND CONTRACTS

Go to topS07424 Committee&nbspVotes:

Go to topS07424 Floor&nbspVotes:

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

Go to topS07424 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7424

 2025-2026 Regular Sessions

 IN SENATE

 April 16, 2025
 ___________

 Introduced by Sen. MAY -- read twice and ordered printed, and when
 printed to be committed to the Committee on Procurement and Contracts

 AN ACT to amend the state finance law, in relation to funding of state
 university of New York programs by state agencies

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

 1 Section 1. All New York state sponsored programs conducted by the
 2 state university of New York and funded by a New York state agency shall
 3 be reimbursed at no less than twenty-six percent of the direct costs
 4 necessary to fulfill the obligations of such program's terms related to
 5 costs not otherwise allowable as a direct charge.
 6 § 2. Section 179-ee of the state finance law is amended by adding a
 7 new subdivision 4 to read as follows:
 8 4. Notwithstanding any other provision of this article to the contra-
 9 ry, for the purposes of a contract for a New York state sponsored
 10 program conducted by the state university of New York and funded by a
 11 state agency, a state agency may award a sole source contract to the
 12 research foundation of the state university of New York, on behalf of
 13 the state of New York, when the state agency determines that operation
 14 of such sponsored program by the state university of New York would
 15 produce administrative efficiencies or cost savings or program results
 16 which would exceed those likely to be achieved through the use of a
 17 request for proposals.
 18 § 3. This act shall take effect immediately and shall apply to
 19 contracts awarded on or after such effective date.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD11661-01-5

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