New York A 769: Relates to reporting requirements for certain state funds

Bill Text

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A00769 Summary:

BILL NOA00769 

&nbsp

SAME ASNo Same As

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SPONSORRosenthal

&nbsp

COSPNSR

&nbsp

MLTSPNSR

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Amd St Fin L, generally

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Expands reporting requirements for certain state funds.

Go to top A00769 Actions:

BILL NOA00769 

&nbsp

01/08/2025referred to ways and means

01/07/2026referred to ways and means

Go to topA00769 Committee&nbspVotes:

Go to topA00769 Floor&nbspVotes:

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

Go to topA00769 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 769

 2025-2026 Regular Sessions

 IN ASSEMBLY

 (Prefiled)

 January 8, 2025
 ___________

 Introduced by M. of A. ROSENTHAL -- read once and referred to the
 Committee on Ways and Means

 AN ACT to amend the state finance law, in relation to reporting require-
 ments for certain funds

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

 1 Section 1. Subdivision 5 of section 95-i of the state finance law, as
 2 added by chapter 290 of the laws of 2018, is amended to read as follows:
 3 5. (a) As a condition of receiving grants from the fund, the Greater
 4 New York ALS Association and the ALS Association Upstate New York Chap-
 5 ter shall agree to issue and shall issue, on or before the first day of
 6 February each year, a report including, but not limited to, financial
 7 statements, financial reports and reports on the issuance of grants.
 8 Such reports shall be delivered to the governor, the temporary president
 9 of the senate, the speaker of the assembly, and the chairs of the senate
 10 finance committee and the assembly ways and means committee and shall
 11 also be made available to the public. Such financial statements and
 12 reports shall be audited by a nationally recognized accounting firm.
 13 Such report shall include how the monies of the fund were utilized
 14 during the preceding calendar year, and shall include:
 15 (i) the amount of money dispersed from the fund;
 16 (ii) recipients of awards from the fund and how such recipients were
 17 selected;
 18 (iii) the amount awarded to each recipient;
 19 (iv) the purposes for which such awards were granted;
 20 (v) a summary financial plan for such monies which shall include esti-
 21 mates of all receipts and all disbursements for the current and succeed-
 22 ing fiscal years, along with the actual results from the prior fiscal
 23 year; and

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD02563-01-5

 A. 769 2

 1 (vi) an explanation of why any remaining funds were not utilized, if
 2 applicable.
 3 (b) Such report shall be made available to the public on the depart-
 4 ment of health's website. Should a report not be made available by the
 5 first day of February each year, the department shall update its website
 6 to inform the public that such report is not yet available and provide
 7 an expected release date.
 8 § 2. Subdivisions 2-b and 5 of section 89-e of the state finance law,
 9 subdivision 2-b as amended by chapter 453 of the laws of 2015, and
 10 subdivision 5 as added by chapter 590 of the laws of 1999, are amended
 11 to read as follows:
 12 2-b. (a) On or before the first day of February each year, the commis-
 13 sioner of health shall provide a written report to the governor, the
 14 temporary president of the senate, the speaker of the assembly, the
 15 chair of the senate finance committee, the chair of the assembly ways
 16 and means committee, the chair of the senate committee on health, the
 17 chair of the assembly health committee, the state comptroller, and the
 18 public. Such report shall include how the monies of the fund were
 19 utilized during the preceding calendar year and shall include:
 20 (i) the amount of money dispersed from the fund [and the award process
 21 used for such disbursements];
 22 (ii) recipients of awards from the fund and how such recipients were
 23 selected;
 24 (iii) the amount awarded to each recipient;
 25 (iv) the purposes for which such awards were granted; [and]
 26 (v) a summary financial plan for such monies which shall include esti-
 27 mates of all receipts and all disbursements for the current and succeed-
 28 ing fiscal years, along with