New York A 5733: Provides for the establishment of a biennial budgeting system for the state of New York replacing the state annual budget process

Bill Text

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A05733 Summary:

BILL NOA05733 

&nbsp

SAME ASSAME AS S06745

&nbsp

SPONSORHyndman

&nbsp

COSPNSRGriffin, Shrestha, McMahon, Burdick, Jacobson, Lunsford

&nbsp

MLTSPNSR

&nbsp

Amd §§359 & 6233, Ed L

&nbsp

Relates to reporting requirements of SUNY and CUNY; relates to financial information and identifying vendor information of each contract; relates to a list of all foundation and state university employees by campus, department and location including salaries, job titles and descriptions.

Go to top A05733 Actions:

BILL NOA05733 

&nbsp

02/20/2025referred to higher education

01/07/2026referred to higher education

05/19/2026reported referred to ways and means

06/05/2026reported referred to rules

Go to topA05733 Committee&nbspVotes:

Committee:HIGHER EDUCATION Chair:Hyndman 
DATE:05/19/2026AYE/NAY:22/0 Action: Favorable refer to committee Ways and Means HyndmanAyeSmullenAye

LupardoAyeSmithAye

StirpeAyeFitzpatrickAye

SimonAyeReillyAye

McDonaldAyeMillerAye

Bichotte HermelExcusedGrayAye

McMahonAyePirozzoloAye

ButtenschonAyeSempolinskiAbsent

ClarkAye

ForrestExcused

Chandler-WatermAye

SeawrightAye

EachusAye

SayeghAye

ReyesExcused

GriffinAye

KellesAye

O'PharrowAye

Committee:WAYS AND MEANS Chair:Pretlow 
DATE:06/05/2026AYE/NAY:31/0 Action: Favorable refer to committee Rules PretlowAyePalmesanoAye

GlickAyeFitzpatrickAye

ColtonAyeHawleyAye

CookExcusedBlankenbushAye

BenedettoAyeWalshAye

WeprinAyeDeStefanoExcused

RamosAyeManktelowAye

BraunsteinAyeSmullenExcused

McDonaldAyeGiglioAye

RozicAyeSlaterAye

DinowitzAye

MagnarelliAye

BronsonAye

DilanAbsent

SeawrightAye

HyndmanAye

WalkerAye

Bichotte HermelAye

SimonAye

CruzAye

OtisAye

SolagesAye

HunterAye

SeptimoAye

HevesiAye

Go to topA05733 Floor&nbspVotes:

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

Go to topA05733 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5733

 2025-2026 Regular Sessions

 IN ASSEMBLY

 February 20, 2025
 ___________

 Introduced by M. of A. HYNDMAN -- read once and referred to the Commit-
 tee on Higher Education

 AN ACT to amend the education law, in relation to reporting requirements
 of the state university of New York and city university of New York

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

 1 Section 1. Section 359 of the education law is amended by adding a new
 2 subdivision 5 to read as follows:
 3 5. The trustees of the state university of New York shall require, on
 4 or before November first of each year, an annual report of the research
 5 foundation of the state university of New York, and an annual report of
 6 state-operated institutions' and community colleges' campus foundations
 7 and their subsidiaries, in a standardized format developed by the chan-
 8 cellor. The annual reports required by this subdivision shall be posted
 9 publicly on the website of the state university of New York in a machine
 10 readable format by November first of each year. The reports shall
 11 include, but not be limited to:
 12 a. financial reports, including: audited financials in accordance with
 13 all applicable regulations and following generally accepted accounting
 14 principles as defined in subdivision ten of section two of the state
 15 finance law, and any long-term liabilities;
 16 b. a list of all contracts, including amount, purpose and identifying
 17 vendor information of each contract; and
 18 c. a list of all foundation and state university employees by campus,
 19 department and job location, and the amount spent by campus, department
 20 and job location which shall include annual employee salaries or other
 21 compensation, employee job titles and descriptions and employee bene-
 22 fits.
 23 § 2. Section 6233 of the education law is amended by adding a new
 24 subdivision 4 to read as follows:

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD09856-01-5

 A. 5733 2

 1 4. The trustees of the city university of New York shall require, on
 2 or before November first of each year, an annual report of the research
 3 foundation of the city university of New York, and an annual report of
 4 senior colleges' and community colleges' campus fo