New York S 8748: Allows for the donation of personal property of the state to certain not-for-profit organizations

Bill Text

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S08748 Summary:

BILL NOS08748 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORCOONEY

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §167, St Fin L

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Allows for the donation of personal property of the state to certain not-for-profit organizations that are up to date on annual filings.

Go to top S08748 Actions:

BILL NOS08748 

&nbsp

01/08/2026REFERRED TO FINANCE

Go to topS08748 Committee&nbspVotes:

Go to topS08748 Floor&nbspVotes:

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

Go to topS08748 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 8748

 IN SENATE

 January 8, 2026
 ___________

 Introduced by Sen. COONEY -- read twice and ordered printed, and when
 printed to be committed to the Committee on Finance

 AN ACT to amend the state finance law, in relation to allowing for the
 donation of personal property of the state to certain not-for-profit
 organizations

 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 167 of the state finance law, as
 2 added by chapter 83 of the laws of 1995, is amended to read as follows:
 3 1. The head of a state agency having custody or control of such prop-
 4 erty, except vehicles, may: (a) dispose of such property in accordance
 5 with applicable express statutory provisions, (b) reuse such property
 6 within the same state agency, (c) use the property in part payment on a
 7 new item which may include, but shall not be limited to, use as a trade-
 8 in or use in a guaranteed brokerage arrangement, (d) with the consent of
 9 the commissioner, place such property in the custody or control of the
 10 office of general services for reuse by other state agencies or for
 11 other disposition, or (e) where the fair market value of such property
 12 is less than an amount established from time to time by the commission-
 13 er, dispose of such property by such means as the head of such state
 14 agency deems to be in the best interest of the state or donate such
 15 property to a 501(c)(3) not-for-profit organization that is up to date
 16 on their annual filings. Records of each disposition shall be retained
 17 by the state agency disposing of such property and shall be subject to
 18 audit. Where personal property has been purchased from special funds, a
 19 state agency, upon designation of the source of funds from which such
 20 property was purchased, may condition the disposal of such property on
 21 the reimbursement of such special fund in the amount of the fair market
 22 value of such property. All proceeds realized on sale or other transfer
 23 and not otherwise authorized to be deposited in a special fund, shall be
 24 deposited in the general fund of the state.
 25 § 2. This act shall take effect on the one hundred eightieth day after
 26 it shall have become a law.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD03178-01-5

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