New York S 6679: Requires nursing homes that maintain a trust fund or funds into which residents' money is deposited to conduct quarterly audits and to report the findings of such audits to the commissioner of public health

Status: REFERRED TO HEALTH (as of 2026-01-07)

State: New York · Session: 2025-2026 · Bill: S 6679

Sponsors: Cordell Cleare

Bill Text

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S06679 Summary:

BILL NOS06679 

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SAME ASNo Same As

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SPONSORCLEARE

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COSPNSR

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MLTSPNSR

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Add §2862-a, Pub Health L

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Requires nursing homes that maintain a trust fund or funds into which residents' money is deposited to conduct quarterly audits and to report the findings of such audits to the commissioner of public health.

Go to top S06679 Actions:

BILL NOS06679 

&nbsp

03/19/2025REFERRED TO HEALTH

01/07/2026REFERRED TO HEALTH

Go to topS06679 Committee&nbspVotes:

Go to topS06679 Floor&nbspVotes:

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

Go to topS06679 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 6679

 2025-2026 Regular Sessions

 IN SENATE

 March 19, 2025
 ___________

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

 AN ACT to amend the public health law, in relation to requiring nursing
 homes that maintain a trust fund or funds into which residents' money
 is deposited to conduct quarterly audits and to report the findings of
 such audits to the commissioner of public health

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

 1 Section 1. The public health law is amended by adding a new section
 2 2862-a to read as follows:
 3 § 2862-a. Audits of trust fund accounts. 1. Each nursing home company
 4 subject to the provisions of this article shall, at its own expense,
 5 arrange for quarterly financial audits of all books and records pertain-
 6 ing to each trust fund account into which moneys of residents of the
 7 nursing home facilities operated by the company are deposited. A sepa-
 8 rate audit shall be conducted for each nursing home facility operated
 9 by the company in this state.
 10 2. The audits shall be conducted by a third party unaffiliated with
 11 the nursing home company and shall be conducted for the purpose of
 12 ensuring that residents' moneys are not misappropriated.
 13 3. Copies of the report of such audits shall be provided to the
 14 commissioner within sixty days of the completion of the audit.
 15 4. The commissioner may examine and audit the books and records of the
 16 company at any time.
 17 § 2. This act shall take effect on the first of January next succeed-
 18 ing the date upon which it shall have become a law.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD11043-01-5

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