Assembly Bill A3630

2013-2014 Legislative Session

Relates to clarifying and making certain technical corrections to the public authorities reform act of 2009; repealer

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Archive: Last Bill Status - In Senate Committee Rules Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2013-A3630 (ACTIVE) - Details

Current Committee:
Senate Rules
Law Section:
Public Authorities Law
Laws Affected:
Amd §§2800, 2801, 2802, 2825, 2827-a, 2879, 2896 & 2925, rpld §2801 sub 3, §2806, Pub Auth L; amd §§561-a & 859, Gen Muni L
Versions Introduced in Other Legislative Sessions:
2011-2012: A7798
2015-2016: A5415

2013-A3630 (ACTIVE) - Summary

Relates to clarifying and making certain technical corrections to the public authorities reform act of 2009.

2013-A3630 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  3630

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            January 28, 2013
                               ___________

Introduced  by M. of A. BRENNAN -- (at request of the State Comptroller)
  -- read once and referred to the Committee on  Corporations,  Authori-
  ties and Commissions

AN  ACT  to  amend  the public authorities law and the general municipal
  law,  in  relation  to  clarifying  and   making   certain   technical
  corrections  to  the  public  authorities  reform  act of 2009; and to
  repeal certain provisions of the public authorities law relating ther-
  eto

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Paragraphs (a) and (b) of subdivision 1 and subdivision 2
of section 2800 of the public authorities law, as amended by chapter 506
of the laws of 2009, are amended to read as follows:
  (a) For the purpose of furnishing the state with  systematic  informa-
tion  regarding  the  status  and  the activities of public authorities,
every state authority continued or created by this chapter or any  other
chapter  of the laws of the state of New York shall submit to the gover-
nor, the chairman and ranking minority  member  of  the  senate  finance
committee, the chairman and ranking minority member of the assembly ways
and  means  committee, the state comptroller, and the authorities budget
office, within ninety days after the end of its fiscal year, a  complete
and  detailed  report  or  reports setting forth: (1) its operations and
accomplishments; (2) its financial reports, including (i) audited finan-
cials in accordance with all applicable regulations and following gener-
ally accepted accounting principles as defined  in  subdivision  ten  of
section  two  of the state finance law, (ii) grant and subsidy programs,
(iii) operating and financial risks, (iv) current ratings,  if  any,  of
its bonds issued by recognized municipal bond rating agencies and notice
of  changes  in  such  ratings, and (v) long-term liabilities, including
leases and employee benefit plans; (3) its mission statement  and  meas-
urements including its most recent measurement report; (4) a schedule of

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD05873-01-3
              

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