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Who cares
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Sponsors
No co-sponsors yet.
History
- Recommit, enacting clause stricken
- Referred to corporations, authorities and commissions
- Referred to corporations, authorities and commissions
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S534
Title of bill
An act to amend the public authorities law, in relation to review of taxpayer-funded contracts with public authorities in a city with a population of over one million
Purpose
Allows public authority in a city with a population of over 1 million to cancel taxpayer-funded contract where contractor convicted of related crime.
Summary of provisions
The legislation amends article 9 of the Public Authorities law by adding a new Title 13, §2990 providing grounds for cancellation of contract by public authorities in a city with a population of over 1 million.
Existing law
Under current law, there is very little external oversight of contracts by public authorities.
Justification
Public authorities play an important role in managing, maintaining and improving New York's infrastructure, but they spend taxpayers' dollars with little oversight or transparency. Giving the NYC Comptroller's Office oversight over contracts entered into by public authorities serving New York City is the first step towards ensuring that public authorities are held accountable for their use of taxpayer funds.
Legislative history
2010 - S1852 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS 2008 - S2270 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS 2006 - S5895 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS 2005 - S2270 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
Fiscal implications
None.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.