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History
- Referred to corporations, authorities and commissions
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Provides that municipal housing authorities shall be subject to the review and regulation of the authorities budget office; repealer
In Assembly Committee · Corporations, Authorities And Commissions · Sponsor James F. Brennan
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7535
Title of bill
An act to amend the public authorities law, in relation to making munic- ipal housing authorities subject to the review and regulation of the authorities budget office; and to repeal section 7 of chapter 913 of the laws of 1957 amending the public housing law relating to incorporating certain provisions of the public authorities law therein, relating to exempting municipal housing authorities from the public authorities law
Purpose
This bill adds municipal housing authorities to the list of entities that fall within the purview of the public authorities reform legis- lation and the Authorities Budget Office.
Summary of provisions
Section 1 - municipal housing authority is added to the definition of "local authority".
Section 2 - section 7 of chapter 913 of the laws of 1957 amending the public housing law relating to incorporating certain provisions of the public authorities law therein is repealed.
Section 3 - effective date.
Justification
The bill would strengthen the Public Authorities Reform Act by including "municipal housing authority" within the definition of "local authori- ty". The enactment of public authorities reform tasked the Authorities Budget Office with responsibilities such as: prohibiting the creation of subsidiary authorities without legislative approval (with certain exceptions), making changes to the authority board's governing process, creating a fiduciary duty, enabling the comptroller to approve authority contracts, strengthening the rules on the disposition of public authori- ty property, providing MWBE and creating whistleblower protections. However, due to the oversight of a statute from 1957, municipal public housing authorities were inadvertently excluded from the reform legis- lation. This bill corrects that oversight.
Legislative history
New Bill.
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.