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Sponsors
1 Co-sponsor
History
- Referred to corporations, authorities and commissions
- Delivered to assembly
- Passed senateVote 56–2
- Ordered to third reading cal.1430
- Committee discharged and committed to rules
- Print number 2482a
- Amend and recommit to transportation
- Referred to transportation
- Returned to senate
- Died in assembly
- Referred to corporations, authorities and commissions
- Delivered to assembly
Show 5 earlier actions
- Passed senateVote 55–4
- Ordered to third reading cal.1318
- Committee discharged and committed to rules
- Reported and committed to finance
- Referred to transportation
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.
Directs the metropolitan transportation authority to contract with a certified public accounting firm for the conducting of an independent forensic audit
In Assembly Committee · Corporations, Authorities And Commissions · Sponsor Nicole Malliotakis
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S2482A
Title of bill
An act to amend the public authorities law, in relation to directing the metropolitan transportation authority to contract for the provision of an independent forensic audit of such authority; and providing for the repeal of such provisions upon the expiration thereof
Purpose
Directs the Metropolitan Transportation Authority to contract with a certified public accounting firm for the conducting of an independent forensic audit.
Summary of provisions
Section one amends the public authorities law by adding a new section 1265-c.
Section two is the effective date.
Justification
This bill is necessary to give the legislature and the taxpayers of New York the ability to know how and where money is being spent for the operations of the Metropolitan Transportation Authority (MTA). While the MTA has been cutting services, raising fares and tolls, it has also been getting additional revenue from the MTA payroll tax. This measure would require the MTA to conduct a full independent forensic audit of the authority to bring accountability to the MTA. This audit will give the legislature and the public the ability to know where funds are being spent. It will also be a blueprint to implement future cost saving measures within the MTA. This bill will ensure that revenue is being spent wisely and will also reveal ways that the MTA can cut costs without harming the public's transportation needs. The independent forensic audit, conducted by a public accounting firm, must report its findings of the audit on or before January 1, 2016.
Legislative history
2013: referred to Corporations/A2282 referred to Corporations 2012: S.4637 - Referred to Finance/A.4856 Referred to Corporations 2011: Passed Senate/Referred to Corporations
Fiscal implications
None to the State.
Effective date
This act shall take effect immediately, and shall expire and be deemed repealed January 2, 2017.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.