What's happening
This bill amends the law to expand the state comptroller's authority to require prior approval of public authority contracts over $1 million, regardless of procurement method or funding source.
Why it matters
Increases oversight of large public authority contracts. By removing previous limitations, the State Comptroller can now require prior approval of any contract over $1 million, regardless of whether it was competitively bid or how it’s funded. This could lead to more contracts facing state-level scrutiny.
Aims to reduce waste, fraud, and abuse. Expanded Comptroller review may help identify problematic contracts before they are finalized, potentially catching conflicts of interest, inflated costs, or insufficient procurement practices.
May slow down contract approvals. Public authorities could face longer timelines for executing contracts over $1 million, as more contracts will require explicit Comptroller sign-off before they become valid.
Could impact a wide range of public projects. Since the amendment applies broadly to contracts over the dollar threshold, it could affect infrastructure, service delivery, and other state authority activities, potentially increasing accountability but also administrative complexity.
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Who cares
Headline styles
Comptroller Reviews Big Contracts
Plain English, a few words. Used as the page title.
Sponsors
3 Co-sponsors
History
- Referred to ways and means
- Reported referred to ways and means
- 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.
Comptroller Approves Big Contracts
In Senate Committee · Rules · Sponsor Michael H. Ranzenhofer
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
1131
2017-2018 Regular Sessions
IN ASSEMBLY
January 10, 2017
Introduced by M. of A. ROSENTHAL, ABINANTI -- Multi-Sponsored by -- M. of A. FARRELL -- read once and referred to the Committee on Corporations, Authorities and Commissions
AN ACT to amend the public authorities law, in relation to the approval of certain public authorities contracts by the state comptroller
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Subdivision 1 of section 2879-a of the public authorities law, as added by chapter 506 of the laws of 2009, is amended to read as follows:
1. Except as set forth in subdivision three of this section, where the comptroller determines pursuant to his or her authority to supervise the accounts of public corporations, that contracts or categories of contracts in excess of one million dollars [(a)] to be awarded by a state authority [to a single source, a sole source or pursuant to any other method of procurement that is not competitive, or (b) which are to be paid in whole or in part from monies appropriated by the state to a state authority for such contractual expenditure,] require supervision in the form of prior review and approval of such contracts, and the comptroller so notifies such authority of such determination, then any such contract entered into subsequent to such notification shall be submitted to the comptroller for his or her approval and shall not be a valid enforceable contract unless it shall first have been approved by the comptroller. Such notification shall identify the process for submission, the categories of contracts at issue and the time period for which such submission is to take place. The comptroller shall promulgate such rules and regulations as may be necessary to carry out his or her responsibilities under this section, including but not limited to the standards for determining which contracts will be subject to his or her review and for approving such contracts.
§ 2. This act shall take effect on the sixtieth day after it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01723-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.