What's happening
This bill requires employees of foundations at state-operated campuses, including SUNY's Research Foundation, to disclose finances and make salary information public.
Why it matters
Increases transparency and accountability. by requiring employees of foundations linked to state colleges (including the SUNY Research Foundation) to publicly disclose their finances and salaries—previously, these entities often operated with less scrutiny than direct state agencies.
Potentially exposes conflicts of interest. or improper financial relationships that could impact research, funding, or administration at public campuses, thereby promoting higher ethical standards in university-related operations.
Aligns these foundation employees with public sector norms. for disclosure, possibly affecting hiring, salary negotiations, and administrative practices, as their compensation and financial interests become subject to public review.
May influence donor relationships and research funding. by clarifying how foundation money is used, thereby building or eroding trust among stakeholders depending on the findings of these new disclosures.
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Disclose Foundation Employee Pay
Plain English, a few words. Used as the page title.
Sponsors
History
- Referred to higher education
- Referred to higher education
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
1191
2019-2020 Regular Sessions
IN ASSEMBLY
January 14, 2019
Introduced by M. of A. GLICK, COOK, COLTON, GALEF, GOTTFRIED -- read once and referred to the Committee on Higher Education
AN ACT to amend the education law, in relation to financial disclosure by employees of foundations of state operated campuses, including the Research Foundation of the State University of New York
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 355 of the education law is amended by adding a new subdivision 6-b to read as follows:
6-b. Employees of foundations of state operated campuses, including any foundation subsidiaries of state operated campuses, and employees of the Research Foundation of the State University of New York, shall be subject to financial disclosure pursuant to section seventy-three-a of the public officers law and information regarding the salaries of such employees shall be open to the public.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05031-01-9
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.