What's happening
This bill expands the State Comptroller’s authority to review and approve certain public authority contracts over $1 million.
Why it matters
Broader Contract Oversight. The bill removes previous limitations on which high-value public authority contracts ($1 million+) the state comptroller can require for prior approval, allowing oversight to apply to a wider range of contracts, not just non-competitive or state-funded ones.
Potential for Increased Transparency. By expanding the comptroller’s review to more contracts, the law aims to increase public transparency and accountability in how large public authority contracts are awarded and managed.
Greater Flexibility for Comptroller. The comptroller gains more discretion to determine which contracts warrant review and approval, potentially enabling a more dynamic response to changing risks or concerns about public spending.
Possible Impacts on Contracting Timelines. With more contracts subject to review, there could be delays or added administrative steps for public authorities, potentially affecting how quickly projects and services move forward.
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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 corporations, authorities and commissions
- 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 Reviews Big Contracts
In Senate Committee · Corporations, Authorities And Commissions · Sponsor Michael H. Ranzenhofer
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
898
2019-2020 Regular Sessions
IN ASSEMBLY
January 14, 2019
Introduced by M. of A. L. ROSENTHAL, ABINANTI, HYNDMAN, SEAWRIGHT -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.
LBD01790-01-9
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.