BILL NUMBER: S2157
SPONSOR: COMRIE
TITLE OF BILL:
An act to amend the public authorities law, in relation to creating
annual reporting obligations by municipal housing authorities to the
authorities budget office with respect to state-funded activities of
such municipal housing authorities
PURPOSE:
This bill ensures that municipal housing authorities report budget and
capital information on state funded activities annually to the Authori-
ties Budget Office.
SUMMARY OF PROVISIONS:
Requires that municipal housing authorities report budget and capital
information on state funded activities annually to the Authorities Budg-
et Office.
JUSTIFICATION:
The bill would strengthen the Public Authorities Reform Act by requiring
that municipal housing authorities report budget and capital information
on state funded activities annually to the Authorities Budget Office.
Municipal Housing Authorities are unique entities that have oversight at
the Federal, State and City level; this bill works to find a compromise
point where the ABO may have appropriate oversight on these important
entities.
LEGISLATIVE HISTORY:
2023-2024: S1081 Comrie/ A2229 Hyndman
2022: S3156A/ A2650-A Hyndman
Similar Bills--S. 7913 of 2018, A. 10279 of 2018
FISCAL IMPLICATIONS:
None.
EFFECTIVE DATE:
This act shall take effect immediately.
Statutes affected: S2157: 2801 public authorities law