Senate Bill S5908

2011-2012 Legislative Session

Relates to the sale or transfer of certain real property by the state or public authorities

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Sponsored By

Archive: Last Bill Status - In Senate Committee Corporations, Authorities And Commissions Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2011-S5908 (ACTIVE) - Details

Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
Public Authorities Law
Laws Affected:
Amd §2897, Pub Auth L; add §33-a, amd §3, Pub Lds L
Versions Introduced in Other Legislative Sessions:
2013-2014: S446
2015-2016: S897
2017-2018: S1526
2019-2020: S2759
2021-2022: S3151
2023-2024: S1104

2011-S5908 (ACTIVE) - Summary

Relates to the sale or transfer of certain real property by the state or public authorities; requires mandatory review by the attorney general and comptroller of the sale of certain real property valued at over one hundred thousand dollars and not a part of a competitive bidding process by the state or a public authority; requires notice to members of the legislature and county executives in districts and counties in which land subject to transfer is located of the proposed transfer of state property between state departments, divisions, bureaus, agencies, state agencies, or to a public authority or public benefit corporation.

2011-S5908 (ACTIVE) - Sponsor Memo

2011-S5908 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5908

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                             October 7, 2011
                               ___________

Introduced  by  Sen.  AVELLA -- read twice and ordered printed, and when
  printed to be committed to the Committee on Rules

AN ACT to amend the public authorities law and the public lands law,  in
  relation to the sale or transfer of certain real property by the state
  or public authorities

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1.  Section 2897 of the public authorities law is  amended  by
adding a new subdivision 8 to read as follows:
  8. COMPTROLLER AND ATTORNEY GENERAL APPROVAL OF CONTRACTS. A.  NEGOTI-
ATED  CONTRACTS FOR THE DISPOSAL OF REAL PROPERTY WITH AN ESTIMATED FAIR
MARKET VALUE IN EXCESS OF ONE HUNDRED  THOUSAND  DOLLARS  TO  A  PRIVATE
ENTITY  SHALL  REQUIRE  SUPERVISION  IN  THE  FORM  OF  PRIOR REVIEW AND
APPROVAL OF SUCH CONTRACTS AND ANY SUCH CONTRACT ENTERED INTO  SHALL  BE
SUBMITTED TO THE COMPTROLLER AND THE ATTORNEY GENERAL FOR THEIR APPROVAL
AND SHALL NOT BE A VALID ENFORCEABLE CONTRACT UNLESS IT SHALL FIRST HAVE
BEEN  SO  APPROVED.  THE  COMPTROLLER, IN CONSULTATION WITH THE ATTORNEY
GENERAL, SHALL PROMULGATE SUCH RULES AND REGULATIONS AS MAY BE NECESSARY
TO CARRY OUT THEIR RESPONSIBILITIES UNDER THIS  SECTION,  INCLUDING  BUT
NOT  LIMITED  TO  THE  STANDARDS FOR APPROVING CONTRACTS SUBJECT TO THIS
SUBDIVISION.
  B. WHERE A CONTRACT IS SUBJECT TO MANDATORY REVIEW BY THE  COMPTROLLER
AND  THE  ATTORNEY  GENERAL PURSUANT TO PARAGRAPH A OF THIS SUBDIVISION,
THE VENDOR PUBLIC AUTHORITY SHALL INCLUDE OR CAUSE  TO  BE  INCLUDED  IN
EACH  SUCH  CONTRACT  A  PROVISION  INFORMING  THE OTHER PARTY THAT SUCH
CONTRACT IS SUBJECT TO THE  COMPTROLLER'S  AND  THE  ATTORNEY  GENERAL'S
APPROVAL PURSUANT TO THIS SUBDIVISION AND THE COMPTROLLER'S AUTHORITY TO
SUPERVISE  THE  ACCOUNTS  OF PUBLIC CORPORATIONS. IF THE COMPTROLLER AND
THE ATTORNEY GENERAL HAVE  NOT  APPROVED  OR  DISAPPROVED  ANY  CONTRACT
SUBJECT  TO  HIS OR HER APPROVAL WITHIN NINETY DAYS OF SUBMISSION TO HIS

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD13290-02-1

              

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