Assembly Bill A6254

2013-2014 Legislative Session

Requires a study to be performed by the authority budget office on the economic benefits provided by authorities

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly 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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2013-A6254 (ACTIVE) - Details

Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Public Authorities Law
Laws Affected:
Add Art 1-B ยง52, Pub Auth L
Versions Introduced in Other Legislative Sessions:
2009-2010: A4274
2011-2012: A6117

2013-A6254 (ACTIVE) - Summary

Requires a study to be performed by the authority budget office on the economic benefits provided by authorities; requires that financing provided by authorities and contractors receiving that financing be subject to certain standards.

2013-A6254 (ACTIVE) - Bill Text download pdf

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

                                  6254

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                             March 25, 2013
                               ___________

Introduced  by M. of A. BRENNAN, KAVANAGH -- Multi-Sponsored by -- M. of
  A. JACOBS -- read once and referred to the Committee on  Corporations,
  Authorities and Commissions

AN  ACT  to amend the public authorities law, in relation to requiring a
  study by the authorities budget office on economic  benefits  provided
  by  authorities;  requiring  that financing provided by authorities be
  subject to certain standards; and requiring that contractors receiving
  economic benefits from a public authority be subject to certain stand-
  ards

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

  Section  1.  This  act  shall be known and may be cited as the "public
authority financing and contractor accountability act of 2013".
  S 2. The public authorities law is amended by adding a new article 1-B
to read as follows:
                               ARTICLE 1-B
                     PUBLIC AUTHORITY FINANCING AND
                      CONTRACTOR ACCOUNTABILITY ACT
SECTION 52. PUBLIC AUTHORITY FINANCING AND CONTRACTOR RESPONSIBILITY.
  S 52. PUBLIC AUTHORITY FINANCING AND CONTRACTOR RESPONSIBILITY. 1. THE
AUTHORITY BUDGET OFFICE, AS CREATED BY CHAPTER SEVEN  HUNDRED  SIXTY-SIX
OF THE LAWS OF TWO THOUSAND FIVE, SHALL SUBMIT A REPORT TO THE TEMPORARY
PRESIDENT  OF  THE SENATE, THE SPEAKER OF THE ASSEMBLY, THE CHAIR OF THE
STANDING COMMITTEE ON CORPORATIONS, AUTHORITIES AND COMMISSIONS  IN  THE
SENATE AND THE CHAIR OF THE STANDING COMMITTEE ON CORPORATIONS, AUTHORI-
TIES  AND  COMMISSIONS  IN THE ASSEMBLY, ANALYZING THE AMOUNT OF FUNDING
AND ECONOMIC BENEFIT PROVIDED  BY  PUBLIC  AUTHORITIES,  PUBLIC  BENEFIT
CORPORATIONS,  INDUSTRIAL  DEVELOPMENT  AGENCIES,  OR  LOCAL DEVELOPMENT
CORPORATIONS. SUCH ANALYSIS SHALL INCLUDE  THE  PERCENTAGE  OF  BENEFITS
PROVIDED  FOR  PROJECTS  AS DEFINED IN SECTION TWO HUNDRED TWENTY OF THE
LABOR LAW. IF TEN PERCENT  OR  MORE  OF  THE  PUBLIC  WORK  PROJECT  WAS

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09779-01-3
              

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