S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7081
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 10, 2023
                                ___________
 
 Introduced  by  M.  of  A.  MAGNARELLI  -- read once and referred to the
   Committee on Corporations, Authorities and Commissions
 
 AN ACT to amend the public authorities law, in relation to the board  of
   directors of the Central New York Regional Market Authority
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 827 of the public authorities law,  as  amended  by
 chapter 55 of the laws of 1992, is amended to read as follows:
   §  827.  Board  of directors. The board of directors of the authority,
 HEREINAFTER IN THIS TITLE REFERRED TO AS "THE BOARD," shall  consist  of
 thirteen  members,  as  follows:  The  commissioner  of  agriculture and
 markets or the commissioner's representative shall be a member  ex-offi-
 cio.  The  board  of supervisors of each of the counties in the district
 shall each name directors as  follows:  Onondaga,  three;  Oswego,  two;
 Cayuga,  two;  Madison, two; Cortland, one; Oneida, one, and Wayne, one.
 One member from each of the above-named counties may be either a produc-
 er or non-producer of agricultural products; the other members named  by
 the  board  of  supervisors  of the counties in the district entitled to
 additional directors shall be persons engaged in farming and deriving  a
 greater  part  of their income therefrom, and all such appointments made
 after May first, nineteen hundred forty-four,  shall  be  producers  who
 actually  sell  all  or  part  of  their produce on the Central New York
 Regional Market.
   Each member shall continue as a member during the pleasure of the body
 appointing him or her, and upon a vacancy occurring by the  filing  with
 the  secretary  of  the authority of a duly certified copy of the resol-
 ution signifying that an appointment has been terminated, or upon resig-
 nation of a member, or a vacancy occurring in any other manner, it shall
 be filled in a manner corresponding to the  original  appointment.  Each
 member  shall,  before  entering  upon  the  duties  of office, take the
 constitutional oath of office and file the same in  the  office  of  the
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02491-01-3
              

 A. 7081                             2
 
 secretary of state. One more than one half of the duly qualified members
 shall  constitute  a  quorum  for  the  transaction  of business and the
 concurrence of one more than one half of the duly qualified members at a
 meeting  shall  be necessary to the validity of any resolution, order or
 determination. Any member may be removed by the governor for inefficien-
 cy, neglect of duty or misconduct in office, after a hearing upon charg-
 es and an opportunity to be heard in person or by counsel upon not  less
 than  ten  days' notice. The members shall not receive a salary or other
 compensation, but shall be paid actual expenses  incurred  in  attending
 meetings  of the board and in performing committee work assigned to them
 by the board. Expenses for travel shall not exceed  the  per  mile  rate
 allowed  state employees for use of personal cars. Expenses of a special
 or extraordinary nature may be allowed by resolution of the board.
   § 2. Section 826 of the public authorities law, as amended by  chapter
 420 of the laws of 1951, is amended to read as follows:
   §  826. Central New York Regional Market Authority. 1. There is hereby
 created and established a district to be known as the "central New  York
 regional market district," HEREINAFTER IN THIS TITLE REFERRED TO AS "THE
 DISTRICT,"  which  shall  embrace  all the territory included within the
 following named counties: Cayuga, Cortland, Madison,  Oneida,  Onondaga,
 Oswego, that territory in Wayne county lying east of the new pre-emption
 line. For the accomplishment of the purposes hereinafter indicated rela-
 tive  to  that district there is hereby created and established a public
 benefit corporation, to be known as "Central New  York  Regional  Market
 Authority,"  hereinafter  in  this title referred to as "the authority."
 Such authority shall have perpetual existence and the power  to  acquire
 by  the  exercise  of the right of eminent domain or otherwise such real
 estate within the district and other property as may  be  necessary,  to
 sue  and  be sued, to incur debts, liabilities and obligations, to issue
 bonds and other evidences of indebtedness, to have a seal, and to  exer-
 cise  all  powers  authorized by this title and reasonably necessary for
 accomplishing its purposes, subject to the provisions  herein  contained
 and  the  constitution  and  laws  of  the United States and of New York
 state. Such powers shall be exercised in the name of  the  "Central  New
 York Regional Market Authority."
   2. IN FULFILLING THE AUTHORITY'S MISSION, THE BOARD SHALL WORK COOPER-
 ATIVELY  AND  IN  CONSULTATION  WITH  THE  DEPARTMENT OF AGRICULTURE AND
 MARKETS TO ENSURE THE PROPER DEVELOPMENT  OF  AGRICULTURE  AND  REGIONAL
 MARKET FACILITIES, IN THE CENTRAL NEW YORK REGIONAL MARKET DISTRICT. THE
 BOARD AND THE DEPARTMENT OF AGRICULTURE AND MARKETS, HEREINAFTER IN THIS
 TITLE  REFERRED TO AS "THE DEPARTMENT," SHALL JOINTLY DEVELOP A PLAN FOR
 THE FUTURE DEVELOPMENT AND VIABILITY OF AGRICULTURE AND REGIONAL  MARKET
 FACILITIES  IN THE DISTRICT. SUCH PLAN SHALL INCLUDE BOTH SHORT-TERM AND
 LONG-TERM GOALS AND OBJECTIVES AS WELL AS ACTUAL AND PROJECTED  REVENUES
 AND  EXPENDITURES. SUCH PLAN SHALL ANNUALLY ALLOCATE NO LESS THAN SEVEN-
 TY-FIVE PERCENT OF THE AUTHORITY'S AVAILABLE  FUNDS  FOR  THE  CREATION,
 DEVELOPMENT,  AND ENHANCEMENT OF AGRICULTURE AND REGIONAL MARKET FACILI-
 TIES, IN THE DISTRICT. FOR PURPOSES OF THIS SUBDIVISION, AVAILABLE FUNDS
 SHALL MEAN  THE  NET  AMOUNT  AVAILABLE  AFTER  CONTRACTUALLY  OBLIGATED
 EXPENDITURES  ARE  SUBTRACTED  FROM,  BUT  NOT BE LIMITED TO, CASH, CASH
 EQUIVALENTS, CERTIFICATES OF DEPOSIT, AND OTHER  RECEIVABLES  AVAILABLE.
 THE  BOARD  AND DEPARTMENT SHALL MEET ANNUALLY PRIOR TO THE CLOSE OF THE
 AUTHORITY'S FISCAL YEAR TO EVALUATE THE  EFFECTIVENESS  OF  THE  USE  OF
 FUNDS FOR THAT FISCAL YEAR, REVIEW THE GOALS AND OBJECTIVES OF THE PLAN,
 AND  PROPERLY  PREPARE  FOR THE ALLOCATION AND USE OF SUCH FUNDS FOR THE
 NEXT FISCAL YEAR. THE PLAN SHALL BE UPDATED ANNUALLY TO MAKE APPROPRIATE
 A. 7081                             3
 
 MODIFICATIONS TO SUCH PLAN FOR THE NEXT FISCAL YEAR. PRIOR TO  ANY  SUCH
 FUNDS  BEING  EXPENDED,  BOTH  THE BOARD AND THE DEPARTMENT MUST APPROVE
 SUCH PLAN, ITS GOALS AND OBJECTIVES AS WELL AS  THE  PROJECTED  REVENUES
 AND PROPOSED ALLOCATIONS.
   3.  THE AUTHORITY SHALL FURNISH AN ANNUAL REAL ESTATE REPORT DETAILING
 ALL REAL ESTATE HOLDINGS AND DETAILED  PROPERTY  INFORMATION,  INCLUDING
 BUT  NOT LIMITED TO THE TENANTS, IMPORTANT LEASE TERMS, RENTS, DURATIONS
 OF LEASES, AS WELL AS COPIES OF EACH LEASE.  NOTWITHSTANDING  ANY  OTHER
 PROVISION  OF  LAW  TO  THE  CONTRARY,  THE  AUTHORITY SHALL FURNISH ALL
 REQUIRED REPORTS, AUDITS, AND REVIEWS, INCLUDING THE ANNUAL REAL  ESTATE
 REPORT, TO ALL PARTIES ENUMERATED IN PARAGRAPH (A) OF SUBDIVISION ONE OF
 SECTION  TWENTY-EIGHT  HUNDRED  OF THIS CHAPTER.   A COPY OF SUCH REPORT
 SHALL BE FILED WITH THE CLERK OF THE SYRACUSE  COMMON  COUNCIL  AND  THE
 MAYOR, AS WELL AS TO THE DEPARTMENT, WITHIN NINETY DAYS AFTER THE END OF
 ITS FISCAL YEAR.
   §  3.  The  public  authorities  law  is  amended  by adding three new
 sections 842, 843 and 844 to read as follows:
   § 842. MONEYS OF THE AUTHORITY.  THE STATE COMPTROLLER OR HIS  OR  HER
 LEGALLY  AUTHORIZED  REPRESENTATIVES ARE HEREBY AUTHORIZED AND EMPOWERED
 FROM TIME TO TIME TO EXAMINE THE ACCOUNTS AND BOOKS  OF  THE  AUTHORITY,
 INCLUDING ITS RECEIPTS, DISBURSEMENTS, CONTRACTS, SINKING FUNDS, RESERVE
 FUNDS,  INVESTMENTS  AND  ANY  OTHER  MATTERS  RELATING TO ITS FINANCIAL
 STANDING.
   § 843. APPLICATION OF LOCAL LAWS AND ORDINANCES TO  CENTRAL  NEW  YORK
 REGIONAL  MARKET  AUTHORITY REAL PROPERTY. THE CENTRAL NEW YORK REGIONAL
 MARKET AUTHORITY ITS REAL PROPERTY AND ITS FACILITIES SHALL  BE  SUBJECT
 TO ALL LOCAL LAWS AND ORDINANCES IN COUNTIES AND MUNICIPALITIES WHERE IT
 OPERATES  AND  OWNS REAL PROPERTY.  LOCAL LAW ENFORCEMENT SHALL HAVE THE
 AUTHORITY TO ENTER THE REAL PROPERTY OF THE  AUTHORITY  TO  ENFORCE  ALL
 LOCAL  LAWS  AND ORDINANCES.  THIS SECTION SHALL APPLY TO ALL LESSEES OF
 THE AUTHORITY'S REAL PROPERTY AND ITS FACILITIES.
   § 844. CODE OF ETHICS, CONFLICT OF INTEREST POLICY, HIRING POLICY. THE
 BOARD OF DIRECTORS OF THE CENTRAL NEW  YORK  REGIONAL  MARKET  AUTHORITY
 SHALL ADOPT AND PUBLISH ON ITS WEBSITE THE FOLLOWING POLICIES, INCLUDING
 BUT  NOT  LIMITED  TO: A CODE OF ETHICS APPLICABLE TO ALL BOARD MEMBERS,
 OFFICERS AND EMPLOYEES OF THE AUTHORITY PURSUANT TO SECTION SEVENTY-FOUR
 OF THE PUBLIC OFFICERS LAW AND A CONFLICT OF INTEREST POLICY PURSUANT TO
 SECTION SEVENTY-FOUR OF THE PUBLIC OFFICERS  LAW  AND  A  HIRING  POLICY
 PURSUANT TO SECTION SEVENTY-THREE OF THE PUBLIC OFFICERS LAW.
   § 4.  This act shall take effect immediately.

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  7081--A
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 10, 2023
                                ___________
 
 Introduced  by  M.  of  A.  MAGNARELLI  -- read once and referred to the
   Committee on Corporations, Authorities and Commissions --  recommitted
   to  the  Committee  on  Corporations,  Authorities  and Commissions in
   accordance with Assembly Rule 3, sec. 2 -- committee discharged,  bill
   amended,  ordered reprinted as amended and recommitted to said commit-
   tee
 
 AN ACT to amend the public authorities law, in relation to the board  of
   directors of the Central New York Regional Market Authority
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 827 of the public authorities law,  as  amended  by
 chapter 55 of the laws of 1992, is amended to read as follows:
   §  827.  Board  of directors. The board of directors of the authority,
 HEREINAFTER IN THIS TITLE REFERRED TO AS "THE BOARD," shall  consist  of
 [thirteen]  NINETEEN  VOTING  members,  as  follows: The commissioner of
 agriculture and markets or the commissioner's representative [shall be a
 member ex-officio]. The board of supervisors of each of the counties  in
 the  district  shall  each  name  directors as follows: Onondaga, three;
 Oswego, two; Cayuga, two; Madison, two; Cortland, one; Oneida, one,  and
 Wayne,  one.  ADDITIONALLY, THE FOLLOWING SHALL HAVE APPOINTMENTS TO THE
 BOARD: THE MAYOR OF THE CITY OF SYRACUSE, ONE; THE COMMON COUNCIL OF THE
 CITY OF SYRACUSE, ONE; THE ASSEMBLY MEMBER FROM  THE  ASSEMBLY  DISTRICT
 WHERE  THE PRIMARY OFFICES AND FACILITIES OF THE MARKET RESIDE, ONE; THE
 STATE SENATOR FROM THE SENATE DISTRICT WHERE  THE  PRIMARY  OFFICES  AND
 FACILITIES OF THE MARKET RESIDE, ONE; THE CHIEF OF POLICE OF THE CITY OF
 SYRACUSE,  ONE;  AND  THE  FIRE  CHIEF OF THE CITY OF SYRACUSE, ONE. One
 member from each of the above-named counties may be either a producer or
 non-producer of agricultural products; the other members  named  by  the
 board  of  supervisors of the counties in the district entitled to addi-
 tional directors shall be persons engaged  in  farming  and  deriving  a
 greater  part  of their income therefrom, and all such appointments made
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02491-06-4
              

 A. 7081--A                          2
 
 after May first, nineteen hundred forty-four,  shall  be  producers  who
 actually  sell  all  or  part  of  their produce on the Central New York
 Regional Market.
   Each member shall continue as a member during the pleasure of the body
 appointing [him or her] SUCH MEMBER, and upon a vacancy occurring by the
 filing  with  the secretary of the authority of a duly certified copy of
 the resolution signifying that an appointment has  been  terminated,  or
 upon  resignation  of  a  member,  or  a  vacancy occurring in any other
 manner, it shall be filled in a manner  corresponding  to  the  original
 appointment.  Each  member  shall,  before  entering  upon the duties of
 office, take the constitutional oath of office and file the same in  the
 office  of  the  secretary  of state. One more than one half of the duly
 qualified members shall constitute a quorum for the transaction of busi-
 ness and [the concurrence of one more than one half of the  duly  quali-
 fied  members  at  a  meeting] shall be necessary to the validity of any
 resolution, order or, determination. Any member may be  removed  by  the
 governor  for  inefficiency,  neglect  of  duty or misconduct in office,
 after a hearing upon charges and an opportunity to be heard in person or
 by counsel upon not less than ten days' notice. The  members  shall  not
 receive  a  salary  or  other  compensation,  but  shall  be paid actual
 expenses incurred in attending meetings of the board and  in  performing
 committee  work assigned to them by the board. Expenses for travel shall
 not exceed the per mile rate allowed state employees for use of personal
 cars. Expenses of a special or extraordinary nature may  be  allowed  by
 resolution of the board.
   §  2. Section 826 of the public authorities law, as amended by chapter
 420 of the laws of 1951, is amended to read as follows:
   § 826. Central New York Regional Market Authority. 1. There is  hereby
 created  and established a district to be known as the "central New York
 regional market district," HEREINAFTER IN THIS TITLE REFERRED TO AS "THE
 DISTRICT," which shall embrace all the  territory  included  within  the
 following  named  counties: Cayuga, Cortland, Madison, Oneida, Onondaga,
 Oswego, that territory in Wayne county lying east of the new pre-emption
 line. For the accomplishment of the purposes hereinafter indicated rela-
 tive to that district there is hereby created and established  a  public
 benefit  corporation,  to  be known as "Central New York Regional Market
 Authority," hereinafter in this title referred to  as  "the  authority."
 Such  authority  shall have perpetual existence and the power to acquire
 by the exercise of the right of eminent domain or  otherwise  such  real
 estate  within  the  district and other property as may be necessary, to
 sue and be sued, to incur debts, liabilities and obligations,  to  issue
 bonds  and other evidences of indebtedness, to have a seal, and to exer-
 cise all powers authorized by this title and  reasonably  necessary  for
 accomplishing  its  purposes, subject to the provisions herein contained
 and the constitution and laws of the  United  States  and  of  New  York
 state.  Such  powers  shall be exercised in the name of the "Central New
 York Regional Market Authority."
   2. IN FULFILLING THE AUTHORITY'S MISSION, THE BOARD SHALL WORK COOPER-
 ATIVELY AND IN CONSULTATION  WITH  THE  DEPARTMENT  OF  AGRICULTURE  AND
 MARKETS  TO  ENSURE  THE  PROPER DEVELOPMENT OF AGRICULTURE AND REGIONAL
 MARKET FACILITIES, IN THE CENTRAL NEW YORK REGIONAL MARKET DISTRICT. THE
 BOARD AND THE DEPARTMENT OF AGRICULTURE AND MARKETS, HEREINAFTER IN THIS
 TITLE REFERRED TO AS "THE DEPARTMENT," SHALL JOINTLY DEVELOP A PLAN  FOR
 THE  FUTURE DEVELOPMENT AND VIABILITY OF AGRICULTURE AND REGIONAL MARKET
 FACILITIES IN THE DISTRICT. SUCH PLAN SHALL INCLUDE BOTH SHORT-TERM  AND
 LONG-TERM  GOALS AND OBJECTIVES AS WELL AS ACTUAL AND PROJECTED REVENUES
 A. 7081--A                          3
 
 AND EXPENDITURES. SUCH PLAN SHALL ANNUALLY ALLOCATE NO LESS THAN  SEVEN-
 TY-FIVE  PERCENT  OF  THE  AUTHORITY'S AVAILABLE FUNDS FOR THE CREATION,
 DEVELOPMENT, AND ENHANCEMENT OF AGRICULTURE AND REGIONAL MARKET  FACILI-
 TIES, IN THE DISTRICT. FOR PURPOSES OF THIS SUBDIVISION, AVAILABLE FUNDS
 SHALL  MEAN  THE  NET  AMOUNT  AVAILABLE  AFTER  CONTRACTUALLY OBLIGATED
 EXPENDITURES ARE SUBTRACTED FROM, BUT NOT  BE  LIMITED  TO,  CASH,  CASH
 EQUIVALENTS,  CERTIFICATES  OF DEPOSIT, AND OTHER RECEIVABLES AVAILABLE.
 THE BOARD AND DEPARTMENT SHALL MEET ANNUALLY PRIOR TO THE CLOSE  OF  THE
 AUTHORITY'S  FISCAL  YEAR  TO  EVALUATE  THE EFFECTIVENESS OF THE USE OF
 FUNDS FOR THAT FISCAL YEAR, REVIEW THE GOALS AND OBJECTIVES OF THE PLAN,
 AND PROPERLY PREPARE FOR THE ALLOCATION AND USE OF SUCH  FUNDS  FOR  THE
 NEXT FISCAL YEAR. THE PLAN SHALL BE UPDATED ANNUALLY TO MAKE APPROPRIATE
 MODIFICATIONS  TO  SUCH PLAN FOR THE NEXT FISCAL YEAR. PRIOR TO ANY SUCH
 FUNDS BEING EXPENDED, BOTH THE BOARD AND  THE  DEPARTMENT  MUST  APPROVE
 SUCH  PLAN,  ITS  GOALS AND OBJECTIVES AS WELL AS THE PROJECTED REVENUES
 AND PROPOSED ALLOCATIONS.
   3. THE AUTHORITY SHALL FURNISH AN ANNUAL REAL ESTATE REPORT  DETAILING
 ALL  REAL  ESTATE  HOLDINGS AND DETAILED PROPERTY INFORMATION, INCLUDING
 BUT NOT LIMITED TO THE TENANTS, IMPORTANT LEASE TERMS, RENTS,  DURATIONS
 OF  LEASES,  AS  WELL AS COPIES OF EACH LEASE. NOTWITHSTANDING ANY OTHER
 PROVISION OF LAW TO  THE  CONTRARY,  THE  AUTHORITY  SHALL  FURNISH  ALL
 REQUIRED  REPORTS, AUDITS, AND REVIEWS, INCLUDING THE ANNUAL REAL ESTATE
 REPORT, TO ALL PARTIES ENUMERATED IN PARAGRAPH (A) OF SUBDIVISION ONE OF
 SECTION TWENTY-EIGHT HUNDRED OF THIS CHAPTER, TO THE DEPARTMENT OF AGRI-
 CULTURE AND MARKETS, AS WELL AS PUBLISH SUCH REPORT ON ITS WEBSITE WITH-
 IN NINETY DAYS AFTER THE END OF ITS FISCAL YEAR.
   § 3. The public authorities law is amended by adding two new  sections
 842 and 843 to read as follows:
   §  842.  MONEYS OF THE AUTHORITY.  THE STATE COMPTROLLER OR SUCH COMP-
 TROLLER'S LEGALLY AUTHORIZED REPRESENTATIVES ARE HEREBY  AUTHORIZED  AND
 EMPOWERED  FROM  TIME  TO  TIME TO EXAMINE THE ACCOUNTS AND BOOKS OF THE
 AUTHORITY, INCLUDING ITS  RECEIPTS,  DISBURSEMENTS,  CONTRACTS,  SINKING
 FUNDS,  RESERVE FUNDS, INVESTMENTS AND ANY OTHER MATTERS RELATING TO ITS
 FINANCIAL STANDING.
   § 843. CODE OF ETHICS.  1. AS USED IN THIS SECTION, THE TERM "AUTHORI-
 TY EMPLOYEE" SHALL MEAN ANY BOARD MEMBER, MEMBER, OFFICER OR EMPLOYEE OF
 THE AUTHORITY.
   2. THE AUTHORITY SHALL MAKE AVAILABLE THEIR CODE OF  ETHICS  ON  THEIR
 WEBSITE, WHICH IS APPLICABLE TO ALL AUTHORITY EMPLOYEES.
   3.  NO AUTHORITY EMPLOYEE SHALL HAVE ANY INTEREST, FINANCIAL OR OTHER-
 WISE, DIRECT OR INDIRECT, OR ENGAGE IN ANY BUSINESS  OR  TRANSACTION  OR
 PROFESSIONAL ACTIVITY OR INCUR ANY OBLIGATION OF ANY NATURE, WHICH IS IN
 SUBSTANTIAL CONFLICT WITH THE PROPER DISCHARGE OF SUCH EMPLOYEE'S DUTIES
 IN THE PUBLIC INTEREST.
   4.  (A) NO AUTHORITY EMPLOYEE SHALL ACCEPT OTHER EMPLOYMENT WHICH WILL
 IMPAIR SUCH EMPLOYEE'S INDEPENDENCE OF JUDGMENT IN THE EXERCISE  OF  ANY
 OFFICIAL DUTIES.
   (B)  NO  AUTHORITY  EMPLOYEE  SHALL ACCEPT EMPLOYMENT OR ENGAGE IN ANY
 BUSINESS OR PROFESSIONAL ACTIVITY WHICH WILL  REQUIRE  THE  EMPLOYEE  TO
 DISCLOSE  CONFIDENTIAL  INFORMATION  WHICH  SUCH  EMPLOYEE HAS GAINED BY
 REASON OF OFFICIAL POSITION OR AUTHORITY.
   (C) NO AUTHORITY  EMPLOYEE  SHALL  DISCLOSE  CONFIDENTIAL  INFORMATION
 ACQUIRED  BY  THE EMPLOYEE IN THE COURSE OF OFFICIAL DUTIES NOR USE SUCH
 INFORMATION TO FURTHER PERSONAL INTERESTS.
 A. 7081--A                          4
 
   (D) NO AUTHORITY EMPLOYEE SHALL USE OR  ATTEMPT  TO  USE  AN  OFFICIAL
 POSITION TO SECURE UNWARRANTED PRIVILEGES OR EXEMPTIONS FOR SUCH EMPLOY-
 EE OR OTHERS.
   (E) NO AUTHORITY EMPLOYEE SHALL ENGAGE IN ANY TRANSACTION AS REPRESEN-
 TATIVE  OR AGENT OF THE AUTHORITY WITH ANY BUSINESS ENTITY IN WHICH SUCH
 EMPLOYEE HAS A DIRECT OR INDIRECT FINANCIAL INTEREST THAT MIGHT  REASON-
 ABLY TEND TO CONFLICT WITH THE PROPER DISCHARGE OF OFFICIAL DUTIES.
   (F)  AN  AUTHORITY EMPLOYEE SHALL NOT BY CONDUCT GIVE REASONABLE BASIS
 FOR THE IMPRESSION THAT ANY PERSON CAN IMPROPERLY INFLUENCE SUCH EMPLOY-
 EE OR UNDULY ENJOY FAVOR IN THE PERFORMANCE OF OFFICIAL DUTIES, OR  THAT
 SUCH EMPLOYEE IS AFFECTED BY THE KINSHIP, RANK, POSITION OR INFLUENCE OF
 ANY PARTY OR PERSON.
   (G)  AN  AUTHORITY EMPLOYEE SHALL ABSTAIN FROM MAKING PERSONAL INVEST-
 MENTS IN ENTERPRISES WHICH SUCH EMPLOYEE HAS REASON TO  BELIEVE  MAY  BE
 DIRECTLY  INVOLVED IN DECISIONS TO BE MADE BY THE EMPLOYEE OR WHICH WILL
 OTHERWISE CREATE SUBSTANTIAL CONFLICT BETWEEN DUTY IN THE PUBLIC  INTER-
 EST AND SUCH EMPLOYEE'S PRIVATE INTEREST.
   (H) AN AUTHORITY EMPLOYEE SHALL ENDEAVOR TO PURSUE A COURSE OF CONDUCT
 WHICH  WILL  NOT  RAISE SUSPICION AMONG THE PUBLIC THAT SUCH EMPLOYEE IS
 LIKELY TO BE ENGAGED IN ACTS THAT ARE IN VIOLATION OF TRUST.
   (I) NO AUTHORITY EMPLOYEE EMPLOYED ON A FULL-TIME BASIS NOR  ANY  FIRM
 OR  ASSOCIATION  OF  WHICH SUCH AN EMPLOYEE IS A MEMBER NOR AUTHORITY, A
 SUBSTANTIAL PORTION OF THE STOCK OF WHICH IS OWNED OR CONTROLLED DIRECT-
 LY OR INDIRECTLY BY SUCH EMPLOYEE, SHALL SELL GOODS OR SERVICES  TO  ANY
 PERSON,  FIRM, AUTHORITY OR ASSOCIATION WHICH IS LICENSED OR WHOSE RATES
 ARE FIXED BY THE AUTHORITY IN WHICH SUCH EMPLOYEE SERVES OR IS EMPLOYED.
   (J) IF ANY AUTHORITY EMPLOYEE SHALL HAVE A FINANCIAL INTEREST,  DIRECT
 OR  INDIRECT,  HAVING  A  VALUE  OF  TEN THOUSAND DOLLARS OR MORE IN ANY
 ACTIVITY WHICH IS SUBJECT TO THE JURISDICTION OF A REGULATORY AGENCY, HE
 OR SHE SHALL FILE WITH THE SECRETARY OF STATE A WRITTEN  STATEMENT  THAT
 HE OR SHE HAS SUCH A FINANCIAL INTEREST IN SUCH ACTIVITY WHICH STATEMENT
 SHALL BE OPEN TO PUBLIC INSPECTION.
   5.  IN ADDITION TO ANY PENALTY CONTAINED IN ANY OTHER PROVISION OF LAW
 ANY SUCH  AUTHORITY  EMPLOYEE  WHO  SHALL  KNOWINGLY  AND  INTENTIONALLY
 VIOLATE ANY OF THE PROVISIONS OF THIS SECTION MAY BE FINED, SUSPENDED OR
 REMOVED FROM OFFICE OR EMPLOYMENT.
   6.  THE PROVISIONS OF SECTION SEVENTY-THREE OF THE PUBLIC OFFICERS LAW
 SHALL BE APPLICABLE TO ALL BOARD MEMBERS AND EMPLOYEES OF THE AUTHORITY.
   § 4. This act shall take effect immediately.