Senate Bill S6863

2023-2024 Legislative Session

Relates to reporting requirements of SUNY and CUNY

download bill text pdf

Sponsored By

Current 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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2023-S6863 (ACTIVE) - Details

See Assembly Version of this Bill:
A9570
Current Committee:
Assembly Higher Education
Law Section:
Education Law
Laws Affected:
Amd §§359 & 6233, Ed L
Versions Introduced in Other Legislative Sessions:
2011-2012: S5797
2013-2014: S2224, A7554
2015-2016: S19, A5379
2017-2018: S2214, A5929
2019-2020: S6275, A4367
2021-2022: S3540, A9617

2023-S6863 (ACTIVE) - Summary

Relates to reporting requirements of SUNY and CUNY; relates to financial information and identifying vendor information of each contract; relates to a list of all foundation and state university employees by campus, department and location including salaries, job titles and descriptions.

2023-S6863 (ACTIVE) - Sponsor Memo

2023-S6863 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6863
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                               May 11, 2023
                                ___________
 
 Introduced  by Sen. STAVISKY -- read twice and ordered printed, and when
   printed to be committed to the Committee on Higher Education
 
 AN ACT to amend the education law, in relation to reporting requirements
   of the state university of New York and city university of New York
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 359 of the education law is amended by adding a new
 subdivision 5 to read as follows:
   5.  THE TRUSTEES OF THE STATE UNIVERSITY OF NEW YORK SHALL REQUIRE, ON
 OR BEFORE NOVEMBER FIRST OF EACH YEAR, AN ANNUAL REPORT OF THE  RESEARCH
 FOUNDATION  OF THE STATE UNIVERSITY OF NEW YORK, AND AN ANNUAL REPORT OF
 STATE-OPERATED INSTITUTIONS' AND COMMUNITY COLLEGES' CAMPUS  FOUNDATIONS
 AND  THEIR SUBSIDIARIES, IN A STANDARDIZED FORMAT DEVELOPED BY THE CHAN-
 CELLOR. THE ANNUAL REPORTS REQUIRED BY THIS SUBDIVISION SHALL BE  POSTED
 PUBLICLY ON THE WEBSITE OF THE STATE UNIVERSITY OF NEW YORK IN A MACHINE
 READABLE  FORMAT  BY  NOVEMBER  FIRST  OF  EACH  YEAR. THE REPORTS SHALL
 INCLUDE, BUT NOT BE LIMITED TO:
   A. FINANCIAL REPORTS, INCLUDING: AUDITED FINANCIALS IN ACCORDANCE WITH
 ALL APPLICABLE REGULATIONS AND FOLLOWING GENERALLY  ACCEPTED  ACCOUNTING
 PRINCIPLES  AS  DEFINED  IN  SUBDIVISION TEN OF SECTION TWO OF THE STATE
 FINANCE LAW, AND ANY LONG-TERM LIABILITIES;
   B. A LIST OF ALL CONTRACTS, INCLUDING AMOUNT, PURPOSE AND  IDENTIFYING
 VENDOR INFORMATION OF EACH CONTRACT; AND
   C.  A LIST OF ALL FOUNDATION AND STATE UNIVERSITY EMPLOYEES BY CAMPUS,
 DEPARTMENT AND JOB LOCATION, AND THE AMOUNT SPENT BY CAMPUS,  DEPARTMENT
 AND  JOB  LOCATION WHICH SHALL INCLUDE ANNUAL EMPLOYEE SALARIES OR OTHER
 COMPENSATION, EMPLOYEE JOB TITLES AND DESCRIPTIONS  AND  EMPLOYEE  BENE-
 FITS.
   §  2.  Section  6233  of  the education law is amended by adding a new
 subdivision 4 to read as follows:
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03327-01-3
 S. 6863                             2
              

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