Senate Bill S552

2025-2026 Legislative Session

Relates to charter schools in cities with a population of one million or more

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee New York City Education 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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2025-S552 (ACTIVE) - Details

Current Committee:
Senate New York City Education
Law Section:
Education Law
Laws Affected:
Amd §2854, Ed L
Versions Introduced in Other Legislative Sessions:
2019-2020: S4926
2021-2022: S1117
2023-2024: S2173

2025-S552 (ACTIVE) - Summary

Requires the state comptroller and the comptroller of the city of New York to coordinate the scheduling and performance of audits of charter schools in the city of New York.

2025-S552 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    552
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 8, 2025
                                ___________
 
 Introduced  by Sens. LIU, SALAZAR -- read twice and ordered printed, and
   when printed to be committed to the Committee on New York City  Educa-
   tion
 
 AN  ACT  to  amend  the education law, in relation to charter schools in
   cities with a population of one million or more

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Paragraph  (c)  of  subdivision  1 of section 2854 of the
 education law, as amended by section 10-b of part A of chapter 56 of the
 laws of 2014, is amended to read as follows:
   (c) A charter school shall be subject to  the  financial  audits,  the
 audit  procedures,  and the audit requirements set forth in the charter,
 and shall be subject to audits of the comptroller [of  the  city  school
 district]  of  the  city of New York AND THE COMPTROLLER OF THE STATE OF
 NEW YORK for charter schools located in New York city, and to the audits
 of the comptroller of the state of New York for charter schools  located
 in  the rest of the state, at [his or her] THE COMPTROLLER'S discretion,
 with respect to the school's financial operations. Such AUDIT procedures
 and standards shall be consistent with generally accepted accounting and
 audit standards. Independent fiscal audits shall be  required  at  least
 once  annually. PRIOR TO CONDUCTING AN AUDIT OF A CHARTER SCHOOL LOCATED
 IN NEW YORK CITY, THE COMPTROLLER OF THE STATE OF NEW YORK SHALL COORDI-
 NATE THE SCHEDULING AND PERFORMANCE OF SUCH AUDIT WITH  THE  COMPTROLLER
 OF THE CITY OF NEW YORK.
   § 2. This act shall take effect immediately.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02430-01-5

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