NY State Senate Bill 2025-S608

Senate Bill S608

2025-2026 Legislative Session

Requires the New York state thruway authority to submit biannual reports to the legislature of all fiscal transactions, receipts and expenditures

download bill text pdf

Current Bill Status - In Senate Committee Transportation 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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Actions

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	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Jan 08, 2025	referred to transportation

2025-S608 (ACTIVE) - Details

Current Committee:: Senate Transportation
Law Section:: Public Authorities Law
Laws Affected:: Amd §363, Pub Auth L
Versions Introduced in Other Legislative Sessions:: 2021-2022: S8527
2023-2024: S485

2025-S608 (ACTIVE) - Summary

Requires the New York state thruway authority to submit biannual reports to the legislature of all fiscal transactions, receipts and expenditures, with each report covering activity from the prior six months.

2025-S608 (ACTIVE) - Sponsor Memo

                                 
BILL NUMBER: S608

SPONSOR: COMRIE
 
TITLE OF BILL:

An act to amend the public authorities law, in relation to requiring the
New York state thruway authority to submit biannual reports of all
fiscal transactions, receipts and expenditures

 
PURPOSE OR GENERAL IDEA OF BILL:

This legislation would require New York state thruway authority to
submit biannual reports to the governor, the comptroller, the director
of the budget, and legislature the statement of its financial condition,
a statement of all receipts and expenditures, and a list of any
contracts entered into by the authority during the period.

 
SUMMARY OF PROVISIONS:

Section 1 of the bill amends section 363 of the public authorities law
to require NYSTA report expenditures biannually.

Section 2 of the bill provides the effective date. JUSTIFICATION:  This
bill would require the New York state thruway authority (NYSTA) submit a
biannual report to the legislature on all receipts and expenditures, and
a list of any contracts entered into by the authority during the period.
This measure would ensure increased transparency at the authority and
help lawmakers understand the fiscal relationship and statutory compli-
ance between the authority, its constituents and third-party entities
that do business with NYSTA.

 
PRIOR LEGISLATIVE HISTORY:

2023-2024: S485B Comrie/ A573B Burgos- Vetoed Memo.48

2022: S8527 - Passed Senate/A10111 (Burgos) referred to Corporations,
Authorities and Commissions

 
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:

None

 
EFFECTIVE DATE:
On the first of January next succeeding the date on which it shall have
become a law.

2025-S608 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    608
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 8, 2025
                                ___________
 
 Introduced  by  Sen.  COMRIE -- read twice and ordered printed, and when
   printed to be committed to the Committee on Transportation
 
 AN ACT to amend the public authorities law, in relation to requiring the
   New York state thruway authority to submit  biannual  reports  of  all
   fiscal transactions, receipts and expenditures
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 363 of the public authorities law,  as  amended  by
 chapter 766 of the laws of 1992, is amended to read as follows:
   § 363. [Annual] BIANNUAL report. (A) The authority shall submit to the
 governor,  to the legislature, to the comptroller and to the director of
 the budget [on or before the first day of February of each year] BIANNU-
 ALLY a detailed report setting forth its operations  and  fiscal  trans-
 actions  during  the  [preceding  calendar  year]  COVERED PERIOD with a
 statement of its financial condition  as  of  the  end  of  such  [year]
 COVERED  PERIOD  and a statement of all receipts and expenditures during
 such [year] COVERED PERIOD.  Such report shall include detailed informa-
 tion relating to additional expenditures incurred by the authority as  a
 result  of  the  amendments  made  to  subdivision four of section three
 hundred fifty-nine of this [chapter] TITLE pursuant to  the  chapter  of
 the  laws  of  nineteen  hundred ninety-two which enacted this sentence.
 ADDITIONALLY, SUCH REPORT SHALL INCLUDE A LIST OF ANY  CONTRACT  ENTERED
 INTO BY SUCH AUTHORITY IN THE COVERED PERIOD.
   (B)  FOR THE PURPOSES OF THIS SECTION, "COVERED PERIOD" SHALL MEAN THE
 PRECEDING SIX-MONTH PERIOD.
   § 2.  This act shall take effect on the first of January next succeed-
 ing the date on which it shall have become a law.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02484-01-5

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