§ 217-a. Public information website. 1. The comptroller is hereby
authorized to make available to the public on its website information
about vendors of service award programs, both defined contribution
programs and defined benefit programs, for volunteer firefighters. Such
information shall include, but need not be limited to:

(a) categorization by class of all costs, fees and commissions of any
type;

(b) rate of return on investment for one, three, five and ten year
periods ending December thirty-first, including gross of all costs and
net of all costs;

(c) length of time the company has been in business;

(d) information regarding management stability including the length of
tenure of board members;

(e) description of investment structure including its ten largest
holdings;

(f) statement of investment philosophy;

(g) list of all representatives and their relationship to any program
sponsor;

(h) percentage of investments bought or sold during each year.

2. The comptroller is hereby authorized to develop and distribute to
every vendor, not more than sixty days after the effective date of this
section, a form that shall be used for the purpose of collecting the
information required by subdivision one of this section and any other
information the comptroller may deem desirable to accomplish the
purposes of this section. Every vendor shall return such forms to the
comptroller no later than ninety days after the effective date of this
section and annually thereafter, but no later than March first of each
year commencing in two thousand eight. The comptroller is hereby
authorized to publish the information obtained from such forms and make
it available to New York residents on the office of the comptroller
website by July first, two thousand eight and annually thereafter.

3. As used in this section, "vendor" shall mean an organization duly
authorized to do business in the state and which is qualified to
administer and maintain records and accounts of defined benefit and
defined contribution plans which meet the requirements for qualification
under the internal revenue code and governmental defined benefit and
defined contribution plans.