Bill Text: NY A02229 | 2023-2024 | General Assembly | Introduced

New York Assembly Bill 2229

Introduced

Bill Title: Relates to creating annual reporting obligations by municipal housing authorities to the authorities budget office with respect to state-funded activities of such municipal housing authorities.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Introduced) 2024-01-03 - referred to corporations, authorities and commissions [A02229 Detail]

Download: New_York-2023-A02229-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                          2229

                               2023-2024 Regular Sessions

                   IN ASSEMBLY

                                    January 25, 2023
                                       ___________

        Introduced  by M. of A. HYNDMAN -- read once and referred to the Commit-
          tee on Corporations, Authorities and Commissions

        AN ACT to amend the public authorities  law,  in  relation  to  creating
          annual  reporting  obligations by municipal housing authorities to the
          authorities budget office with respect to state-funded  activities  of
          such municipal housing authorities

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1.  Section 2801 of the public authorities law is  amended  by
     2  adding a new subdivision 4 to read as follows:
     3    4. Municipal housing authorities.  For the municipal housing authority
     4  fiscal  year  ending in the calendar year following the calendar year of
     5  the effective date of this subdivision, and annually  thereafter,  every
     6  municipal  housing  authority  created  by  the public housing law shall
     7  submit to the chief executive officer, the chief fiscal officer, and the
     8  authorities budget office for their information, annually not more  than
     9  ninety  days and not less than sixty days before the commencement of its
    10  fiscal year, in the form submitted to its board, budget  information  on
    11  operations and capital construction setting forth the estimated receipts
    12  and  expenditures  for the next fiscal year and the current fiscal year,
    13  and the actual receipts and expenditures for the last  completed  fiscal
    14  year,  for all projects and activities funded in whole or in part by the
    15  state.
    16    § 2. This act shall take effect immediately.



         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03358-01-3