Bill Text: NY A05379 | 2015-2016 | General Assembly | Amended
Bill Title: Relates to reporting requirements of SUNY and CUNY; relates to financial information and relates to vendors for contracts of services; relates to amount of employees by department and location including salaries, job titles and descriptions.
Spectrum: Slight Partisan Bill (Democrat 13-5)
Status: (Introduced - Dead) 2016-02-29 - print number 5379b [A05379 Detail]
Download: New_York-2015-A05379-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 5379--B 2015-2016 Regular Sessions IN ASSEMBLY February 20, 2015 ___________ Introduced by M. of A. GLICK, COOK, CRESPO, GOTTFRIED, CAHILL, AUBRY, LUPARDO, JAFFEE, LUPINACCI, RAIA, BRONSON, FAHY, GALEF -- Multi-Spon- sored by -- M. of A. CLARK, DUPREY, MONTESANO, THIELE -- read once and referred to the Committee on Governmental Operations -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- reference changed to the Committee on Higher Education -- recommitted to the Committee on Higher Education in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said commit- tee 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: 1 Section 1. Section 359 of the education law is amended by adding a new 2 subdivision 6 to read as follows: 3 6. The trustees of the state university of New York shall require, on 4 or before November first of each year, an annual report of the research 5 foundation of the state university of New York, and an annual report of 6 state-operated institutions' and community colleges' campus foundations 7 and their subsidiaries, in a standardized format developed by the chan- 8 cellor. The annual reports required by this subdivision shall be posted 9 publicly on the website of the state university of New York in a machine 10 readable format by November first of each year. The reports shall 11 include, but not be limited to: 12 a. financial reports, including: audited financials in accordance with 13 all applicable regulations and following generally accepted accounting 14 principles as defined in subdivision ten of section two of the state 15 finance law, and any long-term liabilities; 16 b. the total number, amount, and identifying vendor information of all 17 contracts for services; and 18 c. the total amount of employees by department and job location and 19 amount spent on personnel by department and job location which shall EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD00957-05-6