Bill Text: NY A07623 | 2019-2020 | General Assembly | Introduced

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Bill Title: Requires that prior to a contract with the state or other public entity being effective, a report must be filed with the comptroller disclosing financial interests.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - referred to corporations, authorities and commissions [A07623 Detail]

Download: New_York-2019-A07623-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          7623

                               2019-2020 Regular Sessions

                   IN ASSEMBLY

                                      May 14, 2019
                                       ___________

        Introduced  by M. of A. GALEF -- read once and referred to the Committee
          on Corporations, Authorities and Commissions

        AN ACT to amend the public authorities  law,  in  relation  to  contract
          reports

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

     1    Section 1. The public authorities law  is  amended  by  adding  a  new
     2  section 2882 to read as follows:
     3    § 2882. Reporting of contracts to the comptroller. Prior to awarding a
     4  contract  requiring  the  payment  of appropriated monies to any person,
     5  firm, partnership or corporation, every state authority, local  authori-
     6  ty,  interstate  or  international  authority or affiliate or subsidiary
     7  thereof shall report to the comptroller: (i) the name of the contractor;
     8  (ii) the amount of the contract; (iii) the purpose of the contract; (iv)
     9  the name of the member of the legislature who  sponsored  the  appropri-
    10  ation  of  such monies or the allocation of a portion of such monies for
    11  such contract; and (v) a sworn statement signed under oath by the execu-
    12  tive director or principal officer of the contractor, of  any  financial
    13  interest such member of the legislature, or a relative of such member of
    14  the  legislature  has in the person, firm, partnership or corporation to
    15  whom or to which such contract is awarded submitted on a form as  deter-
    16  mined by the comptroller. No such contract shall be effective until such
    17  report  is filed with the comptroller. For the purposes of this section,
    18  "relative" of any individual shall mean any person living  in  the  same
    19  household  as the individual or any person who is a direct descendant of
    20  that individual's grandparents or the spouse of such descendant.
    21    § 2. This act shall take effect immediately.


         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD06562-01-9