Bill Text: NY A07945 | 2019-2020 | General Assembly | Amended


Bill Title: Relates to the state single audit program and municipalities and public authorities that are required in any fiscal year to have a federal single audit performed under 2 CFR 200.501(a).

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2019-09-13 - signed chap.285 [A07945 Detail]

Download: New_York-2019-A07945-Amended.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                         7945--A

                               2019-2020 Regular Sessions

                   IN ASSEMBLY

                                      May 29, 2019
                                       ___________

        Introduced  by  M.  of A. MAGNARELLI -- (at request of the Department of
          Transportation) -- read once and referred to the Committee  on  Trans-
          portation  -- reported and referred to the Committee on Rules -- Rules
          Committee discharged, bill amended, ordered reprinted as  amended  and
          recommitted to the Committee on Rules

        AN  ACT to amend the transportation law, in relation to the state single
          audit program

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

     1    Section 1. The opening paragraph of subdivision 1 and subdivision 6 of
     2  section  21 of the transportation law, the opening paragraph of subdivi-
     3  sion 1 as added by chapter 279 of the laws of 1998, and subdivision 6 as
     4  amended by chapter 100 of the laws of  1999,  are  amended  to  read  as
     5  follows:
     6    Municipalities  and public authorities that are required in any fiscal
     7  year to have a federal single audit performed  under  paragraph  (a)  of
     8  part  200.501  of  title 2 of the code of federal regulations as amended
     9  from time to time, and that expend in excess of  [one  hundred  thousand
    10  dollars]  the dollar amount provided in 2 CFR 200.501(a) as amended from
    11  time to time in any fiscal year from funds provided through state trans-
    12  portation programs, projects, grants, contracts or  agreements  adminis-
    13  tered by the department, [and that are required to have a federal single
    14  audit performed under the federal Single Audit Act of 1984, as amended,]
    15  shall  prepare  a "schedule of state transportation assistance expended"
    16  and cause such schedule to be audited by an independent certified public
    17  accountant for each period corresponding to the  federal  single  audit.
    18  The  audit  shall  conform  with government auditing standards and shall
    19  include a professional audit opinion on:
    20    6. The commissioner shall annually report to the governor, the  tempo-
    21  rary  president  of  the  senate  and the speaker of the assembly on the
    22  benefits and  costs  of  the  implementation  of  this  section  by  the
    23  [fifteenth]  thirty-first of October, beginning in the year two thousand
    24  [two] nineteen.
    25    § 2. This act shall take effect immediately.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09314-02-9
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