Bill Text: NY S01081 | 2023-2024 | General Assembly | Introduced

New York Senate Bill 1081

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 1-0)

Status: (Engrossed) 2024-02-12 - referred to corporations, authorities and commissions [S01081 Detail]

Download: New_York-2023-S01081-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                          1081

                               2023-2024 Regular Sessions

                    IN SENATE

                                    January 10, 2023
                                       ___________

        Introduced  by  Sen.  COMRIE -- read twice and ordered printed, and when
          printed to be committed to the Committee 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