Bill Text: NY S08699 | 2019-2020 | General Assembly | Introduced

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Bill Title: Directs the state comptroller to act as a fiscal monitor for the distribution and expenditure of federal funds received by any town through the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-07-08 - REFERRED TO RULES [S08699 Detail]

Download: New_York-2019-S08699-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          8699

                    IN SENATE

                                      July 8, 2020
                                       ___________

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

        AN ACT directing the state comptroller to act as a  fiscal  monitor  for
          the distribution and expenditure of federal funds received by any town
          through the CARES Act

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

     1    Section 1. The state comptroller shall serve as a  fiscal  monitor  to
     2  provide  direct  oversight  of  any  monies allocated to any town by the
     3  United States department of treasury pursuant to the federal Coronavirus
     4  Aid, Relief, and Economic Security (CARES) Act of 2020  (P.L.  116-136).
     5  The  state  comptroller  shall  review  any  expenditures  proposed  and
     6  approved by any town pursuant to the CARES act; provided, however,  that
     7  CARES  Act monies received by any village, which were already subject to
     8  review by the state comptroller upon their allocation to a  town,  shall
     9  not  be subject to additional review by the state comptroller upon their
    10  allocation to a village from a town. No funds pursuant to the CARES  act
    11  may  be  expended  by  any  town without the approval of the state comp-
    12  troller, who shall determine the amount of monies a town shall  distrib-
    13  ute  to  each  of  its villages based upon such village's level of need,
    14  population, and other such factors as the state comptroller shall deter-
    15  mine in his  or  her  sole  discretion;  provided,  however,  that  this
    16  approval  requirement  shall  only  apply to funds that have not already
    17  been distributed to their final recipient as of the  effective  date  of
    18  this act. Funds received by such villages or towns pursuant to the CARES
    19  Act may only be used to cover costs that:
    20    1.  are necessary expenditures incurred due to the public health emer-
    21  gency related to coronavirus disease 2019 (COVID-19);
    22    2. were not accounted for in the budget most recently approved  as  of
    23  March  27,  2020  (the date of enactment of the CARES act) for the state
    24  or local government; and
    25    3. were incurred during the period that begins on March  1,  2020  and
    26  ends on December 30, 2020.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD16809-03-0
        S. 8699                             2

     1    Any  village  or  town  receiving  funds pursuant to the CARES act may
     2  allocate funds to a unit of local government within its jurisdiction, if
     3  approved by the state comptroller.
     4    § 2. This act shall take effect immediately.