Senate Bill S6435

2011-2012 Legislative Session

Provides that audits of service award programs in certain political subdivisions may be obtained from the chief fiscal officer of such political subdivision

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions
Votes

2011-S6435 (ACTIVE) - Details

See Assembly Version of this Bill:
A9504
Current Committee:
Assembly Local Governments
Law Section:
General Municipal Law
Laws Affected:
Amd §219-a, Gen Muni L
Versions Introduced in 2009-2010 Legislative Session:
S5736

2011-S6435 (ACTIVE) - Summary

Provides that audits of service award programs in certain political subdivisions may be obtained from the chief fiscal officer of such political subdivision.

2011-S6435 (ACTIVE) - Sponsor Memo

2011-S6435 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  6435

                            I N  S E N A T E

                            February 9, 2012
                               ___________

Introduced  by  Sen.  DeFRANCISCO -- read twice and ordered printed, and
  when printed to be committed to the Committee on Local Government

AN ACT to amend the general municipal law,  in  relation  to  audits  of
  certain service award programs

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision 3 of section 219-a  of  the  general  municipal
law,  as  amended by chapter 458 of the laws of 2008, is amended to read
as follows:
  3. The sponsor or designated program  administrator  shall  obtain  an
annual  audit of its records by an independent certified public account-
ant or an independent public accountant, PROVIDED  THAT  FOR  A  SERVICE
AWARD  PROGRAM FOR A POLITICAL SUBDIVISION IN WHICH FIFTY OR FEWER FIRE-
FIGHTERS PARTICIPATE IN SUCH PROGRAM, SUCH AUDIT MAY  BE  OBTAINED  FROM
THE CHIEF FISCAL OFFICER OF SUCH POLITICAL SUBDIVISION. Such audit shall
examine the program's financial conditions, actuarial assumptions, fidu-
ciary  investment  and control, and asset allocations, including whether
current assets are adequate to fund future liabilities. A  copy  of  the
audit  shall  be presented to the program sponsor and to the state comp-
troller by such accountant. Copies of  the  audit  shall  also  be  made
available for public inspection and copying. The audit must be completed
within two hundred seventy days of the program sponsor's fiscal year.
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14533-01-2

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.