Assembly Bill A2877

2009-2010 Legislative Session

Enacts the public-private partnership disclosure act

download bill text pdf

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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

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2009-A2877 (ACTIVE) - Details

Current Committee:
Assembly Ways And Means
Law Section:
State Finance Law
Laws Affected:
Add §136-d, St Fin L
Versions Introduced in Other Legislative Sessions:
2011-2012: A4046
2013-2014: A4652
2015-2016: A5737
2017-2018: A6240
2019-2020: A5658

2009-A2877 (ACTIVE) - Summary

Enacts the "public-private partnership disclosure act;" requires state agencies entering into public-private partnerships to promulgate rules and regulations regarding review and disclosure relating to such relationships; requires public notice and a report to the legislature.

2009-A2877 (ACTIVE) - Bill Text download pdf

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

                                  2877

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            January 21, 2009
                               ___________

Introduced  by M. of A. ENGLEBRIGHT, P. RIVERA -- read once and referred
  to the Committee on Ways and Means

AN ACT to amend the state finance law, in relation to the regulation  of
  public-private partnerships

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

  Section 1. Short title.  This act shall be known and may be  cited  as
the "public-private partnership disclosure act".
  S  2.  Legislative  findings and purpose. The legislature hereby finds
that agreements between state entities and commercial entities known  as
"public-private  partnerships" whereby private monies are made available
for public purposes can  be  beneficial  and  in  the  public  interest.
However, the legislature further finds that such partnerships generating
and  expending  funds  outside of the normal state budgetary process may
distort properly enacted public priorities. In addition, the legislature
finds that such partnerships if not created  with  full  disclosure  and
full  opportunity  for  public  comment  have the potential for creating
conflicts of interest. Therefore, it is the purpose of  the  legislature
to  provide for the establishment of standards and requirements for full
disclosure and public comment for public-private partnerships.
  S 3. The state finance law is amended by adding a new section 136-d to
read as follows:
  S 136-D. PUBLIC-PRIVATE PARTNERSHIPS. 1. AS USED IN THIS SECTION,  THE
TERM  "PUBLIC-PRIVATE PARTNERSHIP" OR "PARTNERSHIP" SHALL MEAN AN AGREE-
MENT BETWEEN A STATE AGENCY  AND  A  CORPORATION,  PARTNERSHIP,  LIMITED
LIABILITY COMPANY OR OTHER PRIVATE COMMERCIAL ENTITY UNDER WHICH PRIVATE
MONIES  IN  AN AMOUNT OF MORE THAN FIVE THOUSAND DOLLARS ARE MADE AVAIL-
ABLE FOR A PUBLIC CAPITAL PROJECT, A PUBLIC PROGRAM OR TO UNDERWRITE THE
COST OF PUBLIC PERSONNEL IN RETURN FOR CONSIDERATION INCLUDING  BUT  NOT
LIMITED  TO NOTICE OR DISPLAY OF THE NAME OR LOGO OF THE PROVIDER OF THE
PRIVATE MONIES.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06250-01-9
              

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