Assembly Bill A8677

2011-2012 Legislative Session

Enacts the "Port Authority of New York and New Jersey Transparency and Accountability Act"

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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

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Bill Amendments

2011-A8677 - Details

Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Port Authority of New York and New Jersey
Laws Affected:
Amd §1 Art XV-A, add §1 Arts XV-B - XV-F, Chap 154 of 1921 1-a - 1-e, Chap 154 of 1921

2011-A8677 - Summary

Enacts the "Port Authority of New York and New Jersey Transparency and Accountability Act".

2011-A8677 - Bill Text download pdf

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

                                  8677

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                            October 27, 2011
                               ___________

Introduced by M. of A. CUSICK -- read once and referred to the Committee
  on Corporations, Authorities and Commissions

AN ACT to amend chapter 154 of the laws of 1921 constituting the Port of
  New York Authority, in relation to oversight of such authority

  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 "Port Authority of New York and New Jersey Oversight Act".
  S 2. Chapter 154 of the laws of 1921 constituting the Port of New York
Authority is amended by adding a new section 1-a to read as follows:
  S 1-A. 1. THE LEGISLATURE FINDS AND DECLARES THAT:
  A.  BECAUSE  THE  PORT AUTHORITY OF NEW YORK AND NEW JERSEY ("THE PORT
AUTHORITY") PERFORMS MANY  CRITICAL  TRANSPORTATION  AND  INFRASTRUCTURE
FUNCTIONS, THERE IS A NEED FOR LEGISLATIVE OVERSIGHT TO ENSURE TRANSPAR-
ENCY AND ACCOUNTABILITY AT THE PORT AUTHORITY;
  B.  WHILE  THIS  STATE  HAS  RECENTLY IMPLEMENTED A SIGNIFICANT SET OF
OVERSIGHT MEASURES FOR OTHER PUBLIC AUTHORITIES, THESE  OVERSIGHT  MEAS-
URES  DO  NOT  EXTEND  TO THE PORT AUTHORITY BECAUSE IT IS AN INTERSTATE
AUTHORITY; AND
  C. IT IS IN THE BEST INTEREST OF THE PUBLIC THAT  THE  STATES  OF  NEW
YORK  AND  NEW JERSEY ENACT SUBSTANTIVELY IDENTICAL LEGISLATION IN ORDER
TO PROVIDE OVERSIGHT TO THE PRACTICES OF THE PORT  AUTHORITY  TO  ENSURE
THE  PROPER  FUNCTIONING  OF THE PORT AUTHORITY AS AN OPEN, TRANSPARENT,
AND ACCOUNTABLE INTERSTATE AUTHORITY.
  2. A. THE BOARD OF COMMISSIONERS SHALL:
  (1) EXECUTE DIRECT OVERSIGHT OF THE AUTHORITY'S  CHIEF  EXECUTIVE  AND
OTHER  SENIOR  MANAGEMENT IN THE EFFECTIVE AND ETHICAL MANAGEMENT OF THE
AUTHORITY;
  (2) UNDERSTAND, REVIEW, AND MONITOR THE IMPLEMENTATION OF  FUNDAMENTAL
FINANCIAL  AND  MANAGEMENT  CONTROLS  AND  OPERATIONAL  DECISIONS OF THE
AUTHORITY;

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09602-02-1
              

co-Sponsors

2011-A8677A - Details

Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Port Authority of New York and New Jersey
Laws Affected:
Amd §1 Art XV-A, add §1 Arts XV-B - XV-F, Chap 154 of 1921 1-a - 1-e, Chap 154 of 1921

2011-A8677A - Summary

Enacts the "Port Authority of New York and New Jersey Transparency and Accountability Act".

2011-A8677A - Bill Text download pdf

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

                                 8677--A

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                            October 27, 2011
                               ___________

Introduced by M. of A. CUSICK -- read once and referred to the Committee
  on  Corporations,  Authorities  and  Commissions -- recommitted to the
  Committee on Corporations, Authorities and Commissions  in  accordance
  with  Assembly  Rule  3, sec. 2 -- committee discharged, bill amended,
  ordered reprinted as amended and recommitted to said committee

AN ACT to amend chapter 154 of the  laws  of  1921,  providing  for  the
  establishment of the Port of New York Authority, in relation to enact-
  ing  the  "Port  Authority of New York and New Jersey Transparency and
  Accountability Act"

  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 "Port Authority of New York and New Jersey Transparency and Account-
ability Act".
  S 2. Subdivisions 2 and 3 of article XV-A of section 1 of chapter  154
of  the laws of 1921, providing for the establishment of the Port of New
York Authority, as added by chapter 275 of the laws of 1992, are amended
to read as follows:
  2. As used in this act:
  [a.] "Board" means the board of commissioners of the Port Authority of
New York and New Jersey.
  [b.] "COMMITTEE" OR "COMMITTEES" MEANS THE AUDIT COMMITTEE, THE GOVER-
NANCE COMMITTEE, AND THE FINANCE COMMITTEE REQUIRED TO BE ESTABLISHED BY
THE BOARD IN ACCORDANCE WITH SUBDIVISIONS 2, 3 AND 4 OF ARTICLE XV-B  OF
THIS SECTION.
  "Meeting" means any gathering, whether corporeal or by means of commu-
nication  equipment,  which  is attended by, or open to, the board, held
with the intent, on the part of the board members present, to discuss or
act as a unit upon the specific public business of the authority. "Meet-
ing" does not mean a gathering (1) attended by less  than  an  effective
majority  of the board, or (2) attended by or open to all the members of

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09602-04-1
              

co-Sponsors

2011-A8677B (ACTIVE) - Details

Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Port Authority of New York and New Jersey
Laws Affected:
Amd §1 Art XV-A, add §1 Arts XV-B - XV-F, Chap 154 of 1921 1-a - 1-e, Chap 154 of 1921

2011-A8677B (ACTIVE) - Summary

Enacts the "Port Authority of New York and New Jersey Transparency and Accountability Act".

2011-A8677B (ACTIVE) - Bill Text download pdf

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

                                 8677--B

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                            October 27, 2011
                               ___________

Introduced  by M. of A. CUSICK, TOBACCO -- read once and referred to the
  Committee on Corporations, Authorities and Commissions --  recommitted
  to  the  Committee  on  Corporations,  Authorities  and Commissions in
  accordance with Assembly Rule 3, sec. 2 -- committee discharged,  bill
  amended,  ordered reprinted as amended and recommitted to said commit-
  tee -- recommitted to the Committee on Corporations,  Authorities  and
  Commissions  in  accordance  with Assembly Rule 3, sec. 2 -- committee
  discharged, bill amended, ordered reprinted as amended and recommitted
  to said committee

AN ACT to amend chapter 154 of the  laws  of  1921,  providing  for  the
  establishment of the Port of New York Authority, in relation to enact-
  ing  the  "Port  Authority of New York and New Jersey Transparency and
  Accountability Act"

  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 "Port Authority of New York and New Jersey Transparency and Account-
ability Act".
  S 2. Subdivisions 2 and 3 of article XV-A of section 1 of chapter  154
of  the laws of 1921, providing for the establishment of the Port of New
York Authority, as added by chapter 275 of the laws of 1992, are amended
to read as follows:
  2. As used in this act:
  [a.] "Board" means the board of commissioners of the Port Authority of
New York and New Jersey.
  [b.] "COMMITTEE" OR "COMMITTEES" MEANS THE AUDIT COMMITTEE, THE GOVER-
NANCE COMMITTEE, AND THE FINANCE COMMITTEE REQUIRED TO BE ESTABLISHED BY
THE BOARD IN ACCORDANCE WITH SUBDIVISIONS 2, 3 AND 4 OF ARTICLE XV-B  OF
THIS SECTION.
  "Meeting" means any gathering, whether corporeal or by means of commu-
nication  equipment,  which  is attended by, or open to, the board, held

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09602-08-2
              

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