Assembly Bill A10490

2015-2016 Legislative Session

Relates to requiring state agencies, public authorities and public benefit corporations to provide annual reports

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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2015-A10490 (ACTIVE) - Details

Current Committee:
Assembly Governmental Operations
Law Section:
State Finance Law
Laws Affected:
Add §19-A, St Fin L
Versions Introduced in Other Legislative Sessions:
2017-2018: A8691
2019-2020: A6760
2021-2022: A4825
2023-2024: A3630

2015-A10490 (ACTIVE) - Summary

Relates to requiring state agencies, public authorities and public benefit corporations to provide annual reports including information on outstanding total debt for each entity, total annual debt service for each entity, annual debt issuance for each entity, and annual debt to be retired for each entity.

2015-A10490 (ACTIVE) - Bill Text download pdf 

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

                                  10490

                          I N  A S S E M B L Y

                              May 31, 2016
                               ___________

Introduced  by  M. of A. OAKS -- read once and referred to the Committee
  on Governmental Operations

AN ACT to amend the state finance law, in relation  to  requiring  state
  agencies,  public  authorities  and  public  benefit  corporations  to
  provide annual reports

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

  Section  1.  The  state finance law is amended by adding a new section
19-A to read as follows:
  S 19-A.  ANNUAL  REPORTING  REQUIREMENTS.  NOTWITHSTANDING  ANY  OTHER
PROVISIONS  OF  THE LAW TO THE CONTRARY COMMENCING ON JANUARY FIRST, TWO
THOUSAND SIXTEEN AND EACH YEAR THEREAFTER ALL  STATE  AGENCIES  AND  ALL
STATE  AND  LOCAL  AUTHORITIES  AS  DEFINED BY SECTION TWO OF THE PUBLIC
AUTHORITIES LAW SHALL SUBMIT TO THE  GOVERNOR,  THE  CHAIR  AND  RANKING
MINORITY  MEMBER OF THE SENATE FINANCE COMMITTEE AND THE CHAIR AND RANK-
ING MINORITY MEMBER OF THE ASSEMBLY WAYS AND MEANS COMMITTEE  AN  ANNUAL
REPORT.  SUCH  REPORT  SHALL  INCLUDE,  BUT SHALL NOT BE LIMITED TO, THE
OUTSTANDING TOTAL DEBT FOR EACH ENTITY; TOTAL ANNUAL  DEBT  SERVICE  FOR
EACH ENTITY; ANNUAL DEBT ISSUANCE FOR EACH ENTITY; AND ANNUAL DEBT TO BE
RETIRED FOR EACH ENTITY.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15161-01-6

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