Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Dec 11, 2015 |
vetoed memo.288 |
Nov 30, 2015 |
delivered to governor |
Apr 28, 2015 |
returned to senate passed assembly ordered to third reading cal.182 substituted for a1958 |
Mar 11, 2015 |
referred to ways and means delivered to assembly passed senate |
Mar 03, 2015 |
advanced to third reading |
Mar 02, 2015 |
2nd report cal. |
Feb 26, 2015 |
1st report cal.129 |
Jan 07, 2015 |
referred to local government |
Senate Bill S298
Vetoed By Governor2015-2016 Legislative Session
Sponsored By
(R, C) 7th Senate District
Archive: Last Bill Status - Vetoed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Vetoed By Governor
- Signed By Governor
Actions
Votes
2015-S298 (ACTIVE) - Details
2015-S298 (ACTIVE) - Sponsor Memo
BILL NUMBER: S298 TITLE OF BILL : An act to amend the general municipal law, in relation to alternate viewers of audits provided to the federal clearinghouse PURPOSE : The purpose of this bill is to allow state agencies the ability to view municipalities single audit filings electronically to be in compliance with the federal Single Audit Act of 1984, which will reduce burdens on local government entities. SUMMARY OF PROVISIONS : This legislation adds a new section 40 to the general municipal law. JUSTIFICATION : All local government entities that receive federal dollars in excess of an aggregate sum of $500,000 annually must file a single audit with the federal Clearinghouse and appropriate state agencies to account for the expenditures of those funds pursuant to the federal Single Audit Act of 1984 and Circular. A-133, put forth by the federal Office of Management and Budget. Currently, local government entities must file with the federal government, and then individually with each state agency that acted as a conduit of federal funding for a related purpose. The majority of localities required to file these audits receive an assortment of smaller grants adding up to $500,000 for a variety of purposes, and they are therefore required to file multiple documents with various state agencies.
2015-S298 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 298 2015-2016 Regular Sessions I N S E N A T E (PREFILED) January 7, 2015 ___________ Introduced by Sen. MARTINS -- 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 alternate viewers of audits provided to the federal clearinghouse THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The general municipal law is amended by adding a new section 40 to read as follows: S 40. AUDITS TO FEDERAL CLEARINGHOUSE. 1. LOCAL GOVERNMENTAL ENTITIES EXPENDING FEDERAL FUNDS THAT ARE REQUIRED TO FILE A SINGLE AUDIT TO THE FEDERAL CLEARINGHOUSE SHALL DESIGNATE ALL RELEVANT STATE AGENCIES THAT ACTED AS A PASS-THROUGH ENTITY FOR FEDERAL FUNDS, AS DESIGNATED VIEWERS IN COMPLIANCE WITH THE SINGLE AUDIT ACT OF 1984 AND THE RELEVANT FEDERAL CIRCULAR GUIDELINES. 2. FOR PURPOSES OF THIS SECTION: (A) "SINGLE AUDIT" SHALL MEAN AN AUDIT REQUIRED FOR RECIPIENTS OF FEDERAL FINANCIAL ASSISTANCE EQUAL TO OR IN EXCESS OF FIVE HUNDRED THOUSAND DOLLARS IN ANY FISCAL YEAR AND INCLUDES THE MUNICIPALITY'S FINANCIAL STATEMENTS AND THE AMOUNT OF THE FEDERAL FINANCIAL ASSISTANCE. (B) "LOCAL GOVERNMENTAL ENTITY" SHALL MEAN A MUNICIPAL CORPORATION, AS DEFINED IN SECTION TWO OF THIS CHAPTER, OR SPECIAL DISTRICT. S 2. This act shall take effect upon the enactment of updates made to Circular No. A-133 by the Federal Office of Management & Budget adding the ability to designate a viewer to a single audit filing; provided that the federal clearinghouse shall notify the legislative bill draft- ing commission upon the occurrence of the updates to Circular No. A-133 in order that the commission may maintain an accurate and timely data- base of the official text of the laws of the state of New York in furth- erance of effectuating the provisions of section 44 of the legislative law and section 70-b of the public officers law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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