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Assembly Bill A7432

2017-2018 Legislative Session

Requires contracts with any state agency, authority, or any other state-controlled entity in excess of two hundred fifty thousand dollars to be approved by the state comptroller; repealer

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Archive: Last Bill Status - In Assembly Committee

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2017-A7432 (ACTIVE) - Details

Current Committee:
Assembly Governmental Operations
Law Section:
State Finance Law
Laws Affected:
Amd §112, St Fin L; amd §2879-a, Pub Auth L; amd §§355, 373 & 6218, rpld §6283, Ed L

2017-A7432 (ACTIVE) - Summary

Requires contracts with any state agency, authority, or any other state-controlled entity in excess of two hundred fifty thousand dollars to be approved by the state comptroller.

2017-A7432 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7432
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              April 25, 2017
                                ___________
 
 Introduced  by  M.  of  A.  O'DONNELL  --  read once and referred to the
   Committee on Governmental Operations
 
 AN ACT to amend the state finance law, the public  authorities  law  and
   the  education  law, in relation to requiring contracts with any state
   agency, authority, or any other state-controlled entity in  excess  of
   two  hundred  fifty thousand dollars to be approved by the state comp-
   troller; and to repeal section 6283 of the education law  relating  to
   procurements of the fund
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraph (a) of subdivision 2 of section 112 of the  state
 finance  law,  as  amended  by section 18 of part L of chapter 55 of the
 laws of 2012, is amended to read as follows:
   (a) Before any contract made for or by any state  agency,  department,
 board, officer, commission, or institution, except the office of general
 services,  shall be executed or become effective, whenever such contract
 exceeds fifty thousand dollars in amount and before  any  contract  made
 for  or  by  the  office of general services shall be executed or become
 effective, whenever such contract exceeds eighty-five  thousand  dollars
 in  amount,  it  shall first be approved by the comptroller and filed in
 his or her office, [with the exception of  contracts  established  as  a
 centralized contract through the office of general services and purchase
 orders  or  other procurement transactions issued under such centralized
 contracts. The] PROVIDED, HOWEVER, THAT THE  comptroller  shall  make  a
 final  written  determination  with respect to approval of such contract
 within ninety days of the submission of such  contract  to  his  or  her
 office  unless the comptroller shall notify, in writing, the state agen-
 cy, department, board, officer, commission, or institution, prior to the
 expiration of the ninety day period, and for good cause, of the need for
 an extension of not more than fifteen days, or a  reasonable  period  of
 time agreed to by such state agency, department, board, officer, commis-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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