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Assembly Bill A4514

2023-2024 Legislative Session

Relates to charter schools in N.Y. city

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Archive: Last Bill Status - In Assembly Committee

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2023-A4514 (ACTIVE) - Details

See Senate Version of this Bill:
S2173
Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Amd §2854, Ed L
Versions Introduced in Other Legislative Sessions:
2019-2020: A7766, S4926
2021-2022: A5118, S1117
2025-2026: S552

2023-A4514 (ACTIVE) - Summary

Requires the state comptroller and the comptroller of the city of New York to coordinate the scheduling and performance of audits of charter schools in the city of New York.

2023-A4514 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4514
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 16, 2023
                                ___________
 
 Introduced  by  M.  of  A.  BENEDETTO  --  read once and referred to the
   Committee on Education
 
 AN ACT to amend the education law, in relation  to  charter  schools  in
   cities with a population of one million or more
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Paragraph (c) of subdivision  1  of  section  2854  of  the
 education law, as amended by section 10-b of part A of chapter 56 of the
 laws of 2014, is amended to read as follows:
   (c)  A  charter  school  shall be subject to the financial audits, the
 audit procedures, and the audit requirements set forth in  the  charter,
 and  shall  be  subject to audits of the comptroller [of the city school
 district] of the city of New York AND THE COMPTROLLER OF  THE  STATE  OF
 NEW YORK for charter schools located in New York city, and to the audits
 of  the comptroller of the state of New York for charter schools located
 in the rest of the state, at his or her discretion, with respect to  the
 school's financial operations. Such AUDIT procedures and standards shall
 be  consistent  with  generally accepted accounting and audit standards.
 Independent fiscal audits shall be  required  at  least  once  annually.
 PRIOR  TO  CONDUCTING  AN  AUDIT OF A CHARTER SCHOOL LOCATED IN NEW YORK
 CITY, THE COMPTROLLER OF THE STATE OF  NEW  YORK  SHALL  COORDINATE  THE
 SCHEDULING  AND  PERFORMANCE  OF  SUCH AUDIT WITH THE COMPTROLLER OF THE
 CITY OF NEW YORK.
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05365-01-3

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