S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7948
 
                             I N  S E N A T E
 
                              January 4, 2024
                                ___________
 
 Introduced  by  Sen.  PARKER -- read twice and ordered printed, and when
   printed to be committed to the Committee on Finance
 
 AN ACT in relation to directing the  state  comptroller  to  conduct  an
   audit  of  monies  allocated  pursuant to the federal CARES Act and to
   publish the results of such audit; and providing  for  the  repeal  of
   such provisions upon expiration thereof

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. 1. The state comptroller shall  conduct  an  audit  of  any
 monies  allocated to the state by the United States department of treas-
 ury pursuant to the federal Coronavirus Aid, Relief, and Economic  Secu-
 rity  (CARES)  Act  of  2020 (P.L. 116-136). The state comptroller shall
 review all expenditures proposed and approved within the state  pursuant
 to  the CARES Act.  Such review shall include, but not be limited to, an
 examination of:
   (a) Which local governments received direct aid pursuant to the  Coro-
 navirus Aid, Relief, and Economic Security (CARES) Act of 2020, how much
 direct  aid  was  received, and how such aid was spent within such local
 governments;
   (b) Which state agencies received funding pursuant to the  Coronavirus
 Aid, Relief, and Economic Security (CARES) Act of 2020, how much funding
 was received, and how such funding was spent within such state agencies;
   (c)  Which school districts received funding pursuant to the Coronavi-
 rus Aid, Relief, and Economic Security (CARES) Act  of  2020,  how  much
 funding  was received, and how such funding was spent within such school
 districts;
   (d) Which small businesses received funding pursuant to the  Coronavi-
 rus  Aid,  Relief,  and  Economic Security (CARES) Act of 2020, how much
 funding was received, and how such funding was spent by such businesses;
   (e) Which large corporations within the state or with locations within
 the state received funding pursuant to the Coronavirus Aid, Relief,  and
 Economic  Security  (CARES)  Act of 2020, how much funding was received,
 and how such funding was spent by such corporations or by such  location
 of such corporations within the state;
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD11835-01-3
 S. 7948                             2
 
   (f)  Which  hospitals,  including  both  private and public hospitals,
 received funding pursuant to the Coronavirus Aid, Relief,  and  Economic
 Security  (CARES)  Act  of  2020, how much funding was received, and how
 such funding was spent by such hospitals; and
   (g) Any other funding received by any entity within the state pursuant
 to  the  Coronavirus  Aid,  Relief, and Economic Security (CARES) Act of
 2020, how much funding was received, and how such funding was  spent  by
 any such entity.
   2. The comptroller may request proposals from independent auditors for
 the  purpose  of fulfilling the provisions of this section. The requests
 for proposals shall include a reference to the requirements  for  audits
 conducted  pursuant to this act. Any independent auditor selected by the
 comptroller shall be selected in accordance with a competitive procedure
 including an evaluation, based on quality and price  factors,  of  those
 proposals received in response to such requests for proposals.
   3.  Within one year of the effective date of this act, the comptroller
 shall publish the results of the audit required under subdivision one of
 this section publicly on the comptroller's website, along with  a  brief
 description  of  the  results  thereof,  and  shall submit a copy to the
 governor, the temporary president of the  senate,  the  speaker  of  the
 assembly,  the chairs and ranking minority members of the senate finance
 committee and the assembly ways and means committee.
   § 2. This act shall take effect immediately and shall  expire  and  be
 deemed repealed January 15, 2025.