Legislation

Search OpenLegislation Statutes
This entry was published on 2019-08-02
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 56
Reports
Private Housing Finance (PVH) CHAPTER 44-B, ARTICLE 3
* § 56. Reports. 1. The agency shall submit to the governor, the
chairman of the senate finance committee, the chairman of the assembly
ways and means committee, the comptroller and the director of the budget
within ninety days after the end of its fiscal year, a complete and
detailed report setting forth: (1) its operations and accomplishments;
(2) its receipts and expenditures during such fiscal year in accordance
with the categories or classifications established by the agency for its
operating and capital outlay purposes, including a listing of all
private consultants engaged by the agency on a contract basis and a
statement of the total amount paid to each such private consultant; (3)
its assets and liabilities at the end of its fiscal year, including a
schedule of its mortgage loans and commitments and the status of
reserve, special or other funds; and (4) a schedule of its bonds and
notes outstanding at the end of its fiscal year, together with a
statement of the amounts redeemed and incurred during such fiscal year.

2. The agency shall provide the commissioner of housing and community
renewal, on a timely basis, with the data and other information
necessary to compile the report or reports required pursuant to section
twenty of the public housing law.

* NB Effective until July 23, 2021

* § 56. Annual report. The agency shall submit to the governor, the
chairman of the senate finance committee, the chairman of the assembly
ways and means committee, the comptroller and the director of the budget
within ninety days after the end of its fiscal year, a complete and
detailed report setting forth: (1) its operations and accomplishments;
(2) its receipts and expenditures during such fiscal year in accordance
with the categories or classifications established by the agency for its
operating and capital outlay purposes, including a listing of all
private consultants engaged by the agency on a contract basis and a
statement of the total amount paid to each such private consultant; (3)
its assets and liabilities at the end of its fiscal year, including a
schedule of its mortgage loans and commitments and the status of
reserve, special or other funds; and (4) a schedule of its bonds and
notes outstanding at the end of its fiscal year, together with a
statement of the amounts redeemed and incurred during such fiscal year.

* NB Effective July 23, 2021