New York Senate Bill 1322 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 28 2009 - 25% progression, died in chamber
Action: 2010-05-25 - ADVANCED TO THIRD READING
Text: Latest bill text (Introduced) [HTML]

Requires the state comptroller to adopt comprehensive investment guidelines which detail the department of audit and control's advisory policy and instructions to the chief executive and chief fiscal officers and the finance board, as may be appropriate, of each local government entity which shall include counties, cities, towns, villages, school districts and district corporations, within the meaning of that term as set out in subdivision three of S66 of the general construction law, or any other government subdivision of the state regarding the investing, monitoring and reporting of funds of the applicable local government entity; provides that such investment guidelines approved by the comptroller shall be annually submitted and reviewed by the legislature.

Requires the state comptroller to adopt comprehensive investment guidelines which detail the department of audit and control's advisory policy and instructions to the chief executive and chief fiscal officers and the finance board, as may be appropriate, of each local government entity which shall include counties, cities, towns, villages, school districts and district corporations, within the meaning of that term as set out in subdivision three of S66 of the general construction law, or any other government subdivision of the state regarding the investing, monitoring and reporting of funds of the applicable local government entity; provides that such investment guidelines approved by the comptroller shall be annually submitted and reviewed by the legislature.

Sen. Carl Kruger [D]

Sen. Antoine Thompson [D]

Date	Chamber	Action
2010-05-25		ADVANCED TO THIRD READING
2010-05-24		2ND REPORT CAL.
2010-05-18		1ST REPORT CAL.560
2010-01-06		REFERRED TO FINANCE
2009-01-28		REFERRED TO FINANCE

Type	Source
Summary	https://assembly.state.ny.us/leg/?default_fld=&bn=S01322&term=2009&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y
Text	https://assembly.state.ny.us/leg/?default_fld=&bn=S01322&term=2009&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S01322