Bill Text: NY A02650 | 2021-2022 | General Assembly | Amended
Bill Title: Relates to creating annual reporting obligations by municipal housing authorities to the authorities budget office with respect to state-funded activities of such municipal housing authorities.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2022-05-18 - print number 2650a [A02650 Detail]
Download: New_York-2021-A02650-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 2650--A 2021-2022 Regular Sessions IN ASSEMBLY January 19, 2021 ___________ Introduced by M. of A. HYNDMAN -- read once and referred to the Commit- tee on Corporations, Authorities and Commissions -- recommitted to the Committee on Corporations, Authorities and Commissions in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the public authorities law, in relation to creating annual reporting obligations by municipal housing authorities to the authorities budget office with respect to state-funded activities of such municipal housing authorities The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 2801 of the public authorities law is amended by 2 adding a new subdivision 4 to read as follows: 3 (4) Municipal housing authorities. For the municipal housing authori- 4 ty fiscal year ending in the calendar year following the calendar year 5 of the effective date of this subdivision, and annually thereafter, 6 every municipal housing authority created by the public housing law 7 shall submit to the chief executive officer, the chief fiscal officer, 8 and the authorities budget office for their information, annually not 9 more than ninety days and not less than sixty days before the commence- 10 ment of its fiscal year, in the form submitted to its board, budget 11 information on operations and capital construction setting forth the 12 estimated receipts and expenditures for the next fiscal year and the 13 current fiscal year, and the actual receipts and expenditures for the 14 last completed fiscal year, for all projects and activities funded in 15 whole or in part by the state. 16 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD06744-03-1