Bill Text: NY S03990 | 2017-2018 | General Assembly | Introduced
Bill Title: Relates to the approval of certain public authorities contracts by the state comptroller.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2018-06-20 - COMMITTED TO RULES [S03990 Detail]
Download: New_York-2017-S03990-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 3990 2017-2018 Regular Sessions IN SENATE January 31, 2017 ___________ Introduced by Sen. RANZENHOFER -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Author- ities and Commissions AN ACT to amend the public authorities law, in relation to the approval of certain public authorities contracts by the state comptroller The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 1 of section 2879-a of the public authorities 2 law, as added by chapter 506 of the laws of 2009, is amended to read as 3 follows: 4 1. Except as set forth in subdivision three of this section, where the 5 comptroller determines pursuant to his or her authority to supervise the 6 accounts of public corporations, that contracts or categories of 7 contracts in excess of one million dollars [(a)] to be awarded by a 8 state authority [to a single source, a sole source or pursuant to any9other method of procurement that is not competitive, or (b) which are to10be paid in whole or in part from monies appropriated by the state to a11state authority for such contractual expenditure,] require supervision 12 in the form of prior review and approval of such contracts, and the 13 comptroller so notifies such authority of such determination, then any 14 such contract entered into subsequent to such notification shall be 15 submitted to the comptroller for his or her approval and shall not be a 16 valid enforceable contract unless it shall first have been approved by 17 the comptroller. Such notification shall identify the process for 18 submission, the categories of contracts at issue and the time period for 19 which such submission is to take place. The comptroller shall promulgate 20 such rules and regulations as may be necessary to carry out his or her 21 responsibilities under this section, including but not limited to the 22 standards for determining which contracts will be subject to his or her 23 review and for approving such contracts. 24 § 2. This act shall take effect on the sixtieth day after it shall 25 have become a law. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD01723-01-7