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NY A06927
Bill
Status
Introduced
3/17/2009
Primary Sponsor
Robert Barra
Click for details
AI Summary
- Amends Public Authorities Law Section 51 to require state comptroller approval before the Public Authorities Control Board may approve any application
- Changes approval standard from a waiting period (7 days or receipt of comptroller comments) to requiring explicit comptroller approval on compliance with regulations and bond market assessment
- Requires the board to provide the state comptroller with a copy of each application within three days of receipt
- Allows authorized representatives of the state comptroller to fulfill the approval requirement
- Takes effect immediately upon enactment
Legislative Description
Requires the approval of the state comptroller on every application submitted to the public authorities control board.
Last Action
held for consideration in corporations, authorities and commissions
6/15/2010
Committee Referrals
Corporations, Authorities and Commissions3/17/2009
Full Bill Text
No bill text available