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NY A10062
Bill
Status
3/14/2018
Primary Sponsor
Amy Paulin
Click for details
AI Summary
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Requires state authorities, local authorities, interstate or international authorities, and their affiliates or subsidiaries to report contracts to the comptroller before awarding any contract using appropriated monies
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Mandates reporting include the contractor's name, contract amount, contract purpose, and the name of the legislator who sponsored the appropriation or allocation of funds
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Requires a sworn statement signed under oath by the contractor's executive director or principal officer disclosing any financial interests held by the sponsoring legislator or their relatives in the contractor
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Defines "relative" as any person living in the same household, any direct descendant of the legislator's grandparents, or the spouse of such descendant
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Prohibits contracts from becoming effective until the required report is filed with the comptroller; takes effect immediately upon enactment
Legislative Description
Requires that prior to a contract with the state or other public entity being effective, a report must be filed with the comptroller disclosing financial interests.
Last Action
enacting clause stricken
10/26/2018