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NY A05009

Bill

Status

Introduced

2/10/2025

Primary Sponsor

Stefani Zinerman

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Requires negotiated contracts for public authority disposal of real property exceeding $250,000 in fair market value to private entities to receive prior approval from both the Comptroller and Attorney General before becoming valid and enforceable

  • Requires negotiated contracts for disposal of unappropriated state lands exceeding $100,000 in fair market value to private entities to receive prior approval from both the Comptroller and Attorney General

  • Contracts automatically become valid and enforceable if the Comptroller and Attorney General do not approve or disapprove within 90 days of submission

  • Mandates written notice to each state legislator whose district contains land proposed for transfer between state departments, agencies, or to public authorities, with a 30-day window for objections

  • If a legislator objects to a proposed land transfer, the Director of the Budget and Secretary of State must review and affirm or reverse the action within six months, with their decision being final

Legislative Description

Relates to the sale or transfer of certain real property by the state or public authorities; requires mandatory review by the attorney general and comptroller of the sale of certain real property; requires notice to members of the legislature and county executives in districts and counties in which land subject to transfer is located of the proposed transfer of state property between state departments, divisions, bureaus, agencies, state agencies, or to a public authority or public benefit corporation.

Last Action

referred to governmental operations

1/7/2026

Committee Referrals

Governmental Operations2/10/2025

Full Bill Text

No bill text available