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NY A05733

Bill

Status

Introduced

2/20/2025

Primary Sponsor

Alicia Hyndman

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Requires SUNY and CUNY trustees to submit annual reports by November 1st each year covering research foundations, campus foundations, and their subsidiaries in a standardized format developed by each chancellor

  • Mandates public posting of reports on university websites in machine-readable format, including audited financial statements following generally accepted accounting principles and any long-term liabilities

  • Requires disclosure of all contracts with amount, purpose, and vendor identifying information for each contract

  • Requires listing of all foundation and university employees by campus, department, and job location, including annual salaries, compensation, job titles, descriptions, and benefits

  • Exempts from disclosure information protected by state/federal statute, personal privacy, trade secrets, charitable donor records (unless donor transacts business with the entity within three years), and academic research that could adversely affect intellectual property rights

Legislative Description

Relates to reporting requirements of SUNY and CUNY; relates to financial information and identifying vendor information of each contract; relates to a list of all foundation and state university employees by campus, department and location including salaries, job titles and descriptions.

Last Action

referred to higher education

1/7/2026

Committee Referrals

Higher Education2/20/2025

Full Bill Text

No bill text available