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NY A10243
Bill
Status
Introduced
2/12/2026
Primary Sponsor
Amy Paulin
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AI Summary
- Amends New York Social Services Law section 461-e regarding financial statement requirements for adult care facilities
- Replaces the current requirement for an accountant's "opinion" with a "review performed in accordance with a statement on standards for accounting and review services" (SSARS)
- Maintains the exemption from review requirements for facilities with a capacity of nine or fewer residents
- Preserves the Department's authority to require a full accountant's opinion when it determines such opinion is required and necessary
- Takes effect immediately upon enactment
Legislative Description
Requires statements to be accompanied by a review performed in accordance with a statement on standards for accounting and review services.
Last Action
referred to health
2/12/2026
Committee Referrals
Health2/12/2026
Full Bill Text
No bill text available