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NY S02324
Bill
Status
2/24/2025
Primary Sponsor
Leroy Comrie
Click for details
AI Summary
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Requires Comptroller and Attorney General approval for negotiated sales of public authority real property exceeding $250,000 fair market value to private entities
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Mandates Comptroller and Attorney General review of negotiated sales of unappropriated state lands exceeding $100,000 fair market value to private entities
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Contracts not approved or disapproved within 90 days of submission automatically become valid and enforceable
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Requires written notice to legislators in whose districts land is located before any transfer of state land between departments, agencies, or to public authorities/public benefit corporations
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Allows legislators to object within 30 days of notice, triggering review by the Budget Director and Secretary of State who must affirm or reverse within six months
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
2/9/2026