Loading chat...

NY S08748

Bill

Official Source

Status

Introduced

1/8/2026

Primary Sponsor

Jeremy Cooney

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • Amends State Finance Law section 167 to allow state agency heads to donate personal property to 501(c)(3) not-for-profit organizations instead of disposing of it through other means
  • Eligible recipient organizations must be current on their annual filings to receive donated state property
  • Applies only to property with a fair market value below a threshold amount established by the commissioner
  • State agencies must retain records of all property dispositions, which remain subject to audit
  • Takes effect 180 days after becoming law

Legislative Description

Allows for the donation of personal property of the state to certain not-for-profit organizations that are up to date on annual filings.

Last Action

REFERRED TO FINANCE

1/8/2026

Committee Referrals

Finance1/8/2026

Full Bill Text

No bill text available