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Bill > S07948


NY S07948

NY S07948
Directs the state comptroller to conduct an audit of monies allocated pursuant to the federal CARES Act, including but not limited to monies received by local governments, state agencies, school districts, small businesses, large corporations, and hospitals, and to publish the results of such audit.


summary

Introduced
01/04/2024
In Committee
01/04/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT in relation to directing the state comptroller to conduct an audit of monies allocated pursuant to the federal CARES Act and to publish the results of such audit; and providing for the repeal of such provisions upon expiration thereof

AI Summary

This bill directs the New York State Comptroller to conduct an audit of monies allocated to the state under the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020. The audit would examine how CARES Act funds were spent by local governments, state agencies, school districts, small businesses, large corporations, and hospitals in New York. The Comptroller must publish the results of the audit on their website and submit a copy to the state's legislative and executive leadership within one year of the bill's effective date. The bill would expire and be repealed on January 15, 2025.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

REFERRED TO FINANCE (on 01/04/2024)

bill text


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