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NY S02262
NY S02262Restructures the not-for-profit contracting advisory committee; provides for the issuance of additional reports.
summary
Introduced
01/16/2025
01/16/2025
In Committee
01/07/2026
01/07/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the state finance law, in relation to the not-for-profit contracting advisory committee
AI Summary
This bill restructures the Not-for-Profit Contracting Advisory Committee by reducing the number of voting members from sixteen to seven while expanding its responsibilities and oversight capabilities. The committee will now consist of seven voting members (three appointed by the governor, one each recommended by the senate president and assembly speaker, and representatives from senate and assembly committees) and eight non-voting ex officio members from various state agencies. The bill significantly enhances the committee's functions, requiring it to meet quarterly and empowering it to provide independent advice to state leadership, monitor state agency compliance with contracting timelines, review grant management systems, receive feedback on procurement processes, and issue annual public reports by December 1st. Additionally, the bill includes a provision allowing the governor to dissolve and reconstitute the committee if it fails to comply with its mandated responsibilities. The goal appears to be improving transparency, efficiency, and oversight in state contracts with not-for-profit organizations by creating a more focused and accountable advisory committee.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
REFERRED TO FINANCE (on 01/07/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/S2262 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S02262&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S02262 |
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