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NY S04861

NY S04861
Establishes the New York state youth sports initiative grants fund under the commissioner of children and family services.


summary

Introduced
02/13/2025
In Committee
02/13/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the state finance law, in relation to establishing the New York state youth sports initiative grants fund

AI Summary

This bill establishes the New York State Youth Sports Initiative Grants Fund, a special fund managed by the state comptroller and the commissioner of children and family services. The fund will receive money through appropriations, transfers, and potential grants or gifts, and will be used to provide financial support to eligible not-for-profit youth sports organizations. The commissioner of children and family services will select recipient organizations based on specific criteria they will establish. The bill requires the commissioner to submit an annual report to state leadership detailing the fund's financial operations, grant-making ability, potential expansion needs, and profiles of grant recipients. Additionally, the bill includes provisions to prevent fraud, stipulating that applicants who knowingly provide false information on grant applications may be subject to a civil penalty of up to $250. The commissioner is also authorized to create necessary rules and regulations to implement the fund. The act will take effect immediately upon passage, enabling the creation and initial funding of this youth sports initiative grants program.

Committee Categories

Budget and Finance

Sponsors (8)

Last Action

REFERRED TO FINANCE (on 02/13/2025)

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