Bill > A07086

This bill amends the New York Public Authorities Law to require the New York State Thruway Authority to submit biannual (twice per year) reports to the governor, legislature, comptroller, and budget director, instead of the previous annual reporting requirement. The reports must detail the authority's operations, fiscal transactions, financial condition, receipts, and expenditures for each six-month "covered period." The bill also adds a new requirement that these reports include a comprehensive list of all contracts entered into during that period. Under this legislation, the first report would cover a six-month period, providing more frequent and timely financial transparency about the Thruway Authority's activities. The bill will take effect on the first day of January following its enactment, ensuring that the new reporting requirements will start at the beginning of a calendar year.

Budget and Finance, Government Affairs

https://www.nysenate.gov/legislation/bills/2025/A7086