Bill > A07524

This bill establishes several measures aimed at increasing government transparency, accountability, and efficiency across multiple areas of state operations. Part A creates a Lump Sum Allocation Advisory Committee consisting of the director of the budget, comptroller, and attorney general, which will review and approve all lump sum appropriations to ensure no conflicts of interest exist. Part B requires greater transparency in budget appropriations, mandating that requests for funding include detailed information about the requestor and potential recipients, and prohibiting allocations with conflicts of interest. Part C directs the comptroller to withhold salaries of government officials if economic development agencies fail to meet reporting deadlines. Part D establishes a tax rate reduction board to study potential modifications to personal income and corporate franchise tax rates. Part E creates an economic development audit board to comprehensively review all state economic development programs, with the goal of potentially consolidating and streamlining these programs. Part F prohibits political contributions by appointees to committees overseeing lump sum appropriations, extending this restriction to household members and creating a one-year contribution prohibition period. Part G prevents state authorities from entering into third-party contracts that primarily serve as procurement conduits. The overall intent of the bill is to increase government accountability, reduce potential conflicts of interest, and create more transparent and efficient state funding processes.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A7524