Bill > S07424

This bill modifies state finance law to establish two key provisions for state-funded programs at the State University of New York (SUNY). First, the bill mandates that any state-sponsored SUNY program funded by a state agency must be reimbursed at a minimum of 26% of the direct costs for expenses not otherwise allowable as a direct charge. Second, the bill allows state agencies to award sole source contracts directly to the Research Foundation of the State University of New York when the agency determines that SUNY's operation of a sponsored program would create administrative efficiencies, cost savings, or produce superior program results compared to a traditional request for proposals process. The bill takes effect immediately and applies to contracts awarded on or after its effective date, with the goal of providing more flexible and potentially more cost-effective funding mechanisms for state-sponsored SUNY programs.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S7424