Bill > S08748

This bill amends the state finance law to allow state agencies to donate personal property, excluding vehicles, to not-for-profit organizations that are current with their annual filings. Previously, state agencies had several options for disposing of property, such as selling it, reusing it within the agency, trading it in for new items, or transferring it to the office of general services for reuse or other disposition. This new provision adds donating property to eligible 501(c)(3) organizations, which are non-profit organizations recognized by the IRS, as another option, particularly for property with a fair market value below a certain threshold. The bill specifies that these organizations must be up-to-date on their annual filings, ensuring they are active and compliant. This change aims to facilitate the transfer of useful state property to organizations that can benefit from it, while maintaining accountability through the requirement of up-to-date filings.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S8748