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Bill > A10243
NY A10243
NY A10243Requires statements to be accompanied by a review performed in accordance with a statement on standards for accounting and review services.
summary
Introduced
02/12/2026
02/12/2026
In Committee
02/12/2026
02/12/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the social services law, in relation to adult care facility financial statements
AI Summary
This bill amends the Social Services Law concerning financial statements for adult care facilities by requiring that these statements be accompanied by a review performed in accordance with a statement on standards for accounting and review services, which is a set of guidelines for accountants. This replaces the previous requirement for an "opinion" from an independent licensed accountant, though the bill clarifies that the department can still require a full opinion if it deems it necessary. This change does not apply to facilities with a capacity of nine or fewer residents.
Committee Categories
Health and Social Services
Sponsors (1)
Last Action
referred to health (on 02/12/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A10243 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A10243&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A10243 |
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