Bill
Bill > A10741
NY A10741
NY A10741Relates to provisions governing contracting between state agencies and not-for-profit organizations including new, renewal, and extension contracts.
summary
Introduced
03/27/2026
03/27/2026
In Committee
03/27/2026
03/27/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the state finance law, in relation to contracting between state agencies and not-for-profit organizations
AI Summary
This bill aims to improve the contracting process between state agencies and not-for-profit organizations by clarifying definitions, streamlining procedures, and enhancing financial support mechanisms. It expands the definition of a "renewal contract" to include new contracts for similar services previously provided under an existing agreement, ensuring continuity of essential services. The bill also mandates that "written directives," which authorize organizations to begin or continue services before a contract is finalized, must include clear schedules for invoice submissions and payment dates, and provide information on accessing the "not-for-profit short-term revolving loan fund" (a fund offering short-term, interest-free loans to eligible organizations). Furthermore, it requires state agencies to provide a payment schedule for work performed when issuing written directives and shortens the timeframes for the Attorney General and Comptroller to approve contracts. The bill also modifies the "not-for-profit short-term revolving loan fund" to allow loans up to the full payment of the subject contract, and clarifies that organizations receiving loans are not ineligible for advance payments for the loan amount. Finally, it strengthens the advisory committee's role by requiring them to actively comment and report on the loan fund and other contracting improvements, and mandates that their reports be made public and posted online.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
referred to governmental operations (on 03/27/2026)
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/A10741 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A10741&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A10741 |
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