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Bill > A10741


NY A10741

NY A10741
Relates to provisions governing contracting between state agencies and not-for-profit organizations including new, renewal, and extension contracts.


summary

Introduced
03/27/2026
In Committee
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)

bill text


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