STATE OF NEW YORK ________________________________________________________________________ 573--A 2023-2024 Regular Sessions IN ASSEMBLY January 9, 2023 ___________ Introduced by M. of A. BURGOS -- read once and referred to the Committee on Corporations, Authorities and Commissions -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the public authorities law, in relation to requiring the New York state thruway authority to submit biannual reports of all fiscal transactions, receipts and expenditures The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 363 of the public authorities law, as amended by 2 chapter 766 of the laws of 1992, is amended to read as follows: 3 § 363. [Annual] Biannual report. (a) The authority shall submit to the 4 governor, to the legislature, to the comptroller and to the director of 5 the budget [on or before the first day of February of each year] biannu- 6 ally a detailed report setting forth its operations and fiscal trans- 7 actions during the [preceding calendar year] covered period with a 8 statement of its financial condition as of the end of such [year] 9 covered period and a statement of all receipts and expenditures during 10 such [year] covered period. Such report shall include detailed informa- 11 tion relating to additional expenditures incurred by the authority as a 12 result of the amendments made to subdivision four of section three 13 hundred fifty-nine of this [chapter] title pursuant to the chapter of 14 the laws of nineteen hundred ninety-two which enacted this sentence. 15 Additionally, such report shall include a list of any contract entered 16 into by such authority in the covered period. 17 (b) For the purposes of this section, "covered period" shall mean the 18 preceding six month period. 19 § 2. This act shall take effect January 1, 2024. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD00625-02-3