New York Assembly Bill A03142 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 3142 2025-2026 Regular Sessions  IN ASSEMBLY January 23, 2025 ___________ Introduced by M. of A. R. CARROLL, GONZALEZ-ROJAS, SIMONE, MITAYNES, GALLAGHER, SHRESTHA, SEPTIMO, SEAWRIGHT, CUNNINGHAM -- read once and referred to the Committee on Corporations, Authorities and Commissions AN ACT to amend the public authorities law, in relation to funds allo- cated to the independent authorities budget office The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision 3-a of section 2975 of the public authorities 2 law, as added by chapter 506 of the laws of 2009, is amended to read as 3 follows: 4 3-a. A direct portion of these funds shall be allocated to fund the 5 authorities budget office established by section four of this chapter. 6 Such allocation shall only be used for the direct expenses of the 7 authorities budget office and shall not include fringe benefits and 8 indirect costs. 9 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04318-01-5