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Bill

Bill

S 2358

IRS Accountability and Taxpayer Protection Act

119th Congress Introduced by John Barrasso and 6 co-sponsors

Bill S 2358 creates a centralized database for New York's business contracts, enhancing transparency and accountability for state agencies, businesses, and the public.

Introduced in Senate
0
WeVote Research Nonpartisan
Bill Summary · S 2358

Summary of Bill S 2358: Establishes the New York State Business Contract Database

Purpose and Intent

Bill S 2358 aims to create a comprehensive database for business contracts within the state of New York. The primary goal of this legislation is to enhance transparency and accountability in government contracting processes. By establishing a centralized database, the bill seeks to provide easier access to information regarding contracts awarded by state agencies, thereby promoting fair competition and informed public oversight.

Key Provisions

  • Creation of a Business Contract Database: The bill mandates the establishment of a state-run database that will catalog all business contracts entered into by state agencies.
  • Accessibility: The database will be designed to be user-friendly, allowing the public, businesses, and government officials to easily access contract information.
  • Data Requirements: The database will include essential details such as:
    • Contract amounts
    • Parties involved
    • Duration of contracts
    • Purpose of the contracts
    • Any amendments or modifications made to the contracts
  • Reporting and Compliance: State agencies will be required to report contract information to the database within a specified timeframe after a contract is awarded.

Who Would Be Affected

  • State Agencies: All state agencies that enter into contracts will need to comply with the reporting requirements set forth in the bill.
  • Businesses: Companies seeking to do business with the state will benefit from increased transparency, allowing them to make informed decisions based on available contract data.
  • Public and Advocacy Groups: Citizens and organizations focused on government accountability will have greater access to information, enabling them to monitor state spending and contract practices.

Procedural Aspects

  • Introduced Date: The bill was introduced on January 16, 2025.
  • Current Status: As of the latest update, the bill has been referred to the Elections Committee for further consideration.
  • Related Legislation: This bill is part of a broader legislative effort, with several related bills from prior sessions, including:
    • S 2199
    • S 1163
    • S 507
    • S 4135
    • S 986

Conclusion

Bill S 2358 represents a significant step towards enhancing transparency in New York's government contracting processes. By establishing a centralized business contract database, the legislation aims to foster accountability and ensure that public resources are managed effectively. As the bill progresses through the legislative process, its potential impact on state contracting practices and public oversight will be closely monitored.

Compiled from official sources — confirm details with the bill’s official record.

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