Bill
A 5681
Overview: Bill Number: A 5681, Title: Relates to the powers, functions and duties of the New York state public authorities control board, Status: REFERRED TO CORPORATIONS, AUTHORIT
Overview: Bill Number: A 5681, Title: Relates to the powers, functions and duties of the New York state public authorities control board, Status: REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS, Introduced: May 15, 2025
Purpose and Intent: This bill aims to modify the powers and responsibilities of the New York State Public Authorities Control Board (PACB), which oversees the activities of various public authorities in the state.
Key Provisions:
- Expands the PACB's review and approval authority to include a wider range of public authority projects and actions, such as:
- Approval of public authority budgets and financial plans
- Review of public authority contracts and procurement decisions
- Oversight of public authority debt issuance and capital projects
- Requires the PACB to hold public hearings and solicit input from affected stakeholders before approving certain actions.
- Grants the PACB the power to reject or modify proposed public authority actions that it deems inappropriate or inconsistent with state policies.
Affected Parties and Impacts:
- Public authorities in New York, including entities responsible for infrastructure, economic development, and other public services, will be subject to increased PACB oversight and approval requirements.
- Taxpayers and the general public may benefit from greater transparency and accountability in the operations of public authorities.
Procedural and Timeline Considerations:
The bill has been referred to the Corporations, Authorities and Commissions Committee for further consideration. If enacted, the expanded PACB powers would take effect immediately.
Compiled from official sources — confirm details with the bill’s official record.
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