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Bill

Bill

S 3753

Requires the empire state development corporation to establish an office of accountability and compliance

2025 Regular Session Introduced by Cordell Cleare

Establishes an internal Office of Accountability and Compliance within the Empire State Development Corporation to oversee audits, compliance, and program transparency.

REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS
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Bill Summary · S 3753

Summary of Bill S 3753: Requires the Empire State Development Corporation to establish an Office of Accountability and Compliance

Overview

Bill S 3753 would require the Empire State Development Corporation (the state economic development entity) to establish an internal Office of Accountability and Compliance. The bill was introduced on January 29, 2025 and referred to the Committee on Commerce, Economic Development and Small Business.

Purpose and Intent

  • The title indicates the primary aim is to create a dedicated unit within the Empire State Development Corporation to oversee accountability and compliance.
  • Specific objectives, authority, and methods (e.g., scope of oversight, reporting requirements, independence, enforcement mechanisms) would be defined in the bill’s text. The provided information does not include those details.

Key Provisions (as indicated by the bill’s title)

  • Establishment of an Office of Accountability and Compliance within the Empire State Development Corporation.
  • The exact duties, powers, reporting structure, staffing, funding, and performance metrics are not listed in the provided summary. Full text would specify:
    • Roles and responsibilities of the office (e.g., internal audits, compliance oversight, monitoring of grant and incentive programs, procurement review).
    • How the office interacts with existing internal controls, external auditors, and state oversight bodies.
    • Reporting requirements (to which entities, and with what frequency).
    • Appointment process and qualifications for the office director.
    • Funding and budgetary provisions.

Affected Parties and Impacts

  • Primary: Empire State Development Corporation and its programs, employees, contractors, and grant/incentive recipients.
  • Potentially broader impacts on vendor compliance, public transparency, and program governance.
  • Public accountability: increased oversight could affect how programs are administered and monitored.

Procedural and Timeline Aspects

  • Introduced: January 29, 2025.
  • Status: Referred to the Committee on Commerce, Economic Development and Small Business.
  • No further legislative actions are listed in the provided information.
  • Related legislation: S 9572 (prior-session) suggests there may be related or predecessor proposals addressing accountability or governance within the agency.

Next Steps and Resources

  • To fully assess the bill’s impact, obtain the bill’s full text and any fiscal notes or analyses.
  • Review committee reports, hearings, and amendments once they become available.
  • Compare with S 9572 and any related bills to understand continuity or changes in governance proposals for the Empire State Development Corporation.

If you’d like, I can format this into a one-page briefing or compare it with the related S 9572 once the full texts are available.

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

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