Bill Text: NY S03387 | 2023-2024 | General Assembly | Introduced
Bill Title: Enacts the online revenues and expenditures transparency act to provide for the development of a single, searchable budget database website accessible to the public, at no cost.
Spectrum: Slight Partisan Bill (Democrat 6-2)
Status: (Engrossed) 2024-05-29 - referred to governmental operations [S03387 Detail]
Download: New_York-2023-S03387-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 3387 2023-2024 Regular Sessions IN SENATE January 31, 2023 ___________ Introduced by Sens. KRUEGER, ADDABBO, LIU, MANNION, MAY, O'MARA, SERRANO -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Revenue AN ACT to amend the executive law, in relation to enacting the online revenues and expenditures transparency act The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The executive law is amended by adding a new section 184 to 2 read as follows: 3 § 184. Online revenues and expenditures transparency act. 1. Defi- 4 nitions. As used in this section: 5 (a) "Searchable budget database website" shall mean a website that 6 allows the public at no cost to search for, obtain, and aggregate the 7 information identified in this section. 8 (b) "Entity" and/or "recipient" shall mean any corporation, associ- 9 ation, limited liability company, limited liability partnership, or any 10 other legal business entity. It shall also include any grantee or 11 subgrantee, contractor or subcontractor, county, city or other local 12 government entity. It shall not include any individual recipient of 13 state assistance. 14 (c) "Agency" shall mean any state department, office, board, commis- 15 sion, bureau, division, institution, or institution of higher education. 16 "Agency" specifically includes any authority created by an act of the 17 state legislature, including those authorities not receiving state tax 18 revenue. This includes individual state agencies and programs, as well 19 as those programs and activities that cross agency lines, and also 20 includes all elective offices in the executive branch of government and 21 the legislature. 22 (d) "Funding source" shall mean the state account from which the 23 expenditure is appropriated. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD03707-01-3S. 3387 2 1 (e) "Funding action or expenditure" shall include details on the type 2 of spending, both appropriated expenditures, such as grants, contracts, 3 and appropriations, and tax expenditures, as defined by section one 4 hundred eighty-one of this article. Where possible, a hyperlink to the 5 actual grants or contracts shall be provided. 6 (f) "Expected outcome" shall include, in relation to corporate subsi- 7 dies including tax exemptions, credits, direct grants, or infrastructure 8 assistance, the number and quality of jobs to be created or retained, 9 including wages and benefits, the date the job goals will be reached, 10 the estimated increase to the state tax base, and whether the funded 11 project involves the relocation of jobs and if so how many and from 12 where. 13 (g) "Final outcome" shall include, in relation to corporate subsidies, 14 including tax exemptions, credits, direct grants, or infrastructure 15 assistance, the number and quality of jobs actually created or retained, 16 including wages and benefits, and the actual increase to the state tax 17 base for the fiscal year in which benefit was given. The outcomes 18 achieved shall also include any money recaptured from corporate subsidy 19 recipients for failure to meet expected performance outcomes. 20 (h) "State audit or report" shall include any audit or report issued 21 by the comptroller, attorney general, agency, legislative auditor, 22 legislative committee, or executive body relating to the past or current 23 performance of the entity or recipient of funds or the budget 24 program/activity or agency which the director of the budget deems as 25 relevant. 26 2. No later than January first, two thousand twenty-five, the director 27 of the office for technology, in collaboration with the director of the 28 budget, shall develop a single, searchable budget database website 29 accessible by the public at no cost, that includes: 30 (a) Annual state expenditures or funding actions provided to any enti- 31 ty, recipient or agency, as determined by the director of the budget 32 including the name and location of any such entity, recipient or agency, 33 the funding source, the amount of funds appropriated including tax 34 expenditures or other subsidies, the funding agency or authority, and a 35 description of the purpose of the funding action or expenditure. If the 36 funding action or expenditure is a tax expenditure, information about 37 the expected outcome of such tax expenditure shall be included and 38 information concerning the final outcome shall be provided within thirty 39 days from when it is reported to the appropriate state agency; 40 (b) Bond debt payments and debt service including, but not limited to, 41 amounts of bond interest paid and sources of funds paid for individual 42 bond issues; 43 (c) Local aid to cities and towns including, but not limited to, 44 amounts paid to individual units of government for individually iden- 45 tifiable aid programs; 46 (d) Annual revenues, as determined by the director of the budget which 47 shall include, but not be limited to: 48 (i) receipts or deposits by any agency into funds established within 49 the state treasury; 50 (ii) tax revenue received; 51 (iii) agency earnings including, but not limited to, amounts collected 52 by each agency for merchandise sold, services performed, licenses and 53 permits issued, or regulation; 54 (iv) revenue for the use of money and property including, but not 55 limited to, amounts received for compensation for the use of state-owned 56 money and property;S. 3387 3 1 (v) gifts, donations and federal grants including, but not limited to, 2 amounts received from public and private entities to aid in support of a 3 specific function or other governmental activity; and 4 (vi) other revenue including, but not limited to, receipts not classi- 5 fied elsewhere. 6 (e) Annual bonded indebtedness which shall include, but not be limited 7 to, the amount of the total original obligation stated in terms of prin- 8 cipal and interest, the term of the obligation, the source of funding 9 for repayment of the obligation, the amounts of principal and interest 10 previously paid to reduce the obligation, the balance remaining of the 11 obligation, any refinancing of the obligation, and the cited statutory 12 authority to issue such bonds. 13 (f) A link to any state audit or report. 14 (g) Any other relevant information specified by the director of the 15 budget. 16 3. No later than February first, two thousand twenty-five, the direc- 17 tor of the budget shall put into operation the searchable budget data- 18 base website. 19 4. The searchable budget database website shall retain information for 20 each fiscal year on the single website for not less than ten years and 21 shall include data for the most recent fiscal years. 22 5. The director of the budget shall update the searchable budget data- 23 base website as new data becomes available to him or her. All agencies 24 shall provide to the director of the budget all data that is required to 25 be included in the searchable budget database website not later than 26 thirty days after the data becomes available to the agency. The director 27 of the budget shall provide guidance to agency heads to ensure compli- 28 ance with this section. 29 6. Nothing in this section shall permit or require the listing of 30 individual businesses' tax liability, profits, sales or losses. 31 7. The director of the budget and the director of the office for tech- 32 nology shall not be considered in compliance with this section if the 33 data required for the searchable budget database website is not avail- 34 able in a searchable and aggregate manner or if the public is redirected 35 by the searchable budget database website to other government websites, 36 unless each of those websites complies with the requirements of this 37 section. 38 § 2. This act shall take effect on the ninetieth day after it shall 39 have become a law.