New York A02016 requires the state comptroller to approve any attempt to privatize a public bus service by a locality.

New York A02016 amends the public authorities law to require the state comptroller's approval for any privatization contract of a public bus service. The bill mandates that the public transportation system must comply with several requirements before entering into a privatization contract. These include preparing a written statement detailing the services to be privatized, including employee benefits, and soliciting competitive bids. The comptroller has 30 days to object to the contract if the public transportation system fails to meet these requirements.

New York A02016 requires the state comptroller to approve any attempt to privatize a public bus service by a locality.

New York A02016 amends the public authorities law to require the state comptroller's approval for any privatization contract of a public bus service. The bill mandates that the public transportation system must comply with several requirements before entering into a privatization contract. These include preparing a written statement detailing the services to be privatized, including employee benefits, and soliciting competitive bids. The comptroller has 30 days to object to the contract if the public transportation system fails to meet these requirements.