Establishes audits of state agency expenditures to recover overpayments and lost discounts.

New York A04412 amends the state finance law to establish audits of state agency expenditures to recover overpayments and lost discounts. The bill defines "overpayment" as including duplicate payments, payments without applied discounts, late payment penalties, incorrect shipping costs, state sales tax, or goods/services not provided. The comptroller must contract with consultants to conduct these audits, which must detect and recover overpayments and recommend improved accounting operations.

Establishes audits of state agency expenditures to recover overpayments and lost discounts.

New York A04412 amends the state finance law to establish audits of state agency expenditures to recover overpayments and lost discounts. The bill defines "overpayment" as including duplicate payments, payments without applied discounts, late payment penalties, incorrect shipping costs, state sales tax, or goods/services not provided. The comptroller must contract with consultants to conduct these audits, which must detect and recover overpayments and recommend improved accounting operations.