New York A04737 mandates the state and NYC comptrollers to analyze the return on investment for specific economic development programs and projects.
New York A04737 requires the state comptroller and the NYC comptroller to analyze the return on investment for certain economic development programs and projects. The state comptroller must analyze existing urban development projects within five years and future projects thereafter. The NYC comptroller must analyze projects every five years. Agencies must consult with the state comptroller for return on investment analyses. The NYC comptroller must also prepare cost-benefit analyses for covered contracts. This act aims to ensure transparency and efficiency in economic development initiatives.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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