New York A07666 allows county comptrollers to audit projects and actions of industrial development agencies and not-for-profit corporations within.
New York A07666 amends the general municipal law to allow county comptrollers to conduct audits of projects and actions by industrial development agencies and not-for-profit corporations within their counties. In counties without a comptroller, the chief elected official must designate the budget or finance director to perform these audits. The bill specifies that industrial development agencies include public authorities defined in the public authorities law, and not-for-profit corporations include those affiliated with or created by local governments.
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- Legal Framework
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