Enacts the "truth in spending act" to create disclosure requirements prior to the allocation of certain funds.

The bill enacts the "truth in spending act" to create disclosure requirements prior to the allocation of certain funds. It mandates that funds include a brief description of the project to be funded and requires the governor or a member of the legislature to sign a conflict of interest form. Organizations seeking allocations must meet pre-certification standards established by the New York state attorney general. The bill also requires that appropriations be itemized and designated for specific grantees.

Enacts the "truth in spending act" to create disclosure requirements prior to the allocation of certain funds.

The bill enacts the "truth in spending act" to create disclosure requirements prior to the allocation of certain funds. It mandates that funds include a brief description of the project to be funded and requires the governor or a member of the legislature to sign a conflict of interest form. Organizations seeking allocations must meet pre-certification standards established by the New York state attorney general. The bill also requires that appropriations be itemized and designated for specific grantees.