Clarifies the application of accountability standards, open meetings law, and freedom of information requirements to local development corporations.

New York State Senate Bill S00622 amends the public authorities law to clarify the application of accountability standards, open meetings law, and freedom of information requirements to local development corporations. The bill specifies that local authorities must submit annual reports to the chief executive officer, chief fiscal officer, and the legislative body of the local government. These reports must include details such as the authority's operations, financial plans, and descriptions of major units and employees.

Clarifies the application of accountability standards, open meetings law, and freedom of information requirements to local development corporations.

New York State Senate Bill S00622 amends the public authorities law to clarify the application of accountability standards, open meetings law, and freedom of information requirements to local development corporations. The bill specifies that local authorities must submit annual reports to the chief executive officer, chief fiscal officer, and the legislative body of the local government. These reports must include details such as the authority's operations, financial plans, and descriptions of major units and employees.