A00506

Defines noncompliant state agency; provides for timelines and procedures for state agency contracts involving not-for-profit corporations.

Amends the state finance law to define a noncompliant state agency as one that fails to execute certain contracts within required time frames. Requires such agencies to submit monthly reports to the state comptroller detailing efforts to become compliant. Also mandates that agencies submit reports to the not-for-profit organizations they contract with, detailing unsubmitted contracts, reasons for non-submission, steps to submit, and estimated submission dates.