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New York policy

S1884: Requires state agencies to expend funds no later than ninety days after receipt of a certificate of approval from the director of the budget

NY Senate · Sponsor Mark Walczyk

Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
January 7, 2026

What it requires

Requires state agencies to expend funds no later than ninety days after receipt of a certificate of approval from the director of the budget; reduces the budget of an agency that violates such requirement for the upcoming fiscal year by 1% of the amount of the late award.

ny-statesenatelegislationbill

Official source ↗

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