Prohibits confidentiality and non-disclosure provisions from inclusion in contracts pertaining to economic development, entered into by the state or a municipality or any party negotiating on behalf of such governmental entity.
Summary
Bill S00373 seeks to amend various laws related to economic development in New York by prohibiting the inclusion of confidentiality and non-disclosure provisions in contracts entered into by the state, municipalities, and public authorities. This includes agreements related to tax incentives, payments in lieu of taxes, tax abatements, and other financial arrangements. The bill aims to enhance transparency in government contracts and ensure that the terms of such agreements are publicly accessible and subject to public discussion.
Impact
The passage of this bill will significantly alter the landscape of economic development contracts in New York by mandating that all agreements be transparent and publicly disclosed. This change will affect state laws including the urban development corporation act, state finance law, general municipal law, and economic development law. As a result, municipalities and public authorities will no longer be able to shield the terms of their contracts from public scrutiny, potentially leading to increased accountability in the use of public funds.
Sentiment
The sentiment surrounding Bill S00373 appears to be overwhelmingly positive, as evidenced by the unanimous support it received in committee and on the Senate floor during multiple voting sessions. The lack of dissenting votes suggests a strong consensus among legislators regarding the importance of transparency in government dealings, particularly in economic development.
Contention
While the bill has garnered broad support, there may be concerns from certain stakeholders, such as private entities that engage in contracts with the state or municipalities. These parties might argue that the prohibition on confidentiality could deter them from entering into agreements, fearing that sensitive business information could be publicly disclosed. However, no specific opposition has been documented in the available discussions or voting records.
Same As
Prohibits confidentiality and non-disclosure provisions from inclusion in contracts pertaining to economic development, entered into by the state or a municipality or any party negotiating on behalf of such governmental entity.
Prohibits confidentiality and non-disclosure provisions from inclusion in contracts pertaining to economic development, entered into by the state or a municipality or any party negotiating on behalf of such governmental entity.
Prohibits confidentiality and non-disclosure provisions from inclusion in contracts pertaining to economic development, entered into by the state or a municipality or any party negotiating on behalf of such governmental entity.
Prohibits confidentiality and non-disclosure provisions from inclusion in contracts pertaining to economic development, entered into by the state or a municipality or any party negotiating on behalf of such governmental entity.
Municipalities prohibited from entering into nondisclosure agreements or contracts that restrict the municipality from disclosing information about projects using public funding.
Modifies use of cooperative purchasing agreements by certain public contracting units for construction services; prohibits time-and-materials contracts in certain circumstances; allows indefinite delivery, indefinite quantity public contracts in certain circumstances.
Modifies use of cooperative purchasing agreements by certain public contracting units for construction services; prohibits time-and-materials contracts in certain circumstances; allows indefinite delivery, indefinite quantity public contracts in certain circumstances.