New York Senate Bill 2377: Prohibits the formation of a subsidiary of a public authority without prior approval of the legislature

New York · 2025-2026 session

Status: In committee

What it does

Prohibits the formation of a subsidiary of a public authority without prior approval of the legislature; allows the formation of a subsidiary of a public authority without prior approval of the legislature if such public authority files a written notice sixty days prior to the organization of such subsidiary with the governor and the legislature.

Latest action

REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS (2026-06-04)

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