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Investors Ask SEC to Reject Exxon's Attempt to Silence Questions on Climate Change
… plan to block a shareholder proposal for information on how the company will be impacted by public policies seeking … to reduce emissions and what the company plans to do about it.” Edward Mason, Head of Responsible Investment for the … fare were warming to be restricted to 2 degrees Celsius is widely shared in the institutional investor community. It …
https://www.osc.ny.gov/press/releases/2016/02/investors-ask-sec-reject-exxons-attempt-silence-questions-climate-changeBuffalo Business Delivers $9 Million Investment Gain To The State Pension Fund
… AccuMED, a manufacturer located in Buffalo, has generated an estimated $9 million investment gain for the New York State Common Retirement Fund, New York State Comptroller Thomas P. … in businesses across the state have returned hundreds of millions of dollars to the state pension fund and created …
https://www.osc.ny.gov/press/releases/2014/12/buffalo-business-delivers-9-million-investment-gain-state-pension-fundDiNapoli: Pharma Company Agrees To Bar Its Drugs From Use In State Executions
… New York State Comptroller Thomas P. DiNapoli announced that in … and is asking any states that might have its products on hand for such purposes to return them. The company … State Common Retirement Fund is the third largest public pension fund in the United States with assets of $176.8 …
https://www.osc.ny.gov/press/releases/2015/03/dinapoli-pharma-company-agrees-bar-its-drugs-use-state-executionsDiNapoli Statement on Amazon's Agreement to Conduct an Independent Racial Equity Audit
… New York State Comptroller Thomas P. DiNapoli issued the following … agreement to conduct and publicly release an independent racial equity audit, led by former U.S. Attorney General Loretta Lynch, that will look into “disparate racial impacts” from its employment practices on its hourly …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-statement-amazons-agreement-conduct-independent-racial-equity-auditXIII.6 Potential Tax Consequences of Assigning an Incorrect Official Station – XIII. Employee Expense Reimbursement
… likely incur substantial tax liabilities with respect to reimbursement of travel expenses. This tax liability can also … tax consequences resulting from such designation. Travel Reimbursement As used in this section, “reimbursement” is intended to include: Travel expenses paid …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii6-potential-tax-consequences-assigning-incorrect-official-stationCity of Yonkers – Procurement of Professional Services (2017M-268)
… Purpose of Audit The purpose of our audit was to determine whether officials sought competition when procuring professional services for the period July 1, … justification when seeking competition will not be in the best interest of taxpayers. … City of Yonkers Procurement of …
https://www.osc.ny.gov/local-government/audits/city/2018/02/23/city-yonkers-procurement-professional-services-2017m-268XII.4.F Proper Invoice – XII. Expenditures
… number, if applicable, as provided by ordering agency. When an invoice does not contain the above information, … agencies must reject the invoice. Moreover, it is a best practice to notify the vendor within one business day of identifying …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii4f-proper-invoiceDiNapoli: Local Sales Tax Collections Up 20% in Third Quarter
… up $861 million (20%) from the same period last year and continuing the trend of exceeding pre-pandemic levels, … changing economic conditions as supply chain shortages and workforce disruptions may impact growth.” Statewide, … period marked the fifth quarter in a row that county and city sales tax receipts met or exceeded 2019 pre-pandemic …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-local-sales-tax-collections-20-third-quarterDiNapoli: Local Sales Tax Growth Slows During First Half of 2019
… early quarters of 2018, according to a report released today by State Comptroller Thomas P. DiNapoli. “Rising sales … early quarters of 2018 according to a report released today by State Comptroller Thomas P DiNapoli …
https://www.osc.ny.gov/press/releases/2019/07/dinapoli-local-sales-tax-growth-slows-during-first-half-2019DiNapoli: Audit Reveals Hiring and Budgeting Problems in Brentwood School District
… actions that ignored district policy, most notably in the search for a new superintendent. “This audit revealed … expenditures during a three-year period, resulting in an accumulation of excess fund balance. For fiscal years … the school board appropriated a total of $60.8 million in fund balance to finance operations. The district, however, …
https://www.osc.ny.gov/press/releases/2016/11/dinapoli-audit-reveals-hiring-and-budgeting-problems-brentwood-school-districtDiNapoli: FirstEnergy Corp. Agrees to Disclose Its Political Spending
… process and it is important investors know how that money is being spent,” DiNapoli said. “This is a positive … funded plans in the nation. Find out how your government money is spent at Open Book New York . Track municipal …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-firstenergy-corp-agrees-disclose-its-political-spendingGuide to Domestic Relations Orders – Divorce and Your Benefits
… are considered marital property and may be divided when a marriage ends Guide to Domestic Relations Orders Introduction …
https://www.osc.ny.gov/retirement/members/divorce/guide-domestic-relations-ordersUpstate New York Company Delivers $450,000 Investment Gain To The State Pension Fund
… local economies. Our program continues to serve as a model for public pension funds around the country looking to … in the company through Trillium Group, a managing partner for the In-State Program, in 2010 ($500,000) and in 2009 … within the region," said Kevin Phelps, general partner for Trillium Group. The In-State Private Equity Investment …
https://www.osc.ny.gov/press/releases/2015/02/upstate-new-york-company-delivers-450000-investment-gain-state-pension-fundDiNapoli: NYS Pension Fund Commits $50 Million to NY Small Business Investment Fund
… The New York State Common Retirement Fund has committed $50 million to a private equity fund managed by Hamilton Lane … DiNapoli, trustee of the Fund, announced today. “The state pension fund continues to help New York’s small businesses … significant operations in the state. The fund, managed under the SBIC program established by the US Small Business …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-nys-pension-fund-commits-50-million-ny-small-business-investment-fundDiNapoli: January Tax Collections Fall Short
… million higher than initial projections in April 2014. All Funds receipts totaled $120.7 billion through January, $746.7 … were $117.5 million below the latest projections. All Funds spending of $112.2 billion through Jan. 31 was $264.7 … focuses primarily on the General Fund and All Governmental Funds. The General Fund is the major operating fund of the …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-january-tax-collections-fall-shortXII.10.C Verifying Vendor Licenses, Certifications, Registrations, Insurance, and Qualifications – XII. Expenditures
… to have a valid license or certification, to have certain insurance coverage, and/or be registered with a State Agency, … . Profession Acupuncture Mental Health Practitioners -Creative Arts Therapists -Marriage and Family Therapists -Mental Health Counselors Clinical -Psychoanalysts Architecture …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii10c-verifying-vendor-licenses-certifications-registrations-insurance-and-qualificationsNYS Comptroller DiNapoli: ExxonMobil Agrees to Assess Impacts of Climate Change
… and to assess the financial risks associated with that 2-degree scenario. While Exxon has previously recognized that … meaningful analysis of how the globally agreed upon 2-degree target will affect its position in the marketplace. …
https://www.osc.ny.gov/press/releases/2017/12/nys-comptroller-dinapoli-exxonmobil-agrees-assess-impacts-climate-changeNYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution
… of Labor’s rule are trying to impose partisan politics on what should be dollars and cents, nonpolitical investment … thanks to President Biden for his assurance that he will do the right thing and veto this misguided attempt to … System is ranked one of America’s best-managed and best-funded public pension plans. We have integrated ESG factors …
https://www.osc.ny.gov/press/releases/2023/03/nys-comptroller-dinapoli-writes-president-biden-support-his-planned-veto-anti-esg-resolutionDiNapoli: State Needs to Ensure Timely Execution of Contracts with Not-For-Profits
… State agencies were late more than 77 percent of the time in approving contracts with not-for-profit providers (NFPs) in 2014, according to a … of not-for-profit contracts by organization, region and length of days for approval. “The state needs to show …
https://www.osc.ny.gov/press/releases/2015/05/dinapoli-state-needs-ensure-timely-execution-contracts-not-profitsDiNapoli Bolsters State Pension Fund Support of LGBTQIA+ Equity & Inclusion at Portfolio Companies
… Thomas P. DiNapoli highlighted recent actions taken by the New York State Common Retirement Fund (Fund) to support … inclusion for employees at portfolio companies, including new requests to major corporations seeking information on how … in assessing whether the companies are bringing in new talent, whether these employees are retained, how …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-bolsters-state-pension-fund-support-lgbtqia-equity-inclusion-portfolio-companies