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Investors Ask SEC to Reject Exxon's Attempt to Silence Questions on Climate Change
… week asked the Securities and Exchange Commission (SEC) to reject ExxonMobil’s plan to block a shareholder proposal for information on how the company will be impacted by public policies seeking to rein in climate change. DiNapoli, as trustee of the New … this week asked the Securities and Exchange Commission SEC to reject ExxonMobils plan to block a shareholder proposal …
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
… an estimated $9 million investment gain for the New York State Common Retirement Fund, New York State Comptroller Thomas P. DiNapoli announced today. The investment was made through the Fund’s In-State Private Equity Program, which is designed to make … an estimated $9 million investment gain for the New York State Common Retirement Fund New York State Comptroller …
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
… scrutiny of pharmaceutical companies’control over the sale of their drugs for potential use in executions. DiNapoli …
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
… the following statement today following Amazon’s agreement to conduct and publicly release an independent racial equity … May 25. “For Amazon, one of America's largest employers, to prioritize and examine its impacts on racial equity is a … in corporate America. We commend the company for listening to its shareholders who understand that fostering diversity, …
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
… to or on behalf of an employee are reported to the OSC Payroll Office, so that they may be properly included in the … report taxable travel reimbursement income to the Agency’s payroll officer, who can refer to OSC PayServ guidelines for … The Agency should advise the employee that his or her net payroll check will likely be lower as a result of the …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xiii/xiii6-potential-tax-consequences-assigning-incorrect-official-stationDiNapoli: Local Sales Tax Collections Up 20% in Third Quarter
… totaled $5.2 billion in the third quarter (July-September of 2021), up $861 million (20%) from the same period last year and continuing the trend of exceeding pre-pandemic levels, according to a report … experiencing significant drops during the early outbreak of the COVID-19 pandemic,” DiNapoli said. “This growth is an …
https://www.osc.ny.gov/press/releases/2021/10/dinapoli-local-sales-tax-collections-20-third-quarterXII.4.F Proper Invoice – XII. Expenditures
… A proper invoice is a written or electronic request for payment submitted by the vendor that must contain the … of goods or services requesting payment for (may be in narrative or code values format); Quantity of goods, … early payment discounts or lose short-term interest by paying the invoice earlier than necessary. In addition, an …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xii/xii4f-proper-invoiceCity of Yonkers – Procurement of Professional Services (2017M-268)
… officials sought competition when procuring professional services for the period July 1, 2015 through June 30, 2017. … did not seek competition when procuring professional services from 22 providers totaling approximately $9.2 … to seek competition when contracting for professional services or to provide justification when seeking competition …
https://www.osc.ny.gov/local-government/audits/city/2018/02/23/city-yonkers-procurement-professional-services-2017m-268DiNapoli: Local Sales Tax Growth Slows During First Half of 2019
… remind officials to closely watch future collections and plan accordingly.” Collections during the first and second quarters grew by 3.4 percent and 3.2 percent, … spending — grew at a modest pace. However, a decrease in gasoline prices in the first half of 2019 caused a drop in …
https://www.osc.ny.gov/press/releases/2019/07/dinapoli-local-sales-tax-growth-slows-during-first-half-2019DiNapoli: FirstEnergy Corp. Agrees to Disclose Its Political Spending
… an agreement with Ohio-based utility FirstEnergy Corp. to comprehensively disclose its political spending, New York … trustee of the Fund, announced today. In response to the agreement, the Fund withdrew its shareholder … “Many publicly traded companies use corporate funds to influence the political process and it is important …
https://www.osc.ny.gov/press/releases/2021/02/dinapoli-firstenergy-corp-agrees-disclose-its-political-spendingDiNapoli: 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: January Tax Collections Fall Short
… $58.9 billion, but were $367.3 million below the state’s latest estimates because of lower than expected Personal … collections from PIT were $467.6 million below the state’s latest Financial Plan projections but $301.4 million higher … of 1.9 percent from last year, and $59.5 million above the latest projections. Total tax collections through January …
https://www.osc.ny.gov/press/releases/2015/02/dinapoli-january-tax-collections-fall-shortGuide 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
… Program has helped grow the pension fund while supporting jobs and fueling local economies. Our program continues to … returns to the New York State Common Retirement Fund, as well as created a number of high quality jobs within the region," said Kevin Phelps, general partner …
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 … The New York State Common Retirement Fund has committed $50 million to a private equity fund …
https://www.osc.ny.gov/press/releases/2023/11/dinapoli-nys-pension-fund-commits-50-million-ny-small-business-investment-fundXII.10.C Verifying Vendor Licenses, Certifications, Registrations, Insurance, and Qualifications – XII. Expenditures
… payment when the vendor is: required to be licensed, certified or registered to practice their profession or … and practice of 48 professions, including Physicians, Certified Public Accountants, Architects, Registered Nurses … contracts with a vendor that is required to be licensed, certified, registered or insured to practice their profession …
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
… The request, co-filed by the New York State Common Retirement Fund (the Fund) and the Church of England, received landslide support from more than 62 … Exxon voting shareholders at the company's annual meeting in May. As a result of the company's decision, the Fund will …
https://www.osc.ny.gov/press/releases/2017/12/nys-comptroller-dinapoli-exxonmobil-agrees-assess-impacts-climate-changeDiNapoli Bolsters State Pension Fund Support of LGBTQIA+ Equity & Inclusion at Portfolio Companies
… national study conducted by the Williams Institute at UCLA School of Law. The Fund engages with companies on LGBTQIA+ …
https://www.osc.ny.gov/press/releases/2024/06/dinapoli-bolsters-state-pension-fund-support-lgbtqia-equity-inclusion-portfolio-companiesNYS Comptroller DiNapoli Writes to President Biden in Support of His Planned Veto of Anti-ESG Resolution
… there should be no doubt at this point that these factors can be material depending on the individual facts and … Avenue, NW Washington, DC 20500 Dear President Biden: I am writing to support your planned veto of H.J. Res. 30 — … wrote to President Biden in support of his planned veto of a resolution that would undo a US Labor Department rule that …
https://www.osc.ny.gov/press/releases/2023/03/nys-comptroller-dinapoli-writes-president-biden-support-his-planned-veto-anti-esg-resolutionDiNapoli: State Pension Fund Adds Another $20 Million to Investing in New York Program
… to the Tribeca Venture Partners Growth Fund to invest in local companies, New York State Comptroller Thomas P. … The transaction raises the total commitments of DiNapoli's In-State Private Equity Program (the In-State Program) to $1.6 billion. "We're investing in …
https://www.osc.ny.gov/press/releases/2018/04/dinapoli-state-pension-fund-adds-another-20-million-investing-new-york-program