Abandoned Property – Signed into law on November 22, 2022 as Chapter 640 of the Laws of 2022 – A.7742-A/S.9360 (Lavine/Thomas) – Provides coverage for virtual currency, authorizes the promulgation of regulations related to electronic communications, and recognizes the death of an owner as a trigger for dormancy.
New York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued.
Auditors conducted reviews of 20 adopted budgets of various counties, cities, towns and villages across the state to assess whether local officials adequately considered the impact of the pandemic on their financial operations while developing their 2021 fiscal year budgets. Below are the findings of some of the communities reviewed:
ABLE Residency – Signed into law on July 26, 2022 as Chapter 478 of the Laws of 2022 - A.7652/S.9335 (Gunther/Brouk) - Eliminates the New York State residency requirement for designated beneficiaries in the New York ABLE program.
Data Breach – Signed into law on December 22, 2021 as Chapter 796 of the Laws of 2021 – A.7612 (Otis) - Requires the Office of Information Technology Services to notify, within 24 hours following the discovery of a data breach or receiving notice of a data breach or network security breach, the chief information officer or, where appropriate, the chief information security officer of a state entity with which the office shares data of suc
Ordinary Death Benefit – Signed into law on December 16, 2022 as Chapter 720 of the laws of 2022 – A.7730/S.6619-A (Abbate/Gounardes) - Increases the age at which the ordinary death benefit commences to be reduced while a member of the New York State and Local Retirement System (NYSLRS) and the New York State Teachers' Retirement System (TRS) is in service to the full retirement age.
State Comptroller Thomas P. DiNapoli announced Kristina Hand was sentenced in federal court for stealing $34,000 from the Morris Central School District in Otsego County.
Hand, 47, of Morris, pled guilty last September to two counts of federal program theft, for stealing from a school district that received federal funds. She was sentenced Thursday to two years of probation and ordered to serve 50 hours of community service. Hand was also ordered to pay $34,000 in restitution.
Collections totaled $1.5 billion, up $464 million from April 2020 when first wave of pandemic hit.
Local government sales tax collections in April grew by 45.7 percent over the same month in 2020, State Comptroller Thomas P. DiNapoli announced today. Collections totaled $1.5 billion, up $464 million from April of last year.
“The strong collections in April show that the economy is gaining steam, thanks in part to federal aid, more lifts in restrictions and a climb in the vaccination rates,” DiNapoli said. “However, local governments must monitor changing economic conditions and continue to be vigilant when it comes to their finances.”
New York State Comptroller Thomas P. DiNapoli today announced the following local government audits were issued.
Auditors conducted reviews of 20 adopted budgets of various counties, cities, towns and villages across the state to assess whether local officials adequately considered the impact of the pandemic on their financial operations while developing their 2021 fiscal year budgets. Below are the findings of some of the communities reviewed:
State Comptroller Thomas P. DiNapoli and New York State Police Acting Superintendent Kevin P. Bruen announced the arrests of former state police mechanics Jeffrey Rapasadi and David Relyea in the theft of nearly $30,000 in auto parts and supplies from the state. The thefts allegedly took place between April 2015 and October 2020.
