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Office of the New York State Comptroller

Comptroller DiNapoli's Legislative Program

Legislative Session 2011-2012:

 

Fiscal Reform Act of 2011 (Comptroller’s Program Bill #3) –  A.7906 (Farrell) - Requires the Governor to identify actions to close out-year gaps as part of the state’s Financial Plan; expand the forecast to include all revenues and resources available for spending; increase reserves to cushion against budget shocks; prohibits using one-shots to pay for ongoing expenses; require joint legislative conference committees to meet publicly to negotiate the budget; establish a new Capital Asset/Infrastructure Council; and require the Executive to report 3 years of detailed spending information.