Shown verbatim: the complete text as captured from the official source posted by the New York State Senate, fetched 2026-08-11. Nothing is edited or removed. Where this bill amends existing law, language marked for deletion in the official source appears here in brackets. The official bill page.
S T A T E O F N E W Y O R K
________________________________________________________________________
4723
2025-2026 Regular Sessions
I N A S S E M B L Y
February 5, 2025
___________
Introduced by M. of A. McDONALD -- read once and referred to the Commit-
tee on Governmental Operations
AN ACT to amend the state finance law, in relation to allowing for the
donation of personal property of the state to certain not-for-profit
organizations
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 1 of section 167 of the state finance law, as
added by chapter 83 of the laws of 1995, is amended to read as follows:
1. The head of a state agency having custody or control of such prop-
erty, except vehicles, may: (a) dispose of such property in accordance
with applicable express statutory provisions, (b) reuse such property
within the same state agency, (c) use the property in part payment on a
new item which may include, but shall not be limited to, use as a trade-
in or use in a guaranteed brokerage arrangement, (d) with the consent of
the commissioner, place such property in the custody or control of the
office of general services for reuse by other state agencies or for
other disposition, or (e) where the fair market value of such property
is less than an amount established from time to time by the commission-
er, dispose of such property by such means as the head of such state
agency deems to be in the best interest of the state OR DONATE SUCH
PROPERTY TO A 501(C)(3) NOT-FOR-PROFIT ORGANIZATION THAT IS UP TO DATE
ON THEIR ANNUAL FILINGS. Records of each disposition shall be retained
by the state agency disposing of such property and shall be subject to
audit. Where personal property has been purchased from special funds, a
state agency, upon designation of the source of funds from which such
property was purchased, may condition the disposal of such property on
the reimbursement of such special fund in the amount of the fair market
value of such property. All proceeds realized on sale or other transfer
and not otherwise authorized to be deposited in a special fund, shall be
deposited in the general fund of the state.
§ 2. This act shall take effect on the one hundred eightieth day after
it shall have become a law.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD03178-01-5Every fact on this page links to its source, starting with the official bill record.