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A10243 • 2025

Relates to adult care facility financial statements

Relates to adult care facility financial statements

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Amy Paulin
Last action
2026-06-02
Official status
Passed Senate
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Relates to adult care facility financial statements

Relates to adult care facility financial statements Requires statements to be accompanied by a review performed in accordance with a statement on standards for accounting and review services.

What This Bill Does

  • Relates to adult care facility financial statements Requires statements to be accompanied by a review performed in accordance with a statement on standards for accounting and review services.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-06-02 Senate

    SUBSTITUTED FOR S10090

  2. 2026-06-02 Senate

    3RD READING CAL.1102

  3. 2026-06-02 Senate

    PASSED SENATE

  4. 2026-06-02 Senate

    RETURNED TO ASSEMBLY

  5. 2026-04-28 Assembly

    PASSED ASSEMBLY

  6. 2026-04-28 Assembly

    DELIVERED TO SENATE

  7. 2026-04-28 Senate

    REFERRED TO HEALTH

  8. 2026-04-23 Assembly

    ADVANCED TO THIRD READING CAL.377

  9. 2026-04-21 Assembly

    REPORTED

  10. 2026-02-12 Assembly

    REFERRED TO HEALTH

Official Summary Text

Relates to adult care facility financial statements
Requires statements to be accompanied by a review performed in accordance with a statement on standards for accounting and review services.

Current Bill Text

Read the full stored bill text 
S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          10243

                                  I N  A S S E M B L Y

                                    February 12, 2026
                                       ___________

        Introduced by M. of A. PAULIN -- read once and referred to the Committee
          on Health

        AN  ACT  to  amend  the  social  services law, in relation to adult care
          facility financial statements

          THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
        BLY, DO ENACT AS FOLLOWS:

     1    Section  1. The closing paragraph of paragraph (a) of subdivision 4 of
     2  section 461-e of the social services law, as amended by chapter  733  of
     3  the laws of 1994, is amended to read as follows:
     4    Such statement shall be accompanied by [an opinion] A REVIEW PERFORMED
     5  IN  ACCORDANCE  WITH  A STATEMENT ON STANDARDS FOR ACCOUNTING AND REVIEW
     6  SERVICES, signed by an independent licensed accountant that such  finan-
     7  cial  statement  represents the financial operations and position of the
     8  facility, except such [opinion] REVIEW shall not be required for facili-
     9  ties with a capacity of nine or less.  NOTHING IN THIS  PARAGRAPH  SHALL
    10  PREVENT THE DEPARTMENT FROM REQUIRING AN OPINION, SIGNED BY AN INDEPEND-
    11  ENT  LICENSED  ACCOUNTANT  THAT  SUCH FINANCIAL STATEMENT REPRESENTS THE
    12  FINANCIAL OPERATIONS AND POSITION OF THE FACILITY,  WHEN  IT  DETERMINES
    13  THAT SUCH OPINION  IS REQUIRED AND NECESSARY.
    14    § 2. This act shall take effect immediately.





         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14657-02-6