N.Y. Economic Development Law § 166: Reporting requirements

§ 166. Reporting requirements. (a) In accordance with generally

accepted accounting principles each tourism promotion agency shall

furnish an annual financial statement to the commissioner. Such reports

shall be submitted on or before January first of each year.

(b) The department shall annually, on or before March first, submit to

the governor, the temporary president of the senate and the speaker of

the assembly, a report on the activities of the matching funds program.

Such report shall include a statement of the guidelines promulgated by

the department pursuant to section one hundred sixty-one of this

article, a summary of the financial statements received by the

department from tourist promotion agencies, a summary of activities

conducted by the tourist promotion agencies and analyses of the

effectiveness of the matching funds program in stimulating tourist

promotion and recommendations concerning the future organization,

implementation and improvement of the matching funds program.