N.Y. Economic Development Law § 239: Reporting requirements

§ 239. Reporting requirements. 1. Each funding recipient shall provide

an annual financial statement prepared according to generally accepted

accounting principles to the commissioner, the speaker of the assembly

and the temporary president of the senate.

2. The department shall annually, on or before February first, submit

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

of the assembly, a report on the activities of the business marketing

matching funds program. Such report shall include a summary of the

financial statements received by the department from funded entities, a

summary of activities conducted and analyses of the effectiveness of the

program in stimulating economic growth and job creation.