Allows for the examination of industrial development agencies and not-for-profit corporations by county comptrollers

Bill A 7666 allows county comptrollers to audit projects and actions by industrial development agencies (IDAs) and certain non-profit corporations affiliated with local governments within their counties. It requires comptrollers to examine IDAs (defined under Public Authorities Law) and non-profits sponsored by or created by counties, cities, towns, or villages. If a county lacks a comptroller, the chief elected official must designate a budget or finance director to conduct these audits. The bill takes effect 90 days after enactment and aims to enhance financial oversight of these entities without altering their core operations.