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

Bill S 5563 allows county comptrollers to conduct audits of specific organizations located within their county. This includes examining projects and actions undertaken by industrial development agencies (IDAs). It also permits audits of not-for-profit corporations that are affiliated with, sponsored by, or created by county, city, town, or village governments. In counties without a comptroller, the chief elected official would designate either the budget director or finance director to perform these audits.