Last month, the New York State Assembly voted 144-0 to pass A.5056, also known as the Enterprise Fraud bill. Authored by Assemblyman Hevesi in cooperation with the Office of the State Comptroller, the Enterprise Fraud bill is a first of its kind, multifaceted piece of legislation that, once enacted, will save New York State taxpayers millions of dollars by utilizing real time data analytic tools to target waste, fraud, and abuse of taxpayer money. The Enterprise Fraud bill will authorize the Office of the State Comptroller (OSC) to implement an enterprise fraud prevention program using electronic data analytics for the purpose of preventing improper payments, fraud, waste, and abuse throughout state government. The program would require that all state agencies, including public authorities, provide OSC with access to pertinent real time, regular and periodic electronic data, while still complying with all applicable federal and state laws to ensure the safety and security of shared information. By streamlining the fraud prevention efforts of multiple agencies and data sources into one single agency, the state will be able to more efficiently utilize data to detect various forms of financial mismanagement and fraud in its earliest stages.
District Office: 70-50 Austin Street, Suite 110, Forest Hills, NY 11375 • 718-263-5595
Albany Office: Room 742 Legislative Office Building, Albany, NY 12248 • 518-455-4926
Email: hevesia@assembly.state.ny.us