AAC-30-14-00028-P Meeting and Action of the Real Estate Advisory Committee

7/30/14 N.Y. St. Reg. AAC-30-14-00028-P

NEW YORK STATE REGISTER

VOLUME XXXVI, ISSUE 30

July 30, 2014

RULE MAKING ACTIVITIES

DEPARTMENT OF AUDIT AND CONTROL

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. AAC-30-14-00028-P

Meeting and Action of the Real Estate Advisory Committee

PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:

Proposed Action:

This is a consensus rule making to amend section 330.3 of Title 2 NYCRR.

Statutory authority:

Retirement and Social Security Law, sections 11, 13, 311 and 313

Subject:

Meeting and Action of the Real Estate Advisory Committee.

Purpose:

To authorize participation and action in a meeting by conference telephone or similar communications equipment.

Text of proposed rule:

330.3 Meeting and action of committee. The committee shall convene periodically upon the call of the Comptroller. A quorum for a meeting shall consist of four members. The committee shall act only upon the affirmative vote of a majority of the members in attendance or of four members, whichever is greater; provided that members may participate in a meeting and vote on any matter before the committee at such meeting by means of conference telephone or similar communications equipment allowing all persons participating in the meeting to hear each other at the same time and participation by such means shall constitute attendance at such meeting.

Text of proposed rule and any required statements and analyses may be obtained from:

Jamie Elacqua, Office of the State Comptroller, 110 State Street, Albany, NY 12236, [phone], email: [e-mail]

Data, views or arguments may be submitted to:

Same as above.

Public comment will be received until:

45 days after publication of this notice.

Consensus Rule Making Determination

This is a consensus rulemaking proposed for the sole purpose of authorizing participation by members of the Real Estate Advisory Committee in a meeting and action on any matter before the committee at such meeting by means of conference telephone or similar communications equipment. This amendment relates to participation in a meeting by members of the Real Estate Advisory Committee and it has been determined that no person is likely to object to the adoption of the rule as written.