New York § 265-E Public and financial accountability standards

New York Statutes

§ 265-E — Public and financial accountability standards

New York § 265-E

Law PBHPublic Health

Title 5-AEmpire State Stem Cell Board

Art. 2The Department of Health

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Bluebook

N.Y. Public Health § 265-E (2026).

Text

* § 265-e. Public and financial accountability standards.

1.Report.\nThe board shall issue an annual report to the public, which sets forth\nits activities, grants awarded, grants in progress, research\naccomplishments, and future program directions. Each annual report shall\ninclude, but not be limited to the following:\n (a) number and dollar amounts of research and facilities grants;\n (b) grantees for the prior year;\n (c) board's administrative expenses;\n (d) summary of research findings, including promising new research\nareas; and\n (e) strategic plan of the board.\n 2. Conflicts of interest. No employee of the board or member of the\nfunding or ethics committees shall make, participate in making, or in\nany way attempt to use his or her position to influence a decision to

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* § 265-e. Public and financial accountability standards. 1. Report.\nThe board shall issue an annual report to the public, which sets forth\nits activities, grants awarded, grants in progress, research\naccomplishments, and future program directions. Each annual report shall\ninclude, but not be limited to the following:\n (a) number and dollar amounts of research and facilities grants;\n (b) grantees for the prior year;\n (c) board's administrative expenses;\n (d) summary of research findings, including promising new research\nareas; and\n (e) strategic plan of the board.\n 2. Conflicts of interest. No employee of the board or member of the\nfunding or ethics committees shall make, participate in making, or in\nany way attempt to use his or her position to influence a decision to\napprove or award a grant, loan, or contract to:\n (a) his or her employer or relative, or any entity in which the\nemployee, member of the board, or member of the advisory counsel or the\nrelative of any such individual has a financial interest; or\n (b) an organization in which such employee, member of the board,\nmember of the advisory counsel, or any relative of any such individual\nis an officer, director or partner of such organization.\n 3. Patent royalties and license revenues. The board shall establish\nstandards that require that all grants be subject to intellectual\nproperty agreements that establish the scope, if any, of the state's\nownership or other financial interest in the commercialization and other\nbenefits of the results, products, inventions and discoveries of\nstate-funded stem cell research, and shall also include consideration in\nsuch agreement for amounts of funding from sources other than the state.\n 4. Contributions to the board. Notwithstanding any other provisions of\nthe law to the contrary, the board is authorized to receive\ncontributions from any governmental entity, for profit and\nnot-for-profit corporation, association or person.\n * NB Repealed December 31, 2025\n