Section 1829-A. Submission of certain program information

1. Annual program
  report. The authority shall report on an annual basis beginning December
  thirty-first,  nineteen  hundred  ninety-three,  and  on  each  December
  thirty-first thereafter, to the governor, the speaker  of  the  assembly
  and  the  temporary  president  of  the  senate on each of the financial
  assistance programs, and for each program, each category  of  assistance
  administered  by the authority, identifying each proposal for assistance
  through such program for which  the  authority  has  received  a  formal
  application or otherwise has begun to undertake an analysis.
    (a)  For  those requests which are currently being evaluated but which
  have not yet been approved such description shall include,  but  not  be
  limited  to,  the  name  and  location  of  the applicant, the amount of
  assistance requested, the date of  receipt  of  such  request,  and  the
  status of such request.
    (b)   In  providing  such  report,  where  necessary  to  promote  the
  development of proposed projects, the authority may delete references to
  the specific names of the participants,  instead  making  references  to
  them  in  some  other  form  so  as  to make it possible to identify the
  progress of specific proposals.
    (c) Such report shall provide a breakdown, for  each  of  the  regions
  established  pursuant  to  section  two  hundred  thirty of the economic
  development law, of proposals for assistance through  each  program.  In
  addition,  such  report  shall  summarize, by program, the data reported
  pursuant to this paragraph.
    (d) For those requests which have been  evaluated  and  for  which  no
  further  action  has  been  recommended,  the  corporation shall present
  summary data indicating why no further action was taken.
    (e) Such report  shall  include  a  description  of  the  efforts  and
  activities  of the authority to meet the financing needs of economically
  distressed areas as described in paragraph (a) of subdivision  seven  of
  section eighteen hundred twenty-three of this chapter, and a description
  of  the  authority's  efforts and activities with regard to companies in
  need of special assistance as described in such paragraph (a).
    2. Evaluations. (a) In addition to any other requirements  imposed  by
  this chapter or otherwise regarding evaluations of programs administered
  by  the  authority, each evaluation shall include an analysis of the job
  creation effect of such program, the number  of  small  businesses  that
  received  assistance,  the number of minority and women-owned firms that
  received assistance, the number of projects undertaken  in  economically
  distressed  areas  as described in paragraph (a) of subdivision seven of
  section eighteen hundred twenty-three of this  chapter,  the  number  of
  projects  involving companies in need of special assistance as described
  in such paragraph (a) and, if applicable, the  repayment  experience  of
  borrowers of funds from the authority.
    (b)  The  authority  shall  submit to the governor, the speaker of the
  assembly, and the temporary president of the  senate  an  evaluation  of
  such  programs  prepared by an entity independent of the authority. Such
  evaluations shall be submitted  by  September  first,  nineteen  hundred
  ninety-four and by September first every four years thereafter.