Andrew Cuomo is scheduled to sign a bill into law this weekend that will create an independent commission to study the state’s finances and reform the way the state conducts its finances.
The legislation is expected to create a commission that will include three members from the private sector and two from the public sector.
The nonpartisan commission would include representatives from the U.S. Treasury Department and the Department of Housing and Urban Development.
The commission’s members would be selected by Cuomo and Senate President Stephen Sweeney, R-Gloucester, who said he is open to working with the commission on its recommendations.
Cuomo and Sweeney said they want the commission to be a nonpartisan panel.
“I think that’s a good place to start and I think it’s a very fair process,” Cuomo said.
“And I think the public should have the opportunity to participate in that process and that’s something we would be happy to do.”
The commission will make recommendations for how the state can better manage its financial and other obligations.
Cuomo said the commission will also look at ways to improve access to government services, such as tax credits, and would look at improving financial aid for families.
He said the panel will look at how to improve the way taxpayers access state services.
“We are going to do a whole lot more to get more people on the ballot, to get people who are not working,” Cuomo told The Associated Press in a recent interview.
“You’re going to see a lot more of those people.”
Cuomo has said he supports a state constitutional amendment to establish a bipartisan commission, but has said that if he is re-elected in 2020, he will seek to expand the commission.
The new legislation, which was introduced by state Rep. Tom Stoppard, R, is expected Friday.
It will also create an advisory committee to work with the state Department of Financial Services and other state agencies on financial issues, including the federal government.
Stoppart said he believes a bipartisan panel could work well, but said he would prefer to see the commission create its own independent structure.
“A lot of people are going out and saying we need a bipartisan approach, but I think there are a lot of folks who are going around saying they’re against it,” Stoppad said.
The New York City Department of Finance also is expected in the next few days to announce a plan to set up a commission.
Cuomo has long been a vocal supporter of the federal debt ceiling, but many Democrats have argued that it could jeopardize the economy.
Cuomo called for the debt ceiling to be raised as a way to improve economic growth.