Public Authorities Control Board

The Public Authorities Control Board (PACB) was created and empowered pursuant to Sections 50 and 51 of the Public Authorities Law. These sections of law direct that eleven statewide public authorities must receive a resolution of approval from PACB prior to entering into any project-related financings. The five members of PACB are appointed by the Governor to serve one-year terms, with one member representing the Governor and acting as the Chairperson. The Governor appoints the four remaining members based upon the recommendations of the Majority and Minority leaders of the Legislature.