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The Comptroller also "is the custodian and investment advisor to the Boards" of the five pension funds of the city, which are collectively referred to as "NYC Public Pension Funds" or "New York City pension funds".
The major duties of the office were to receive and keep state money, maintain accounts of all receipts and expenditures, collect cigarette and tobacco taxes and certain gross-receipts taxes, serve as custodian of securities in trust, receive unclaimed property held in trust, and administer money in a local government-investment pool called TexPool.
In 1965 the Comptroller's Office hosted V INCOSAI, the fifth triennial convention of the International Organization of Supreme Audit Institutions. [2] The state comptroller is elected by the Knesset in a secret ballot for a single term of seven years. [3] The state comptroller can be relieved only by the Knesset or by resignation or demise.
The Office of the Comptroller of the Currency (OCC) is an independent bureau within the United States Department of the Treasury that was established by the National Currency Act of 1863 and serves to charter, regulate, and supervise all national banks and federal thrift institutions and the federally licensed branches and agencies of foreign banks in the United States. [2]
The NRCC is always chaired by a Republican member of the House, who may serve up to two consecutive terms. It is governed by an executive committee of 11 members, which includes the party's Leader in the House ex officio, and other members elected by the Republican Conference following a House election.
The comptroller general's office is housed in the Wade Hampton State Office Building. As of May 31, 2023, the agency is staffed by 27 employees. [13] In the event of a vacancy in the office, the General Assembly is empowered by the constitution to appoint a new incumbent.
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