Senate Majority Leader John Flanagan reiterated his desire to see a balance re-established when it comes to oversight of economic development spending in the state.

Lawmakers have for the last several weeks pushed legislation that would re-empower the state comptroller to have oversight powers over state contracting for funds that pass through the State University of New York’s entities.

“Our members are wholly engaged on that,” Flanagan told reporters on Monday. “There’s no finality.”

The measure has already cleared the Senate Finance Committee and Assembly Speaker Carl Heastie, a Democrat, said he’s reviewing the bill with his conference.

But Flanagan suggested there could be compromises on the legislation, which Cuomo is believed to oppose and SUNY itself issued a memorandum of opposition to last week.

“It’s certainly not the only bill that’s out there. The governor has his own ideas,” Flanagan said. “I think he’s less inclined to have procurement reform along the lines of what a lot of our members are advocating. But there’s got to be a balance with legislative oversight whether it’s the Senate or Assembly. Where we achieve that middle ground is where I’d like to end up.”

The bill was proposed in the wake of a bribery and bid-rigging scandal that led to the arrests of a former close aide to Cuomo, the ex-president of SUNY Polytechnic and prominent upstate developers.