Wouldn't that cover PDF, even though it might be deeply inappropriate for it's content? PDF has several ISO standards, and is most definently machine readable.
PDF should also meet the goal as well:
> available to the greatest number of users and for the greatest number of applications
Huge number of PDF clients, such as PDF.js that powers Firefox's reader.
> If such standards are developed and adopted by the Treasurer, they shall be the format that each State department and agency will use to provide existing and future electronic data sets
Knowing how much government uses PDF... It is probably incoming.
But it makes little/no sense for spreadsheet data. Great for graphs and prose, however.
https://www.w3.org/2013/04/odw/odw13_submission_52.pdf
PDF with csv attachments is a good compromise but I rarely see that. Usually it is PDF or Excel and the PDF is a nightmare to munge.
"The policy and procedures shall include ... technical requirements with the goal of making electronic data sets available to the greatest number of users and for the greatest number of applications, including, whenever practicable, the use of machine readable, non-proprietary technical standards for web publishing"
"The Treasurer shall consider various means by which to develop a set of universal data formatting standards to effectuate the purposes of this act, including working with other State departments and agencies, and contracting, if deemed necessary, with nonprofit organizations, commercial vendors or third party groups for this purpose. If such standards are developed and adopted by the Treasurer, they shall be the format that each State department and agency will use to provide existing and future electronic data sets"