Assembly Bill A3732

2013-2014 Legislative Session

Relates to the pre-audit of expenditures from the state insurance fund by the state comptroller; repealer

download bill text pdf

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Archive: Last Bill Status - In Senate Committee Finance Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2013-A3732 (ACTIVE) - Details

See Senate Version of this Bill:
S4034
Current Committee:
Senate Finance
Law Section:
Workers' Compensation Law
Laws Affected:
Amd §88, rpld §88, Work Comp L
Versions Introduced in Other Legislative Sessions:
2011-2012: A10316, S7562
2015-2016: A7505, S4925

2013-A3732 (ACTIVE) - Summary

Relates to the pre-audit of expenditures from the state insurance fund by the state comptroller.

2013-A3732 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  3732

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            January 28, 2013
                               ___________

Introduced  by M. of A. HEASTIE -- (at request of the State Comptroller)
  -- read once and referred to the Committee on Labor

AN ACT to amend the workers' compensation law, in relation to  the  pre-
  audit of expenditures from the state insurance fund by the state comp-
  troller and to repeal certain provisions of such law relating thereto

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Section 88 of the workers' compensation law, as amended  by
chapter 6 of the laws of 2007, is amended to read as follows:
  S 88. Administration expenses. The entire expense of administering the
state  insurance  fund shall be paid out of such fund WHICH SHALL NOT BE
CONSIDERED AN AGENCY OR A FUND OF THE STATE FOR THE PURPOSES OF  SECTION
FOUR  OF THE STATE FINANCE LAW.  The portion of such expenses applicable
and chargeable to the disability benefits  fund  [and  the  medical  and
hospital  malpractice  fund]  shall  be determined on an equitable basis
with due allowance for the division of overhead expenses. Not later than
the first day of November there shall be submitted to  the  director  of
the  budget for his approval an estimated budget of expenditures for the
succeeding calendar year having due regard to the business interests and
contract obligations of the fund.   There may not be  expended  for  the
state  insurance  fund  for  purposes  of  administration  more than the
amounts specified in such budget for each item of expenditure, except as
authorized by the director of the budget.  THERE SHALL BE  SUBMITTED  TO
THE  DIRECTOR OF THE BUDGET QUARTERLY FINANCIAL STATEMENTS ON A CALENDAR
YEAR BASIS. In no case shall the amount of  ADMINISTRATIVE  expenditures
so  authorized  for  an entire year [for] FROM THE workers' compensation
[insurance] FUND exceed twenty-five per centum of  the  earned  premiums
for  such insurance for that year. In no case shall the amount of ADMIN-
ISTRATIVE expenditures authorized for the disability benefits  fund  for
an  entire  year exceed twenty-five per centum of the premiums earned by
that fund FOR SUCH INSURANCE FOR THAT YEAR. [In no case shall the amount

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD02599-01-3
              

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