Assembly Bill A673

2015-2016 Legislative Session

Relates to the pension costs of New York Health Care Corporations established under article 10-C of the public authorities law

download bill text pdf

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Archive: Last Bill Status - In Assembly 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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2015-A673 (ACTIVE) - Details

Current Committee:
Assembly Governmental Employees
Law Section:
Public Authorities Law
Laws Affected:
Add §3501, Pub Auth L
Versions Introduced in Other Legislative Sessions:
2011-2012: A10320
2013-2014: A1465

2015-A673 (ACTIVE) - Summary

Relates to the pension costs of New York Health Care Corporations established under Article 10-C of the public authorities law.

2015-A673 (ACTIVE) - Bill Text download pdf

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

                                   673

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 7, 2015
                               ___________

Introduced  by M. of A. ABINANTI, MAYER -- read once and referred to the
  Committee on Governmental Employees

AN ACT to amend the public authorities law, in relation to pension costs
  of the New York Health Care  Corporations  established  under  article
  10-C of such law

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

  Section 1. The public authorities law  is  amended  by  adding  a  new
section 3501 to read as follows:
  S 3501. DETERMINATION OF PENSION COSTS. THE NEW YORK STATE COMPTROLLER
SHALL  SET  THE TOTAL PENSION COSTS FOR EACH OF THE NEW YORK HEALTH CARE
CORPORATIONS ESTABLISHED UNDER THIS ARTICLE AT AN AMOUNT NO HIGHER  THAN
THE PENSION COSTS CALCULATED BASED ON THE EMPLOYMENT DATA OF THAT HEALTH
CARE  CORPORATION  AND  PENSION  CONTRIBUTION  RATES  IN  THE  BASE YEAR
UTILIZED BY THE DEPARTMENT OF HEALTH TO ESTABLISH THE MEDICAID INPATIENT
HOSPITAL RATES FOR THAT FISCAL YEAR.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04356-01-5


              

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