Assembly Bill A7152

2013-2014 Legislative Session

Relates to expenditures from the unemployment trust fund

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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2013-A7152 (ACTIVE) - Details

See Senate Version of this Bill:
S4954
Current Committee:
Assembly Labor
Law Section:
Labor Law
Laws Affected:
Amd §550, Lab L

2013-A7152 (ACTIVE) - Summary

Relates to expenditures from the unemployment trust fund.

2013-A7152 (ACTIVE) - Bill Text download pdf 

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

                                  7152

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                               May 2, 2013
                               ___________

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

AN ACT to amend the labor law, in  relation  to  expenditures  from  the
  unemployment trust fund

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

  Section 1. Subdivision 3 of section 550 of the labor law,  as  amended
by chapter 888 of the laws of 1956, is amended to read as follows:
  3.  Fund  sole  source  of benefits. The fund shall be administered in
trust and shall be used solely to pay benefits, [except  that]  PROVIDED
HOWEVER  THAT  FUNDS  MAY  BE  USED TO PAY FOR ANY PROGRAM AUTHORIZED BY
FEDERAL LAW OR RULE AND subject to  the  limitations  therein  contained
moneys  credited  to this fund pursuant to section nine hundred three of
the federal social security act may upon an appropriation duly  made  by
the  legislature  be  used  for  the  administration of the unemployment
insurance law and shall for such purpose and to the extent  required  be
transferred  to  the administration fund established under this article.
All payments shall be made upon  vouchers  drawn  on  the  fund  by  the
commissioner  in accordance with procedures established by him. The fund
shall be the sole and exclusive source for the payment of benefits which
shall be due and payable only to the extent that contributions and other
payments to the fund with increments  thereon,  actually  collected  and
credited  to  the  fund and not otherwise appropriated or allocated, are
available therefor.
  S 2. This act shall take effect immediately.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09007-01-3

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