Prohibits the transfer of unexpended moneys from funds receiving moneys from a dedicated fee into any other fund.
Sponsor: MAZIARZ / Co-sponsor(s): AVELLA, LARKIN, SEWARD / Committee: RULES
Law Section: State Finance Law / Law: Add S73-a, St Fin L
Sponsor: MAZIARZ / Co-sponsor(s): AVELLA, LARKIN, SEWARD / Committee: RULES
Law Section: State Finance Law / Law: Add S73-a, St Fin L
S173-2011 Actions
- Jun 21, 2012: COMMITTED TO RULES
- May 7, 2012: ADVANCED TO THIRD READING
- May 2, 2012: 2ND REPORT CAL.
- May 1, 2012: 1ST REPORT CAL.652
- Jan 4, 2012: REFERRED TO FINANCE
- Jan 5, 2011: REFERRED TO FINANCE
S173-2011 Meetings
Finance: May 1, 2012S173-2011 Calendars
Floor Calendar: May 2, 2012 , Floor Calendar: May 7, 2012 , Floor Calendar: May 8, 2012 , Floor Calendar: May 9, 2012 , Floor Calendar: May 14, 2012 , Floor Calendar: May 15, 2012 , Floor Calendar: May 16, 2012 , Floor Calendar: May 21, 2012 , Floor Calendar: May 22, 2012 , Floor Calendar: May 23, 2012 , Floor Calendar: May 30, 2012 , Floor Calendar: May 31, 2012 , Floor Calendar: Jun 4, 2012 , Floor Calendar: Jun 5, 2012 , Floor Calendar: Jun 6, 2012 , Floor Calendar: Jun 11, 2012 , Floor Calendar: Jun 12, 2012 , Floor Calendar: Jun 13, 2012 , Floor Calendar: Jun 14, 2012 , Floor Calendar: Jun 18, 2012 , Floor Calendar: Jun 19, 2012 , Floor Calendar: Jun 20, 2012 , Floor Calendar: Jun 21, 2012S173-2011 Votes
VOTE: COMMITTEE VOTE:
- Finance
- May 1, 2012
Ayes (22): DeFrancisco, Johnson, Alesi, Bonacic, Farley, Flanagan, Fuschillo, Golden, Griffo, Lanza, Larkin, LaValle, Little, Marcellino, Nozzolio, Robach, Saland, Seward, Young, Breslin, Diaz, Montgomery
Ayes W/R (9): Dilan, Duane, Gianaris, Parker, Peralta, Perkins, Rivera, Stewart-Cousins, Squadron
Nays (3): Krueger, Oppenheimer, Stavisky
Excused (1): Hannon
S173-2011 Memo
BILL NUMBER:S173 TITLE OF BILL: An act to amend the state finance law, in relation to prohibiting the transfer of unexpended moneys from funds receiving moneys from a dedicated fee into any other fund PURPOSE: To prevent the transfer of funds from accounts that are specifically supported with a dedicated fee. SUMMARY OF PROVISIONS: Section one amends the state finance law by adding a new section stating that fees collected to support a specific fund will only be expended for that specific purpose. Section two - effective date. JUSTIFICATION: Various funds exist in the state budget to support specific activities of all New Yorkers such as land conservation, fishing and hunting and maintenance of trails throughout the state. Fees supporting such funds are paid with the understanding that the state will dedicate the total revenues derived from these fees to the payment of expenses directly related to the specific activity for which the fees were collected. LEGISLATIVE HISTORY: S.7976/A.10732 of 2007-2008; Referred to Senate Finance Committee S.3207/A.989 of 2009-2010; Referred to Senate Finance Committee FISCAL IMPLICATIONS: None. EFFECTIVE DATE: Immediately.
S173-2011 Text
S T A T E O F N E W Y O R K
173 2011-2012 Regular Sessions I N SENATE (PREFILED)
January 5, 2011
Introduced by Sens. MAZIARZ, LARKIN, SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Finance
AN ACT to amend the state finance law, in relation to prohibiting the transfer of unexpended moneys from funds receiving moneys from a dedi cated fee into any other fund
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM BLY, DO ENACT AS FOLLOWS:
Section 1. The state finance law is amended by adding a new section 73-a to read as follows:
S 73-A. TRANSFER OF FUNDS. NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY, UNEXPENDED MONEYS IN ANY FUND THAT:
1. RECEIVES REVENUES FROM A DEDICATED FEE; 2. PROVIDES THAT MONEYS IN THE FUND SHALL BE KEPT SEPARATE FROM AND SHALL NOT BE COMMINGLED WITH OTHER MONEYS IN THE CUSTODY OF THE COMP TROLLER; AND 3. PROVIDES THAT MONEYS IN THE FUND SHALL BE EXPENDED ONLY FOR THE PURPOSE DESIGNATED IN THE FUND SHALL NOT BE TRANSFERRED TO ANY OTHER FUND OR ACCOUNT OR USED FOR ANY PURPOSE OTHER THAN THAT DESIGNATED BY THE FUND.
S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01605-01-1

*By contributing or voting you agree to the Terms of Participation and Privacy Policy and verify you are over 13.
Discuss!
blog comments powered by Disqus