Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Feb 01, 2016 |
print number 5853a |
Feb 01, 2016 |
amend and recommit to finance |
Jan 06, 2016 |
referred to finance |
Jun 08, 2015 |
referred to finance |
Senate Bill S5853A
2015-2016 Legislative Session
Sponsored By
(R, C, IP) Senate District
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
Actions
Bill Amendments
2015-S5853 - Details
- See Assembly Version of this Bill:
- A8204
- Current Committee:
- Senate Finance
- Law Section:
- State Finance Law
- Laws Affected:
- Rpld §88-a sub 5 ¶(c), amd §88-a, St Fin L
- Versions Introduced in 2017-2018 Legislative Session:
-
A2707
2015-S5853 - Sponsor Memo
BILL NUMBER:S5853 TITLE OF BILL: An act to amend the state finance law, in relation to the funding of public transit systems; and to repeal paragraph (c) of subdivision 5 of section 88-a of the state finance law relating thereto PURPOSE: This bill relates to the funding of public transit systems. SUMMARY OF PROVISIONS: Section 1 - Repeals paragraph(c) of subdivision 5 of section 88-a of the state finance law and adds two new paragraph (c) and (d). Section 2 - This act shall take effect immediately. JUSTIFICATION: Transit systems require revenues that grow with the level of service and operating expenses. State revenue sources funding upstate transit operating assistance continue to be flat while as transit ridership is growing upstate and the public demands increased service. Despite implementing efficiencies, the cost to provide that transit service increases each year and, unlike, NYC, Upstate does not have an
2015-S5853 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5853 2015-2016 Regular Sessions I N S E N A T E June 8, 2015 ___________ Introduced by Sen. DeFRANCISCO -- 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 the funding of public transit systems; and to repeal paragraph (c) of subdivision 5 of section 88-a of the state finance law relating thereto THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (c) of subdivision 5 of section 88-a of the state finance law is REPEALED and two new paragraphs (c) and (d) are added to read as follows: (C) NOTWITHSTANDING ANY LAW TO THE CONTRARY, THE COMPTROLLER IS HEREBY AUTHORIZED AND DIRECTED TO TRANSFER FROM THE GENERAL FUND FOR DEPOSIT INTO THE PUBLIC TRANSPORTATION SYSTEM OPERATING ASSISTANCE ACCOUNT, ON OR BEFORE MARCH THIRTY-FIRST OF EACH YEAR, AN AMOUNT EQUAL TO THE FOLLOWING: (I) FOR THE STATE FISCAL YEAR ENDING MARCH THIRTY-FIRST, TWO THOUSAND SIXTEEN, FIFTEEN MILLION DOLLARS; (II) IN EACH SUCCEEDING STATE FISCAL YEAR, THE TRANSFER SHALL EQUAL THE PRODUCT OF TWO HUNDRED FIVE MILLION SIX HUNDRED FIFTY-TWO THOUSAND ONE HUNDRED DOLLARS AND ONE PLUS THE GROWTH FACTOR. FOR THE PURPOSES OF THIS SUBPARAGRAPH, THE GROWTH FACTOR IS THE PERCENTAGE, IF ANY, BY WHICH THE AGGREGATE AMOUNT OF REVENUE DEPOSITED IN THE METROPOLITAN MASS TRANSPORTATION OPERATING ASSISTANCE ACCOUNT FOR THE TWELVE MONTH PERIOD ENDING ON DECEMBER THIRTY-FIRST OF THE IMMEDIATELY PRECEDING CALENDAR YEAR EXCEEDS THE AGGREGATE AMOUNT OF REVENUE DEPOSITED IN THE METROPOL- ITAN MASS TRANSPORTATION OPERATING ASSISTANCE ACCOUNT FOR THE TWELVE MONTH PERIOD ENDING ON DECEMBER THIRTY-FIRST, TWO THOUSAND FOURTEEN. IN NO YEAR WILL THE AMOUNT OF THE DEPOSIT AUTHORIZED UNDER THIS SECTION BE LESS THAN THE AMOUNT MADE IN THE PRIOR YEAR. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11540-03-5 S. 5853 2
2015-S5853A (ACTIVE) - Details
- See Assembly Version of this Bill:
- A8204
- Current Committee:
- Senate Finance
- Law Section:
- State Finance Law
- Laws Affected:
- Rpld §88-a sub 5 ¶(c), amd §88-a, St Fin L
- Versions Introduced in 2017-2018 Legislative Session:
-
A2707
2015-S5853A (ACTIVE) - Sponsor Memo
BILL NUMBER: S5853A TITLE OF BILL : An act to amend the state finance law, in relation to the funding of public transit systems; and to repeal paragraph (c) of subdivision 5 of section 88-a of the state finance law relating thereto PURPOSE : This bill relates to the funding of public transit systems. SUMMARY OF PROVISIONS : Section 1 - Repeals paragraph(c) of subdivision 5 of section 88-a of the state finance law and adds two new paragraph (c) and (d). Section 2 - This act shall take effect immediately. JUSTIFICATION : Transit systems require revenues that grow with the level of service and operating expenses. State revenue sources funding upstate transit operating assistance continue to be flat while as transit ridership is growing upstate and the public demands increased service. Despite implementing efficiencies, the cost to provide that transit service increases each year and, unlike, NYC, Upstate does not have an
2015-S5853A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5853--A 2015-2016 Regular Sessions I N S E N A T E June 8, 2015 ___________ Introduced by Sen. DeFRANCISCO -- read twice and ordered printed, and when printed to be committed to the Committee on Finance -- recommit- ted to the Committee on Finance in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the state finance law, in relation to the funding of public transit systems; and to repeal paragraph (c) of subdivision 5 of section 88-a of the state finance law relating thereto THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (c) of subdivision 5 of section 88-a of the state finance law is REPEALED and two new paragraphs (c) and (d) are added to read as follows: (C) NOTWITHSTANDING ANY LAW TO THE CONTRARY, THE COMPTROLLER IS HEREBY AUTHORIZED AND DIRECTED TO TRANSFER FROM THE GENERAL FUND FOR DEPOSIT INTO THE PUBLIC TRANSPORTATION SYSTEM OPERATING ASSISTANCE ACCOUNT, ON OR BEFORE MARCH THIRTY-FIRST OF EACH YEAR, AN AMOUNT EQUAL TO THE FOLLOWING: (I) FOR THE STATE FISCAL YEAR ENDING MARCH THIRTY-FIRST, TWO THOUSAND SEVENTEEN, FIFTEEN MILLION DOLLARS; (II) IN EACH SUCCEEDING STATE FISCAL YEAR, THE TRANSFER SHALL EQUAL THE PRODUCT OF TWO HUNDRED FIVE MILLION SIX HUNDRED FIFTY-TWO THOUSAND ONE HUNDRED DOLLARS AND ONE PLUS THE GROWTH FACTOR. FOR THE PURPOSES OF THIS SUBPARAGRAPH, THE GROWTH FACTOR IS THE PERCENTAGE, IF ANY, BY WHICH THE AGGREGATE AMOUNT OF REVENUE DEPOSITED IN THE METROPOLITAN MASS TRANSPORTATION OPERATING ASSISTANCE ACCOUNT FOR THE TWELVE MONTH PERIOD ENDING ON DECEMBER THIRTY-FIRST OF THE IMMEDIATELY PRECEDING CALENDAR YEAR EXCEEDS THE AGGREGATE AMOUNT OF REVENUE DEPOSITED IN THE METROPOL- ITAN MASS TRANSPORTATION OPERATING ASSISTANCE ACCOUNT FOR THE TWELVE MONTH PERIOD ENDING ON DECEMBER THIRTY-FIRST, TWO THOUSAND FOURTEEN. IN EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11540-04-6
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