Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Apr 15, 2010 |
print number 662c |
Apr 15, 2010 |
amend (t) and recommit to ways and means |
Mar 25, 2010 |
print number 662b |
Mar 25, 2010 |
amend (t) and recommit to ways and means |
Feb 25, 2010 |
print number 662a |
Feb 25, 2010 |
amend and recommit to ways and means |
Jan 06, 2010 |
referred to ways and means |
Jan 07, 2009 |
referred to ways and means |
Assembly Bill A662
2009-2010 Legislative Session
Sponsored By
KAVANAGH
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
Actions
Bill Amendments
2009-A662 - Details
2009-A662 - Sponsor Memo
BILL NUMBER:A662 REVISED 2/24/10 TITLE OF BILL: An act to amend the state finance law, in relation to changing the state fiscal year from the first of April to the first of June PURPOSE: Changes the beginning of the state fiscal year from April 1st to June 1st. SUMMARY OF PROVISIONS: Section 1 of the bill amends section 3 of the state finance law to change the first day of the state fiscal year from April 1st to June 1st and to change the last day of the state fiscal year from March 31st to May 31st. Section 2 of the bill sets for its effective date. JUSTIFICATION: In most years for the past two decades, the state budget has been adopted after the April 1st statutory beginning of the fiscal year. This has been due, in part, to disagreements over 1st quarter revenue projections. Moreover, even when the budget has been adopted on time or nearly on time, the governor and the legislature have often had to make major adjustments during the fiscal year due to substantial differences between revenue projections available when the budget was adopted and actual revenues. Moving the beginning of the fiscal year to June 1st would provide a more realistic timeframe for producing a budg- et. By June 1st, New York has actual income tax returns for the preced- ing calendar year, which are due April 15th. Having the information from
2009-A662 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 662 2009-2010 Regular Sessions I N A S S E M B L Y (PREFILED) January 7, 2009 ___________ Introduced by M. of A. KAVANAGH -- read once and referred to the Commit- tee on Ways and Means AN ACT to amend the state finance law, in relation to changing the state fiscal year from the first of April to the first of June THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 3 of the state finance law, as added by chapter 1 of the laws of 1943 and as separately renumbered by chapters 405 and 957 of the laws of 1981, is amended to read as follows: S 3. Fiscal year. 1. The current fiscal year of the state which commenced with the first day of [July, nineteen hundred forty-two] APRIL, TWO THOUSAND NINE, is hereby [abridged] EXTENDED and shall end with the thirty-first day of [March, nineteen hundred forty-three] MAY, TWO THOUSAND TEN. For all purposes of determining annual increments of state employees pursuant to the education law, the civil service law or other state law, and for all purposes whenever by law some act is to be performed or time is to be measured by the fiscal year of the state, the current fiscal year, as so [abridged] EXTENDED, shall be deemed to be a full year unless the context clearly requires a contrary construction. On and after the first day of [April, nineteen hundred forty-three] JUNE, TWO THOUSAND TEN, the fiscal year of the state, for the purpose of budget, appropriations, receipts and disbursements of state moneys and all other state affairs which are regulated in accordance with or based on fiscal years, including the fiscal affairs of all state departments, commissions, boards, agencies, offices and institutions, shall begin with the first day of [April] JUNE and end with the next following thir- ty-first day of [March] MAY. 2. All books and accounts in the offices of the comptroller and the department of taxation and finance shall be kept by fiscal years. All annual accounts required to be rendered to the comptroller or to such EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
2009-A662A - Details
2009-A662A - Sponsor Memo
BILL NUMBER:A662A TITLE OF BILL: An act to amend the state finance law, in relation to changing the state fiscal year from the first of April to the first of June PURPOSE: Changes the state fiscal year from April 1st to June 1st. SUMMARY OF PROVISIONS: Amends § 3 of the state finance law to change the end of the state fiscal year. JUSTIFICATION: In most years for the past two decades, the state budget has been adopted past the April 1st statutory beginning of the fiscal year. This is due, in part, to disagreements over 1st quarter revenue projections as well as the January start of the state's legislative session. Moving the fiscal year to June 1st provides a more realistic time frame for a budget that has doubled in size during the period of lateness. Moreover, by June 1st, New York will have actual income tax returns which are due April 15th, and which help determine state reven- ues. LEGISLATIVE HISTORY: 2008: A8260 (Kavanagh) - Ways and Means 2007: A8260 (Kavanagh) - Ways and Means FISCAL IMPACT ON THE STATE: None.
2009-A662A - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 662--A 2009-2010 Regular Sessions I N A S S E M B L Y (PREFILED) January 7, 2009 ___________ Introduced by M. of A. KAVANAGH -- read once and referred to the Commit- tee on Ways and Means -- recommitted to the Committee on Ways and Means in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the state finance law, in relation to changing the state fiscal year from the first of April to the first of June THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 3 of the state finance law, as added by chapter 1 of the laws of 1943 and as separately renumbered by chapters 405 and 957 of the laws of 1981, is amended to read as follows: S 3. Fiscal year. 1. The current fiscal year of the state which commenced with the first day of [July, nineteen hundred forty-two] APRIL, TWO THOUSAND TEN, is hereby [abridged] EXTENDED and shall end with the thirty-first day of [March, nineteen hundred forty-three] MAY, TWO THOUSAND ELEVEN. For all purposes of determining annual increments of state employees pursuant to the education law, the civil service law or other state law, and for all purposes whenever by law some act is to be performed or time is to be measured by the fiscal year of the state, the current fiscal year, as so [abridged] EXTENDED, shall be deemed to be a full year unless the context clearly requires a contrary construction. On and after the first day of [April, nineteen hundred forty-three] JUNE, TWO THOUSAND ELEVEN, the fiscal year of the state, for the purpose of budget, appropriations, receipts and disbursements of state moneys and all other state affairs which are regulated in accordance with or based on fiscal years, including the fiscal affairs of all state depart- ments, commissions, boards, agencies, offices and institutions, shall EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD00819-02-0
2009-A662B - Details
2009-A662B - Sponsor Memo
BILL NUMBER:A662B TITLE OF BILL: An act to amend the state finance law, in relation to changing the state fiscal year from the first of April to the first of June and requiring revisions of the consensus forecast of the economy, estimates of receipts for the current and the ensuing state fiscal year and the joint report of the director of the budget and the secretary of the senate finance committee and the secretary of the assembly ways and means committee, and directing the state comptroller to provide esti- mates for receipts for the current and ensuing state fiscal year; and to amend the education law, in relation to the timing and notice of annual elections in school districts and the submission of a property tax report card PURPOSE: This legislation proposes to change the start of the state fiscal year from April 1 to June 1 to ensure vital personal income tax data due April 15 is fully assessed in the revenue forecasting and budg- et negotiations processes. Executive and legislative fiscal leaders would be required to reconvene on or after April 15 and establish by May 1 a consensus forecast of the economy and estimates of receipts. The May 1 joint report would revise the initial consensus forecast of the economy and estimates of receipts due by March 1. Further, to accommodate school district trustees who need to know how much state aid they will receive in the ensuing fiscal year, the uniform school budget voting day would be moved from the third Tuesday of May to
2009-A662B - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 662--B 2009-2010 Regular Sessions I N A S S E M B L Y (PREFILED) January 7, 2009 ___________ Introduced by M. of A. KAVANAGH -- read once and referred to the Commit- tee on Ways and Means -- recommitted to the Committee on Ways and Means in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- again reported from said committee with amend- ments, ordered reprinted as amended and recommitted to said committee AN ACT to amend the state finance law, in relation to changing the state fiscal year from the first of April to the first of June and requiring revisions of the consensus forecast of the economy, estimates of receipts for the current and the ensuing state fiscal year and the joint report of the director of the budget and the secretary of the senate finance committee and the secretary of the assembly ways and means committee, and directing the state comptroller to provide esti- mates for receipts for the current and ensuing state fiscal year; and to amend the education law, in relation to the timing and notice of annual elections in school districts and the submission of a property tax report card THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 3 of the state finance law, as added by chapter 1 of the laws of 1943 and as separately renumbered by chapters 405 and 957 of the laws of 1981, is amended to read as follows: S 3. Fiscal year. 1. The current fiscal year of the state which commenced with the first day of [July, nineteen hundred forty-two] APRIL, TWO THOUSAND TEN, is hereby [abridged] EXTENDED and shall end with the thirty-first day of [March, nineteen hundred forty-three] MAY, TWO THOUSAND ELEVEN. For all purposes of determining annual increments of state employees pursuant to the education law, the civil service law or other state law, and for all purposes whenever by law some act is to be performed or time is to be measured by the fiscal year of the state, EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
2009-A662C (ACTIVE) - Details
2009-A662C (ACTIVE) - Sponsor Memo
BILL NUMBER:A662C TITLE OF BILL: An act to amend the state finance law, in relation to changing the state fiscal year from the first of April to the first of June and requiring revisions of the consensus forecast of the economy, estimates of receipts for the current and the ensuing state fiscal year and the joint report of the director of the budget and the secretary of the senate finance committee and the secretary of the assembly ways and means committee, and directing the state comptroller to provide esti- mates for receipts for the current and ensuing state fiscal year; and to amend the education law, in relation to the timing and notice of annual elections in school districts and the submission of a property tax report card and the calculation of the fiscal year for certain school districts PURPOSE: This legislation proposes to change the start of the state fiscal year from April 1 to June 1 to ensure vital personal income tax data due April 15 is fully assessed in the revenue forecasting and budg- et negotiations processes. Executive and legislative fiscal leaders would be required to reconvene on or after April 15 and establish by May 1 a consensus forecast of the economy and estimates of receipts. The May 1 joint report would revise the initial consensus forecast of the economy and estimates of receipts due by March 1. PURPOSE: Further, to accommodate school district trustees who need to know how much state aid they will receive in the ensuing fiscal year, the uniform school budget voting day would be moved from the third Tuesday of May to the fourth
2009-A662C (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 662--C 2009-2010 Regular Sessions I N A S S E M B L Y (PREFILED) January 7, 2009 ___________ Introduced by M. of A. KAVANAGH -- read once and referred to the Commit- tee on Ways and Means -- recommitted to the Committee on Ways and Means in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- again reported from said committee with amend- ments, ordered reprinted as amended and recommitted to said committee -- again reported from said committee with amendments, ordered reprinted as amended and recommitted to said committee AN ACT to amend the state finance law, in relation to changing the state fiscal year from the first of April to the first of June and requiring revisions of the consensus forecast of the economy, estimates of receipts for the current and the ensuing state fiscal year and the joint report of the director of the budget and the secretary of the senate finance committee and the secretary of the assembly ways and means committee, and directing the state comptroller to provide esti- mates for receipts for the current and ensuing state fiscal year; and to amend the education law, in relation to the timing and notice of annual elections in school districts and the submission of a property tax report card and the calculation of the fiscal year for certain school districts THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 3 of the state finance law, as added by chapter 1 of the laws of 1943 and as separately renumbered by chapters 405 and 957 of the laws of 1981, is amended to read as follows: S 3. Fiscal year. 1. The current fiscal year of the state which commenced with the first day of [July, nineteen hundred forty-two] APRIL, TWO THOUSAND TEN, is hereby [abridged] EXTENDED and shall end with the thirty-first day of [March, nineteen hundred forty-three] MAY, TWO THOUSAND ELEVEN. For all purposes of determining annual increments EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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