Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
May 03, 2010 |
referred to ways and means |
Assembly Bill A10926
2009-2010 Legislative Session
Sponsored By
LOPEZ V
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
co-Sponsors
Donna Lupardo
RoAnn Destito
2009-A10926 (ACTIVE) - Details
- See Senate Version of this Bill:
- S7686
- Current Committee:
- Assembly Ways And Means
- Law Section:
- State Finance Law
- Laws Affected:
- Amd ยง40, St Fin L
2009-A10926 (ACTIVE) - Sponsor Memo
BILL NUMBER:A10926 TITLE OF BILL: An act to amend the state finance law, in relation to clarifying the definition of the term liabilities with respect to the period for which an appropriation remains in full force and effect PURPOSE: The purpose of this legislation is to authorize the continued payment for contracts that have already been entered into by the state. SUMMARY OF PROVISIONS: This legislation amends paragraph (c) of subdivision 3 of section 40 of the state finance law by clarifying the definition of the term liabil- ity. JUSTIFICATION: Section 40 of the State Finance Law outlines the timeframe for which appropriations included in the State budget remain in full force and effect and the date by which such appropriations shall lapse. Pursuant to subdivision 3 of such section, all appropriations made for any purpose currently cease to have force and effect - except for any liabilities already incurred at the close of the fiscal year. In the case of existing liabilities incurred pursuant to a capital projects appropriation, paragraph (c) of subdivision 3 provides that the final lapse date for such appropriations is the 15th of September following the close of the fiscal year. Thus, liabilities for capital projects
2009-A10926 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 10926 I N A S S E M B L Y May 3, 2010 ___________ Introduced by M. of A. V. LOPEZ -- read once and referred to the Commit- tee on Ways and Means AN ACT to amend the state finance law, in relation to clarifying the definition of the term liabilities with respect to the period for which an appropriation remains in full force and effect THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 3 of section 40 of the state finance law, as amended by chapter 169 of the laws of 1994, is amended to read as follows: 3. Every appropriation for whatever purpose which at the close of the fiscal year shall cease to have force and effect except as to liabil- ities already incurred thereunder shall as to such liabilities continue in force and effect until the dates specified in paragraphs (a), (b), (c) and (d) of this subdivision, on which dates such appropriation shall lapse and no money shall thereafter be paid out of the state treasury or any of its funds or any of the funds under its management pursuant to such appropriation. (a) Except for appropriations made to THE city university of New York and the state university of New York, all state operations appropri- ations including special revenue funds-federal appropriations continued pursuant to paragraph (d) of subdivision two of this section shall lapse on the thirtieth day of June immediately following the close of the fiscal year. The appropriations made to the city university of New York or the state university of New York shall lapse on the thirtieth day of September immediately following the close of the fiscal year. (b) All aid to localities appropriations including special revenue funds-federal appropriations continued pursuant to paragraph (d) of subdivision two of this section shall lapse on the fifteenth day of September immediately following the close of the fiscal year. (c) All capital projects appropriations shall lapse on the fifteenth day of September immediately following the close of the fiscal year; PROVIDED THAT FOR SUCH APPROPRIATIONS, LIABILITIES INCURRED PURSUANT TO SUCH APPROPRIATIONS SHALL BE DEEMED TO INCLUDE PAYMENTS FOR WORK EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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