Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 06, 2010 |
referred to ways and means |
Feb 03, 2009 |
referred to ways and means |
Assembly Bill A4355
2009-2010 Legislative Session
Sponsored By
KOON
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
2009-A4355 (ACTIVE) - Details
- See Senate Version of this Bill:
- S4844
- Current Committee:
- Assembly Ways And Means
- Law Section:
- State Finance Law
- Laws Affected:
- Amd ยงยง179-m, 179-h & 139-g, St Fin L
2009-A4355 (ACTIVE) - Summary
Requires the division of the budget and state agencies of the executive branch to identify and remedy impediments to their prompt processing and payment of bills; directs the director of the budget to develop a plan to address the problem of late payment, and submit such plan to the governor, the temporary president of the senate and the speaker of the assembly by October 1, 2011.
2009-A4355 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4355 2009-2010 Regular Sessions I N A S S E M B L Y February 3, 2009 ___________ Introduced by M. of A. KOON, ORTIZ -- Multi-Sponsored by -- M. of A. BENJAMIN, BRENNAN, COOK, GALEF, MAGEE, MAYERSOHN, ROBINSON, TOWNS -- read once and referred to the Committee on Ways and Means AN ACT to amend the state finance law, in relation to reducing late payments to contractors THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative intent. The legislature hereby finds and declares that interest penalties paid by the state for overdue bills have exceeded one million dollars each fiscal year since 1994-95, as shown by the annual reports issued by the comptroller pursuant to subdi- vision 3 of section 179-m of the state finance law. This inefficiency and tardiness in meeting the state's obligations is unacceptable. Late payments and the associated penalty interest represent a waste of taxpayers' money, a hardship for small businesses, and a disincentive for contractors to do state work. It is the intent of this legislation to require the division of the budget and the executive branch agencies of the state to identify and remedy impediments to their prompt process- ing and payment of the state's bills. S 2. Section 179-m of the state finance law is amended by adding a new subdivision 4 to read as follows: 4. THE DIRECTOR OF THE BUDGET SHALL DEVELOP AN ACTION PLAN FOR REDUC- ING LATE PAYMENTS BY EXECUTIVE BRANCH AGENCIES. THE PLAN SHALL SET REDUCTION TARGETS FOR INDIVIDUAL AGENCIES. SUCH PLAN SHALL BE SUBMITTED TO THE GOVERNOR, THE TEMPORARY PRESIDENT OF THE SENATE AND THE SPEAKER OF THE ASSEMBLY NO LATER THAN OCTOBER FIRST, TWO THOUSAND ELEVEN. S 3. Section 179-h of the state finance law, as amended by chapter 153 of the laws of 1984, is amended to read as follows: S 179-h. Determination of appropriations against which interest payments are to be charged. Except in situations when federal law or the provisions of section one hundred seventy-nine-o of this article require EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01619-01-9
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